Small Personal Loans
Get a Small Personal Loan
What is a Small Personal Loan?
A small personal loan is typically a loan that ranges from R8,000 to R35,000.
Whether you need quick cash to cover the cost of an unexpected expense such as a medical bill, or to finance an emergency car or home repair, a personal loan from Eloan can deliver the funds to your account as soon as the next business day2
Compared with payday loans or footing the bill with your credit card, this type of loan tends to come with a lower interest rate that won’t change and no annual fees, which also means lower monthly payments and more cash flow for you.
How Does a Small Personal Loan Work?
A small personal loan is an unsecured loan that’s tied to factors like your creditworthiness and income, among others – yet not collateral, like your home or car.
It can be simple to pre-qualify: just fill out Eloan’s online application with your basic information, check your rates, and choose from the loan options available to you1.
If the application is approved, you’ll receive your loan amount in your account in one lump sum, and then all you need to do is make your appointed loan payments each month. The payment amount won’t change because personal loans are fixed-rate loans, and with Eloan, there aren’t any hidden fees either.
Net Loan
Small Personal Loans
- Length of time you can borrow for Up to 25 years
- Amount of money you can borrow
- Interest rates
Get Fast Cash
Pre-qualify in minutes1 and get funds in your account as early as the next business day.2
Low Interest Rates
Pay less in interest than with payday loans or credit card use.
No Annual Fees
Zero origination fees. Zero prepayment penalties