Given the twists and turns of life, it is not unusual to find yourself seeking for a quick loan. Sometimes, money does not always come in as expected. You could be faced with a gaping emergency, your payday is weeks away, and your pockets are completely drained. When you find yourself caught up in such a situation, a quick, affordable loan get you by until your next payday.
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The amount you can get will depend on the type of loan. Usually, if you go for a personal loan, you can borrow between R1000 and R250000, depending on the lender you choose.
For short-terms, loans and payday loans, the limit can fall around R4000, although some lenders can allow you to borrow more if you have reputable lending history; up to R8000. Often, the higher the loan, the higher the interest rates payable. Also, with high amounts, the terms and conditions could strict.