Rating based on 855 reviews
About Letsatsi Finance and Loan
Although we offer loans for people with bad credit - we are every bit as much of a responsible lender as other online lenders and are registered with the National Credit Regulator.
Letsatsi Finance and Loan offer South Africans a credit alternative that looks beyond bad credit and rather considers income and repayment ability.
Taking your individual needs into consideration
While other credit providers may be the ones doing all the talking - at Letsatsi Finance and Loan, we actually take the time to listen to your needs. We are therefore able to ensure that all the short term loans we provide are tailored to meet your needs and delivered without stress or hassle.
What Letsatsi Finance and Loan can offer you
When customers consider which lender they should turn to for a personal micro-loan - an important factor is the rate offered but, it's also just as important to consider speed, convenience and good customer service.
Letsatsi Finance and Loan offers these benefits as a standard part of our everyday business.
We offer loans of up to R8,000
Throughout our 40 nationwide branches, we offer payday loans that range from R500 to R8,000 with loan terms of either 2 or 6 months. Letsatsi Finance and Loan have an average 1 hour turnaround time for new customers and instant loan approval for returning customers.
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In a Nutshell
- Average processing time 1 hour
- Online application
- In-store application
- Unsecured loan option
- Bad credit consideration
- Early repayment
Letsatsi Finance and Loans are the experts when it comes to quick payday loans
Letsatsi Finance and Loan are a experienced, well-established and reliable payday loan provider when you deal with us you know that you are dealing with the best that South Africa has to offer!
The kind of service that you deserve
We have a team of efficient and passionate staff members -we're always serving customers in a professional manner that manages to still remain personal and easy going. We understand that people do not want to deal with a machine so we strive to provide the most personalized service in all of our 40 branches.
Minimum requirements and supporting documents
If you are over the age of 18, have a full-time job and need a loan than you meet our eligibility requirements and can apply for a personal cash loan with us! Don’t forget to have your ID, pay slips, recent bank statements and proof of address in hand when applying for a loan online.
When you need some money very quickly to pay for an unexpected emergency or medical expense then the answer is an online payday loan. This hassle-free solution is there to offer you quick cash in your account within minutes.
The full instalment needs to be paid by your next salary date and will be deducted automatically from your account. Apply online and receive your outcome within 1 hour, we will verify your details and if your loan is approved, your cash will be paid into your account the very same day.
You will have 30 days to repay the loan in one easy instalment.
Repair your credit and escape the debt trap
Loans normally require you to sign a long term loan contract that keeps you in debt for many years. They usually require you to borrow a larger amount than you need and have very difficult loan requirements. Our payday loans are different there is no need to sign a long loan term contract instead the loan simply needs to be repaid after 30 days or by your next salary date.
Once you apply for one of our loans, you will be required to set up a direct debit on your account. This will ensure that you never miss a payment and will help you raise your credit score. The better your credit score is the lower your interest rate will be and the more money you will be qualify to borrow.
Even people that are blacklisted can apply to qualify for one of our online payday loans.
Eligibility & Requirements
- Employed full-time
- Credit check
- Recent pay slips
- Bank statements
Other Products & Services
- Short Term Loans
- Long Term Loans
- Debt Consolidation
Customer Reviews & Testimonials
Letsatsi provided very efficient service and the website had a lot of interesting information on it. Even though I have bad credit my loan application was approved and the money was paid into my account on the very same day. It was a pleasure doing business with your company and I will return should I ever need a loan ...
— Johannesburg —
It was very easy to apply for a payday loan from my cell phone, the entire process only took a few minutes to complete. I was happy that I did not have to complete paperwork and that the money was paid into my account so quickly.
— Bloemfontein —