---
title: "Personal Loans South Africa: Compare Rates | Finmart"
description: "Compare personal loans of up to R350,000 from NCR-registered lenders. How personal loans work, what they cost over 12 to 72 months and how to get the best rate."
canonical_url: "https://finmart.co.za/loans/personal-loans/"
language: en-ZA
type: category
date_published: 2026-09-16
date_modified: 2026-09-16
---

# Personal loans compared

Borrow a larger amount and repay it in fixed monthly instalments. Compare rates, fees and terms from registered lenders in one place.

## Loans

Total offers: 8 · Live data — as of 22.09.2026

| # | Offer | Organization | Overall rating | Loan amount | Loan term | Interest rate | Apply |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | Dengoo |  |  | R500 – R350,000 | 1 – 365 days | 3.65% – 58.4% p.a. | [Get it](https://track.finmatcher.com/click?offer_id=897&pid=8370&sub2=ai_agent_md&sub7=loans_personal-loans) |
| 2 | Finpug |  |  | R500 – R50,000 | 61 – 365 days | 0% – 36% APR | [Get it](https://track.finmatcher.com/click?offer_id=990&pid=8370&sub2=ai_agent_md&sub7=loans_personal-loans) |
| 3 | MoneyHello |  |  | R500 – R250,000 | 3 – 72 months | Up to 102.14% APR | [Get it](https://track.finmatcher.com/click?offer_id=1251&pid=8370&sub2=ai_agent_md&sub7=loans_personal-loans) |
| 4 | Arcadia Finance |  |  | R100 – R350,000 | 3 – 72 months | Up to 28% APR | [Get it](https://finmart.co.za/reg/?offer-id=758&offer-type=fast_loan&utm_source=ai_agent_md) |
| 5 | Creditum |  |  | R500 – R350,000 | 6 – 72 months | 11% – 28% p.a. | [Get it](https://finmart.co.za/reg/?offer-id=764&offer-type=fast_loan&utm_source=ai_agent_md) |
| 6 | FatCat Loans |  |  | R1,000 – R350,000 | Up to 72 months |  | [Get it](https://finmart.co.za/reg/?offer-id=767&offer-type=fast_loan&utm_source=ai_agent_md) |
| 7 | Letocredit |  |  | Up to R15,000 | 61 – 365 days | 0% – 36% APR | [Get it](https://finmart.co.za/reg/?offer-id=769&offer-type=fast_loan&utm_source=ai_agent_md) |
| 8 | MyLoan |  |  | R500 – R500,000 | 6 – 72 months | 11% – 28% p.a. | [Get it](https://finmart.co.za/reg/?offer-id=772&offer-type=fast_loan&utm_source=ai_agent_md) |

## Frequently asked questions about personal loans

### How much can I borrow with a personal loan?

Lenders and loan matching services in South Africa offer personal loans of up to R250,000–R350,000. The amount you are approved for depends on your income, existing debt and credit record.

### What is the maximum interest rate on a personal loan?

For unsecured credit the National Credit Act links the maximum to the repo rate, which puts it at about 28% a year in 2026. Customers with a strong credit record are often offered lower rates.

### Is credit life insurance compulsory?

A lender may require credit life insurance for loans with a term longer than 6 months, but you are free to use an existing policy instead of the lender’s own cover.

### Can I get a personal loan while under debt review?

Registered lenders generally decline applications while a debt review flag is on your credit record. Once your debt review is completed and the flag is removed, you can apply again.

### Can I pay off my personal loan early?

Yes. You may settle at any time. Request a settlement quote from the lender; for larger loans, the lender may charge limited early settlement costs as allowed by the National Credit Act.

### How long does approval take?

Online lenders often decide within minutes and pay out on the same or next business day. Banks can take one to a few business days, especially if they need additional documents.

## Other categories

- [Loans](https://finmart.co.za/loans/)
- [Short-term loans](https://finmart.co.za/loans/short-term-loans/)
- [Payday loans](https://finmart.co.za/loans/payday-loans/)
- [Quick loans](https://finmart.co.za/loans/quick-loans/)
- [Cash loans](https://finmart.co.za/loans/cash-loans/)
- [Online loans](https://finmart.co.za/loans/online-loans/)
- [Consolidation loans](https://finmart.co.za/loans/consolidation-loans/)