Rating based on 715 reviews
Lamna offers South Africans secured short-term cash loans at affordable rates with flexible repayments that can suit a tight budget.
We’re a registered financial services provider that can be trusted and relied upon to provide customers with credit when it’s needed. Our loan terms are flexible and range from 2 to 24 months!
A transparent lender - always
Lamna is a transparent lender that openly advertises our Annual Interest Rates (APR), fees and process to customers and potential customers.
With us, you can rest assured that you won't end up paying more than what you initially believed you would on your quick cash loan and that's a promise!
What Lamna can offer you
At Lamna we offer customer short-term micro loans and long term loans that are secured against a valuable asset which we appraise at one of our offices.
Our services are quick, confidential and requires no paperwork - so those who are blacklisted are welcome to apply with us.
From cars to earrings - we accept a range of items
Lamna accepts a wide range of items as security for a personal loan and this include vehicles, watches, gold, jewelry, yachts and boats as well as antiques and artwork.
To get a loan you can complete an online loan application forma and then bring your item to us for appraisal or just visit us in branch.
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In a Nutshell
- Average processing time 1 to 2 hours
- Online application
- In-store application
- Secured loan option
- Bad credit consideration
- Early repayment
Get a short-term loan quickly - simply apply online
Since all of our loans are secured you don’t have to worry about ITC checks, bad credit and paperwork.
All you have to do is bring your item to us for appraisal and we will make you a reasonable loan offer. Our interest rates range from 36% to 60% per annum and we welcome customers to repay their fast cash loans earlier to save on interest.
Concluding your quick loan
In order for us to appraise you item or vehicle we will require that you come and see us.
Once we have appraised you item or vehicle we will then ask you to provide us with proof of address as well as a copy of your South African ID book. We will then draw up a simple loan agreement which you must sign before we provide you with your short-term loan.
Why do you need my personal details?
There are a number of things we need to verify after you have submitted your loan application. In essence, we need to determine whether you can afford the short term loan you are applying for. The last thing we want to do is bombard you with credit you wouldn’t be able to pay for.
There is nothing to worry about because everything that is shared won’t be distributed to any third parties. The information that you give us will be for record purposes only. It makes the entire process easier when you want to apply for a short term loan in future.
Apply for the exact amount you need
In order to ensure that your credit profile is always in good terms with the National Credit Act, you must never apply for an amount that is way beyond the amount that you actually requested when you applied on the loan application. Even if you find that you qualify for a larger amount, stick to the amount that you needed in the first place.
This is where financial maturity and discipline comes in; you need to be able to always differentiate between a need and a want.
Eligibility & Requirements
- Employed full-time
- Proof of address
Other Products & Services
- Short Term Loans
Customer Reviews & Testimonials
Lamna made my short term application short, easy and convenient.
— Port Elizabeth —
Without the help of the Lamna short term loan, I don’t know what I would have done.
— Benoni —
Within a few minutes, I was already informed of the status of my loan application.
— Johannesburg —