Sometimes life does not work out as planned and you find yourself sort a couple of bucks just before the end of the month and the long awaited pay check. What if someone could lend you the cash – hassle free and without long term commitments – just when you need it?
The above is your typical sales pitch of payday loan agents. Whilst an accepted way of borrowing in the UK, payday loans in South Africa are still fairly new and have received some bad press in the past. Whilst there are certainly some less than trust worthy operators, Top10Reviews has had a look at the top payday loans in South Africa to ensure that you can make an informed decision when researching your short borrowing options
Whilst the payday loan industry is still fairly new in South Africa, the recent entry of Wonga has transformed the local industry and ensured that South Africans have access to a world-class and trusted payday loan provider.
Wonga has issued more than 5 million loans in the UK since 2007 and are widely regarded as the market leaders.
In addition to Wonga, there is Boodle which is the local challenger brand to the larger competitor.
We know that loans and borrowing is always a tricky decision – hopefully you will find the above payday loans comparison and our payday loans reviews helpful in finding the best solution.
And remember: Payday loans are meant to bridge the gap until payday; they shouldn’t be used as a long-term solution.