Payday Loans for South Africa Residents
- Age 18 Years or Above
- South African Citizen
- Must have a Bank Account
- Have a Permanent Employment
Payday Loans are short term loans that serve as quick cash to meet emergency expenses. These loans, along with cash advances, can be used as short term loans to take you through to your next payday when fee payment and balance are due. All these are short term loans that help applicants to make ends meet. We know that everyone has different financial requirements, and so we offer varying loan options.
Payday Cash Loans: Things you must know
The short term payday loan and cash advance loans vary in terms of loan amounts and loan period. Qualifying for a payday loan is easy. You must have a regular income of a certain amount, be at least 18 years of age and have an active bank account in good condition. EasyPayday ensures that all your needs are answered even if there are bounced checks, bankruptcy, charge-offs or any credit problems. The payday advances provide an advance on your wages. The cash is received in a single lump sum and is required to be paid by month end along with the interest amount.
Emergency payday advance loans are a boon
Payday Short Term loans are available to people who want money in their account quickly. There can be several reasons to take such a loan. The most popular need is to cover an emergency expense. It is not always possible to plan things in advance; some expenses crop up unexpectedly like medical emergency, breaking down of your car or providing for boiler repairs. In these loans, funds are transferred to your account swiftly and help you resolve your financial crisis soon.
Apply for payday advance loans ONLY during emergency!
Being highly accessible, there can often be a temptation to opt for payday cash loans for less urgent problems. However, you should not take these loans for needs that are not genuine. The loans can be expensive and should not be used irresponsibly. A lot of people set emergency funds for critical situations. 3 to 6 months of living expenses should at least be spared for these emergent funding needs. Some might keep their emergency cash in a checking account for withdrawal whenever required.
The only problem with an emergency cash fund is that not every one of us can have one. It is tough to save money, especially for an emergency which we do not even know will occur. At times, cash injections are required to see the situation through as if there is not sufficient money saved, the Payday Advance Loans can be the only way through which we can have our emergencies covered.
You can rely on us whenever you need money
To apply for a Payday Loan, all you need to do is fill up the secure Application Form. Our expert will then call you to process the application. Once approved, the loan will be deposited into your bank account within the same day or by the next day. When the loan is due for payment, the amount along with the interest will be deducted from your account.