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mashonisa loans online

Need a Loan? Be Wise – Compare Loan Offers

We will never charge fees

Minimal paperwork may be required by the lender

We compare offers from over 20 credit providers

Same-day lender response may be available

Representative example: Mashonisa is an online loan comparison tool and not a credit provider. We only work with NCR-registered credit providers in South Africa. Our comparison service to consumers is free of charge. Estimated repayments on a loan of R30 000 over 36 months at a maximum annual interest rate of 28% would be R1 360 per month including an initiation fee and monthly service fees. Interest rates charged by credit providers may, however, start as low as 11%. Repayment terms can range from 6 to 72 months. All loans are subject to lender approval, affordability checks, and the lender’s final terms.

about us

mashonisa

There are many loan providers in South Africa whom all have a multitude of necessities for credit applicants, you may qualify for a loan at one provider but not the other.

Simple online application. Minimal paperwork may be required by the lender. Mashonisa.co.za has already earned the confidence of 100 000 South Africans.

Mashonisa was founded in 2010 with the aim to immediately and directly match your loan application to a qualifying lender by completing a single loan application.

step 1

Simple loan application process

step 2

Choose your loan options

step 3

Approval is subject to lender affordability checks

A representative example

A representative example: estimated repayments on a loan of R30 000 over 36 months at a maximum annual interest rate of 28% would be R1 360 per month, including an initiation fee and monthly service fees. All loans are subject to lender approval, affordability checks, and the lender’s final terms.

Repayment terms can range from 6 to 72 months. The maximum annual interest rate is 28%. Interest rates charged by credit providers may, however, start as low as 11%.

Mashonisa is an online loan comparison tool and not a credit provider. We only work with NCR-registered credit providers in South Africa. Our comparison service to consumers is free of charge. Loan offers and approval are subject to lender criteria, affordability checks, and final credit assessment. The interest rate that is given is determined by the credit score of the applicants as well as other variables at the lenders’ discretion.

benefits of mashonisa loans

Simple online application with minimal paperwork. Approval is subject to lender affordability checks.

  • Need a quick loan of up to R300 000?
  • We Mashonisa immediately guide your single application.
  • Get a couple of loan offers, Select your best offer.
  • We are aligned with over 20 credit providers in South Africa.
  • Your information is kept safe.
  • You can apply for a loan on top of your loan.

what is a personal loan – more details

A personal loan is an effective short-term financial solution. It is nearly certain that we will all need to take out a loan at some point since life often throws curve balls that we don’t see coming.

You may choose loan rates and conditions that work for you based on how much money you want to borrow. Short-term loans, however, often have higher interest rates. Longer loan terms are often only available for larger sums of money and allow you to make set monthly payments that you can afford, as with house loans. Longer loan durations also often provide better interest rates.

Loan terms – You could sometimes want a personal loan amount that you can return over a period of six months, like a payday loan. Loan terms may, however, also be extended in lender proposals. Mashonisa makes an effort to ensure that you understand the interest rate and total cost of your loan. A fixed-rate loan will guarantee that the interest rate won’t alter over the loan’s term.

Consequently, you are fully aware of the amount of your monthly payments. The knowledge that the debt you are repaying won’t grow gives you further piece of mind. On the other hand, you are aware that it won’t go down either.
Mashonisa compares loans provided by several lenders. Simply complete our application, and we’ll provide you a list of specific offers from lenders.

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