MR LOAN

for fast online loans apply online now!!
from R500 to R4000 simple & easy process

Use our sliders to apply online now!

How much cash do you want?
R500   R4000
How long do you want it for?
5 Days   37 Days
Days
Loan Amount
+ Interest & Fees
= Total to repay:

Apply Online

Contacting you

Title
First name
Middle name (optional)
Surname
Home phone number including area code (optional)
Cell phone number
Email address
Confirm email address
Do you wish to be included in any marketing campaign that may be conducted by or on behalf of MR Loan?

Your details

ID Number
Gender
Date of birth
Home language
Home status
Marital status
Number of dependants
Name of Bank:
Name of Account Holder:
Account number:
Branch Code:
Is your salary paid into this account:
Are you an existing client?

Employment details

Employment status
Employer name
Monthly income (after tax)
Employer industry
Position

Time with employer

Years
Months
Work phone number (including area code)
Frequency of income
Next pay date
Salary paid to bank account?
Employer name
Monthly income (after tax)
Employer industry
Position

Time with employer

Years
Months
Work phone number (including area code)
Frequency of income
Next pay date
Salary paid to bank account?
Employer name
Monthly income (after tax)
Employer industry
Position

Time with employer

Years
Months
Work phone number (including area code)
Frequency of income
Next pay date
Salary paid to bank account?
Monthly income (after tax)
Work phone number (including area code)
Frequency of income
Date of next income due
Salary paid to bank account?
Monthly income (after tax)
University

Time at university

Years
Months
Frequency of income
Next pay date
Salary paid to bank account?
Monthly income (after tax)
Frequency of income
Next pay date
Monthly income (after tax)
Frequency of income
Next pay date
Monthly income (after tax)
Frequency of income
Next pay date
Monthly income (after tax)
Frequency of income
Next pay date
Monthly income (after tax)
Division

Time in service

Years
Months
Frequency of income
Next pay date
Salary paid to bank account?
We will do our utmost to protect your privacy and personal details. You must read our Privacy Policy to see exactly how we deal with your personal details. If you do not agree with our Privacy Policy you will not be able to proceed with this application.

Are you currently under debt review, administration, sequestration

I agree to pay a once off processing fee of R85.
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  • APR
  • Renewal policy and fees
  • Breakdown of fees
  • Potential impact to applicants creditscore
  • Collections for overdue loans
  • Financial implications
Our monthly interest rate is 5%. Which is approximately 0.17% per day.
There are no renewal fees involved. Each new loan application requires verification and credit assessments.
Our sliders will give you a breakdown of all the interest and fees you will need to pay back.
The interest and fees is based on the amount you want to borrrow and the period you want to borrow it for.
We calculate interest and fees according to the National Credit Act of 2005.
We charge a daily interest of approxamitely 0.17%.
Service fee: R50 per month.
Initiation fee: 15% on the first R1000, plus 10% on any value above R1000, to a maximum of R1000.
Applicants information is submitted to our credit bureaus.
This information is then updated and reflects on the applicants credit report.
Clients are contacted via email and telephone regarding their unpaid / overdue loans.
Clients are given a final letter of demand and are then given a further 12 days to settle the overdue account.
Clients are handed over to our bad debt accounts department who will then continue to recover the outstanding loans.
Late interest is incured on a daily basis for unpaid / overdue loans at a rate of approximately 0.17%.