Rating based on 927 reviews
About Power Financial Services
We're a reliable lender that is registered with the Financial Conduct Authority and offer customers the easiest and quickest way to take out a cash loan when they need it.
Since our processes and services are simple and easy to understand we ensure that you're in the know from start to finish.
We're a long-standing lender
Having been in operation for a number of years, we've become accustomed and in tune with the needs of our customers and are able to effortlessly serve them when others won't or can't. We offer customized solutions because we know not all customers are the same!
What Power Financial Services can offer you
We offer personal cash loans online that range from as little as R500 to a decent R8,000 - at an interest rate that is fixed and remains below 60% as required by the NCA.
Our loan terms are flexible and stretch all the way to 180 days.
Loans for people with poor credit
While banks and many online lenders cannot help people who have struggled with debt in the past and are struggling with a poor credit history - Power Financial Services can assist both those with bad credit and those who have been blacklisted with our payday loans.
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In a Nutshell
- Average processing time 24 hours
- Online application
- In-store application
- Unsecured loan option
- Bad credit consideration
- Early repayment
We are the preferred payday loan lender in SA
Applying for a personal loan online is simpler than you may think.
With Power Financial Services the entire process takes under 24 hours and will have you back on your feet sooner than you had anticipated.
We keep our promises
When it comes to working within serious time constraints most lenders will let you down. From banks to small online lenders - the time it takes to actually receive your loan will be the same but, with Power Financial Services you can get it done on the very same day.
Effortless loan applications online
Our application and processing procedures are preferred by most applicants because we've employed only the latest technology and industry best practices to ensure that you can get your payday cash loan as soon as possible but we also have multiple branches across the country where you can apply and find out more information.
Payday loans of up to R5000
Sometimes you may have larger expenses or need a loan for a down payment on something and you require more cash than traditionally offered to you by ordinary payday loans. Our payday loans allow you to borrow up to R5000 as long as you are able to afford the loan and can pay back the entire amount within 30 days or by your next salary date.
If you need an even larger amount of cash then you can speak to one of our consultants about applying for an online personal loan that gives you a longer amount of time to repay your loan.
If you are having trouble repaying your loan we can extend the loan term to up to 45 days or refer you to a personal loan which allows you up to 6 months to repay the loan.
A different approach to finance
Our loans are different because we see loans differently. Once your loan has been approved you will receive a Power cash card. This card works in the same way that a bank card does and can be used to make purchases or to make cash withdrawals at most ATM’s.
Your unique pin keeps your cash safe
To operate the card you will be given a unique pin. This pin must be used every time that you use your card. If you are running low on cash simply top up your card by applying for an additional loan. You will first need to repay the payday loan that you have before you apply for additional funding.
When you work hard all month but only receive your salary at the very end, but what do you do if you require cash before your next pay date? Our online payday loans allow you to apply easily and have the money in your account on the very same day. You don’t need to worry about repaying your loan until your next salary date.
The loan will then be deducted in one easy payment, once your loan has been repaid, you will be eligible to apply for another loan on a revolving basis.
Eligibility & Requirements
- Employed full-time
- Credit check
- Recent pay slips
- Bank statements
Other Products & Services
- Payday Loans
Customer Reviews & Testimonials
I was very happy with the great service I received and how easy it was to apply. The Power cash card is simple to use and is just like having cash in your pocket. I find it very convenient that if I need to, I can easily top up my loan and the money will be transferred directly onto my power card.
— Soweto —
When I needed some quick cash I applied for one of your loans and you helped me quickly. As soon as the money was paid into my account I received a notification. I received a reminder that the loan would be deducted on my next pay date so that I could make sure that there was money available in my account.
— Johannesburg —
I was amazed at the excellent customer service that I received when I had a question and phone the helpline. The consultant that I spoke with was very knowable about the entire process and quickly put my mind at peace by answering all my questions. I was happy that applying had no effect on my credit score and that the...
— Cape Town —