About Hoopla Loans
Hoopla Loans is a trustworthy and reliable online loan broker. They work hard to deliver the best results and are among South Africa’s fastest-growing online loan brokers.
Loans that meet you halfway
They can help you secure a payday loan, a medium-term loan, or a personal long term loan. All of these loans come with flexible payment terms and competitive interest rates to perfectly match your financial needs and budget.
A panel of South Africa’s most trusted lenders
Because Hoopla Loans isn’t a lender but works as an online broker, your loan application is submitted to many different lenders in South Africa. Within seconds of your application being received, these lenders will review it and make you an offer. This increases your chance of being approved for a quick loan.
What are your chances of being approved?
You have an 84% chance of being approved if you apply for a payday loan through Hoopla Loans.
Cash could be in your bank account in just a few hours, and they can even assist if you have a bad credit record.
Bear in mind that you may have to pay a higher interest rate or only be able to access a set loan amount should you have poor credit.
What Hoopla Loans can offer you
Hoopla Loans is dedicated to helping South Africans find the most suitable payday loans for their needs - and their pockets!
Whether you’re taking out a loan for the first time or have a bad credit record, this broker will help you find something suitable.
Are Hoopla’s services free?
Yes! As a broker, Hoopla Loans will not charge you a single cent when you apply for a short-term loan through them. They may receive a commission from the lender once you’ve been approved, but this will not affect the cost of your loan.
Up to R8,000 - ready, set, go!
Hoopla Loans can help you source a range of payday loans from a handful of trusted lenders. These lenders offer amounts ranging from as little as R100 to as much as R8,000.
While this may seem like small amounts, payday loans can be pricey and, Hoopla advises that you only seek out a loan if you have no other options.
Other loans offered by Hoopla
- Personal loans from R8,001 to R20,000 with repayment terms ranging from 6 to 24 months
- Long term loans from R20,001 to R250,000 with up to 60 months to repay
Hoopla Loans Product Details
- Loan Type Payday loans
- Loan Amount up to R8,000
- Repayment 1 month to 6 months
Simple to qualify, quick to apply!
Hoopla has made it easy for you to determine if you qualify for a loan and even easier to complete the application process.
Whether it’s a Sunday morning or mid-week, you can apply for a loan and gather a handful of competitive offers. Forget tirelessly searching the internet and completing multiple applications - with Hoopla that’s all a thing of the past!
How long will it take?
It will take anything from a few minutes to a few hours to receive a comprehensive range of payday loan offers from Hoopla’s panel of lenders. Once you’ve received these and reviewed them to ensure you pick the best fit, you can then make a formal application and loan contract with the specific lender.
This lender’s responsibility is to ensure affordability, run a credit check, and make sure you meet all their requirements. It’s also important to stay in touch with your lender and let them know if you have any trouble or cannot make the agreed repayments on time.
To apply for a loan, you must:
- Be 18 years or older
- Be a South African citizen or permanent resident
- Be employed and earning a stable income of R5,000 or more per month
- You'll also have to agree to a credit check and ensure that you are not currently under debt review.
Also, if you’ve recently started a new job, are still under probation or have recently moved, all lenders may not approve you.
You may also be able to repay your loan before the due date without paying the penalty. It’s recommended that you check with the specific lender individually to determine their policies on early repayment.
Suppose you’re ready to apply for a loan, great! Go ahead and visit Hoopla’s website and begin your online loan application - once you get approved, you’ll be glad you did!
Customer Reviews & Testimonials
I had a great experience with Hoopla, got more offers than I expected and got a great offer!
— Cape Town —
Just when I thought that no one would help, Hoopla managed to get me more than 1 offer - they’re great and I’d recommend them to anyone struggling to find a loan.
— Pretoria —
The application was quick and painless, and I got a couple of good offers in just minutes. Great service.
— East London —
Hoopla Loans Contact Details
- Office 2 Manhattan Corner, Century Way, Century City, Milnerton Cape Town Western Cape Western Cape South Africa
- Get Directions
- Monday 08:00 – 17:00
- Tuesday 08:00 – 17:00
- Wednesday 08:00 – 17:00
- Thursday 08:00 – 17:00
- Friday 08:00 – 17:00
- Saturday 09:00 – 13:00
- Sunday – Closed