Rating based on 16 reviews

Loans for Bad Credit offered by Low Budget Loans

Low Budget Loans banner
image of Low Budget Loans

Low Budget Loans is a registered credit provider with South Africa’s National Credit Regulator: NCRCP4858

About Low Budget Loans

Low Budget Loans has over 12 years of experience in the South African online lending industry.

We're a registered lender and take pride in offering our customers a transparent, flexible and reliable range of short-term loans - 100% online.

Building long-term relationships

We endeavor to build and sustain long term relationships with our customers by being transparent from the start and keeping the lines of communication wide open and, once you've successfully repaid your quick loan once, you can then apply for a bigger loan the next time.

What Low Budget Loans can offer you

At Low Budget Loans we offer small fast cash loans that range from R 1,000.00 to R 3,000.00 to South Africans who need cash quickly and have no intention to wait in a long queue at the bank to get it.

If you want to see how much a loan will cost you - visit our site and use our handy loan calculator.

Transparency and flexibility

At Low Budget Loans we offer transparent short term micro-loans that you can repay in up to three to 6 equal installments - which means that you'll get a lower repayment amount that will fit right in with your budget.

Interest Rate

From 0 %

Loan Amount



Repayment Term

0 days

0 months

Here’s a short video about Low Budget Loans

In a Nutshell

  •  Average processing time 30 minutes
  •  Online application
  •  Unsecured loan option
  •  Bad credit consideration
  •  Early repayment

Whether you have a Tablet, Smartphone or personal computer you can get the finance you need at your earliest convenience.

As an online lender, our business is all about helping you get an emergency bad credit cash loan quickly and easily so, we can have the funds on their way to you in just hours.

Our loan features

Our small personal loans are not designed to be used as a long-term solution to cash flow problems - they are ideal only for emergencies and must be used with extreme caution. In line with the Financial Conduct Authorities rules, we will never charge you more than 60% interest per annum.

Get your loan today

If you need a quick loan - Low Budget Loans are ready to process your request and transfer the cash to your bank account. To apply simply visit our website and click on the "apply for a loan" button which will direct you to our simple, 5-minute online loan application form.

Bad credit does not have to be a thorn in your shoe

For many people, bad credit remains a problem when applying for finance. So many lenders and financial institutions turn individuals away based solely on a number. Often those that need credit the most are the ones who are refused it. For this exact reason, we are here to help you get the cash you deserve with minimal hassle. We do not discriminate based on credit rating but rather consider applicants based on their affordability for the loan. Apply today – you will not regret it.

Small loans with a long-term impact

If you find yourself in a financial pickle a short-term loan is the obvious choice for financial relief. Short-term loans are perfect for avoiding long-term debt traps while giving you room to breathe. The best part is that you are able to improve your financial position with one of our little loans. If you are able to meet your entire repayment obligation without missing any payments then you stand to improve your credit score by the end of the loan term. This will allow you to access larger borrowing amounts at more reasonable interest rates. Make the right decision for your future today.

Eligibility & Requirements

  •  Employed full-time
  •  Credit check
  •  Recent pay slips
  •  Bank statements
  •  Proof of address

Other Products & Services

  • PERSONAL Loans
  • STUDENT Loans
  • DEBT Consolidation Loans

Customer Reviews & Testimonials

February 2019

A fast application that can be completed from the comfort of my home; the simplicity I never knew that I needed but welcome with open arms!

Alizwa Q
— New Brighton —

April 2019

Little loans with a kick; a fair, competitive and affordable loan that helped me to get back on track. Thank you Low Budget Loans!

Andre D
— Johannesburg —

 Find us here

Postal Address

Postnet Suite 397 Private Bag x10, Elardus Park, 0047, South Africa

 Opening hours

  • Monday 08:00 – 16:30
  • Tuesday 08:00 – 16:30
  • Wednesday 08:00 – 16:30
  • Thursday 08:00 – 16:30
  • Friday 08:00 – 16:30
  • Saturday – Closed
  • Sunday – Closed

 Get in contact

Similar Lenders offering Loans for Bad Credit

Izwe Loans

Izwe Loans

  • Interest from 27.75%
  • Loans up to R50,000
  • Term up to 60 months
View More
Loans Inc

Loans Inc

  • Interest from 25%
  • Loans up to R50,000
  • Term up to 60 months
View More
SA Cash Loans

SA Cash Loans

  • Interest from 23%
  • Loans up to R150,000
  • Term up to 60 months
View More
Finance Wizzard

Finance Wizzard