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MyLoan is an online loan broker and not a lender. Our service is free and we work with NCR licensed lenders in South Africa. Interest rates charged by lenders can start as low as 20% APR, including an initiation and service fee determined by the lender. The interest rate offered depends on the applicants’ credit score and other factors at the lenders’ discretion.

The maximum annual interest rate including fees is 27.5%. Repayment terms can range from 1 - 72 months.

Representative example: Estimated repayments of a loan of R30 000 over 36 months at a maximum interest rate of 29.25% apr would be R1 381 per month including fees. Repayment terms can range from 2 - 72 months. MyLoan is an online loan broker and not a lender. Our service is free, and we only work with NCR-licensed lenders in South Africa. Interest rates charged by lenders can start as low as 19.25% apr, including an initiation and service fee determined by the lender. The interest rate offered depends on the applicant's credit score and other factors at the lender's discretion.