Mazuma Loans

Mazuma Loans

General conditions

Amount
Period
What you’ll need
Borrow between R1000 to R200,000
Loans can be repaid in the specified time period to suit you.
To apply, you must be 18 years or older

Quick Cash from Mazuma Loans — IPayLoans

About Mazuma Loans

Mazuma Loans is a company that can help people to get a quick cash loan even if they are blacklisted by banks or have a bad credit score.

Like Binixo, Mazuma Loans is an online broker and financial services provider, the company doesn’t actually pay the loans themselves. Instead, they have special arrangements with credit providers who are registered with the National Credit Regulator (NCR). Some of those lenders aren’t easy to access for the public, so Mazuma Loans takes care of that for you.

You should know that most of the lenders Mazuma Loans has partnered with will do a credit check, though. The company also cannot guarantee that any partner will accept your application even if Mazuma Loans does.

Why Choose Mazuma Loans?

You can expect to always get 5-star service from Mazuma Loans’ consultants. They can also give you financial advice for free to help you make the right decision when choosing a loan.

Some of the loan options offer same day approval so you can get the money within 24 hours of applying. Mazuma Loans South Africa also promises a high approval rate. That means even if you are blacklisted and/or have a bad credit score, you will almost always be able to find a loan with their help. The Mazuma Loans matching service works very quickly to find the best possible loans.

We’ll also explain how to apply through Mazuma Loans reviews. This process is very quick and easy. The company uses SSL security to keep your data safe on their website. The only people they share your information with are the lenders, which are selected through their loan matching service. All of those lenders are trusted credit providers.

Mazuma Loans — Quick Cash Loans

What Type of Loans Does Mazuma Offer?

Mazuma Loans Cape Town can help you find four different types of loans. These different loans have different maximum amounts and loan terms (how long you have to pay back the money).

Because Mazuma Loans doesn’t offer these loans themselves, the interest rate and loan terms aren’t always the same. It will depend on which credit provider agrees to lend you the money. Mazuma Loans doesn’t have any control over this information.

Here’s what you can usually expect to happen with these types of loans:

Loan Type

How Much?

How Quickly?

Loan Term

Interest Rate

Payday

Up to R3,000.

A few hours.

Next payday, sometimes a few months.*

Higher than most other types of loans.

Short-term

Up to R8,000.

Within 24 hours.

A few months.

Higher than most other types of loans.

Medium-term

Up to R20,000.

A few days.

A few months to a year.

Lower than Payday and Short-term loans.

Long-term

Up to R200,000.

A few days.

Up to 5 years, sometimes more.*

Lower than shorter loan periods.

*Depends on credit provider.

How to Apply

Applying for a loan through Mazuma Loans is very easy. The online application form will ask for the following information:Mazuma Loans South Africa — Quick Cash Online

  • Title, name, and surname;
  • RSA ID number;
  • Age;
  • Home address;
  • Contact details;
  • Employment details;
  • Monthly gross and net salary;
  • Payment details;
  • Bank details;
  • Whether you’re under debt review;
  • How much you want to borrow.

After clicking submit, Mazuma Loans will immediately start matching your application to the best lenders in South Africa. The lender will then contact you to ask for documents or more information if they need to.

How Mazuma Loans Helps You

Sometimes emergencies happen and you need money urgently. But if you have a bad credit score or are blacklisted, that can be difficult.

Mazuma Loans helps you out by finding trusted lenders that will let you borrow the money you need. Their service is 100% free, so you don’t have to pay Mazuma Loans anything in return. The lenders pay the company a commission fee out of their administration fee.

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