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Apply for a Loan Online With Speed
Looking to apply for a Speedy loan online? There are a few important things you need to know about this lender before doing so.
Key Takeaways
✔ There are many lenders in South Africa currently using the name (or similar) of “Speedy Loans.”
✔ It’s crucial to research loan options, to ensure you’re dealing with a reputable registered credit provider. For example, be sure to check out Speedy Loans reviews online before applying.
✔ The good news is that RandWallet does your homework by matching you to certified lenders you can trust.
✅ How Much Do You Need?
About This Lender
At the time of writing, no registered credit provider is operating under the name Speedy Loans.
Yet, a quick Google search shows several lenders offering loans under this name.
Hence, this review will not cover a single “Speed Loans” lender but will cover various options related to this term.
How Does It Work?
Currently, there are two main options coming up when you search for Speedy Loans in South Africa:
- Speedy Loans Dot Org: This company claims to have various Speedy Loans branches in almost all South African provinces. However, this company does not have a registration number from the NCR.
- Speedy Loans Dot Co Za: This company is also NOT registered with the NCR. It appears to be operated by an affiliate company, not a direct lender.
Are Speedy Loans Legit?
If you’re looking for Speedy cash online payday loans, you may be confused about which option is legit.
The first thing is to check if the lender you’re dealing with is registered. Never pay a lender money to get a loan – it’s always a scam.
Loan Requirements – What You Need to Apply
The requirements for applying for a speedy cash loan vary from lender to lender.
Typically, you need to be at least 18 years old, with a sufficient and stable monthly income.
You must also provide a valid ID, 3 months’ bank statements, and your latest payslip.
Application Process
If you’re looking for Speedy Loans the online application process is quick and easy with RandWallet.
Simply complete the form to get offers from multiple lenders and compare options in one place.
✅ Competitive Interest Rates
✅ Flexible Repayment Plans
✅ Loans from R500 to R250,000
Speedy Loans Contact Details
There are several Speedy Loan locations and contact numbers, including the following
📌If you’re looking for Speedy Loans in Durban, there’s a lender called Speedy Financial Services, based in West Street.
📌You can also find Speedy Financial Services in Bloemfontein and other areas like Pietermaritzburg, Pine Town, and Thohoyandou.
Important Things to Keep in Mind
There are many entities using the name Speedy Loans.
If you’re applying for such a loan online, you never know who you’re dealing with unless you do your due diligence.
There are even individuals advertising loans on Facebook or posting fake positive reviews to lure borrowers.
You’ll find many similar lenders in your search, including the following:
- Speedy Finance Loans
- Speedy Money Solutions
- Speedy Cash Loans
- Speedy Micro Loans
Be careful, some of these options are scammers, illegal moneylenders, or loan brokers pretending to be direct lenders.
»NEXT: Boost Loans
»LEARN MORE: Private Lenders in South Africa
Our Research Expert
Gracie Makowe is a full-time personal finance writer with 10 years of experience and a Bachelor of Commerce in Financial Management from UNISA. Learn more.