Get pre-qualified Personal Loan quotes in minutes from a range of providers.
Compare personal loans in a few easy steps
A Personal Loan can help you out of a tough spot or give you the cash injection you need to make your dreams come true. Hippo.co.za is here to help you get the best Personal Loans deal.
Start your Personal Loan quote here
ID number
By inserting your ID and clicking “Continue” you consent to Hippo processing your personal information in order to provide the services and you accept our Terms of Use. Processing includes sharing your information with a registered credit bureau. The information will only be used to simplify the quote process and does not impact your credit rating. Prepopulated information displayed is retrieved from the credit bureau directly.Continue
2 Mins is all you need
to complete this form and compare personal loan offerings side by side.
The site is secured
using a Entrust digital certificate so all information will be encrypted.
No upfront fees
none of our providers will charge a upfront fee before paying out a loan.
What is a personal loan?
A Personal Loan is generally associated with an unsecured loan. It’s a useful way to access cash for an emergency, home improvements, or leisure activities like weddings and holidays.
Loans can range between R1,000 and R350,000 and repayment periods can vary from 7 (minimum) to 12 months, up to a maximum of 72 months. Repayments are typically (but not always) calculated at 27,25% interest per annum. Only once you have applied for and received a loan, will you need to start paying back in monthly instalments over your chosen period.
Why compare Personal Loans?
Simple: comparing your options is the easiest way to find a loan offer that you can afford, from the loan amount to the repayment period and the interest. You can find different offers from different loan providers, so comparing before signing on the dotted line is the responsible thing to do.
How to apply for a Personal Loan online.
Applying for a loan online is easy with Hippo.co.za. Simply enter your ID number above and we’ll pull the necessary information for your application. Then you’ll provide a few details about the Personal Loan amount you need, and we’ll find a range of offers from leading loan providers in South Africa.
How do I qualify for a Personal Loan?
Loan providers look at your credit score to help them decide whether to approve your application for a loan. A good credit score means you’re more likely to repay your debt on time, while a bad credit score shows that you’ve struggled with repayments in the past.
Don’t know your credit score? You can check it by applying for a Credit Report, which is available to you for free once a year. Check your credit score regularly to find out if you need to make changes to your money habits when it comes to debt and credit. It can also reveal if you’ve been a victim of fraud or identity theft if the numbers don’t add up.
What documents do I need to provide to get a Personal Loan?
Once you’ve settled on a loan that you can afford, you’d need to submit these documents:
- Copy of your valid South African ID.
- Proof of residence.
- 3 months’ banks statements or payslips.
You’ll only need that documentation when you apply for the loan. If you’re just comparing offers, you won’t have to worry about paperwork… yet.