Be financially free. Get a personal loan up to R150,000.
MegaFin is an online loan brokerage with decades of combined experience in South Africa's credit industry. We match your application against our panel of NCR-registered lenders, so you don't have to shop around.
Estimate your repayment
Drag the sliders to see an indicative monthly repayment.
Estimate only, based on a representative annual percentage rate of 28% plus a monthly service fee of R68.40. Your actual rate depends on the loan amount, term, and your credit profile.
What we offer
Every application is matched against multiple lenders, so you get terms suited to your situation, not a one-size-fits-all rate.
Competitive interest rates
We shop your application across our lender panel to find rates suited to your profile.
Fixed monthly repayments
Know exactly what leaves your account each month for the full term of the loan.
Hassle-free application
Apply online in minutes — no branch visits, no paperwork mountain.
Flexible repayment terms
Choose a term between 12 and 60 months to suit your budget.
A panel of lenders
One application, checked against several NCR-registered lenders.
Funds paid to your account
Approved funds are paid by electronic transfer — never in cash.
No upfront fees
You only pay once your loan has been processed and paid out. Before that happens, we confirm your details via Debicheck, which also verifies your banking details and helps speed up the process.
Applying for a loan — what you should know
All lenders on our panel are registered with the National Credit Regulator (NCR). Here is what that means for you.
Loan terms
Minimum loan period 12 months, maximum loan period 60 months, at a maximum annual percentage rate (APR) of 32%. Representative example: loan amount R100,000, APR 28%, monthly service fee R68.40, monthly repayment R4,558. The rate you're offered depends on the loan amount, term and your credit profile.
If a debit order fails
Fees may apply if your monthly debit order is unsuccessful due to insufficient funds, or because you changed bank accounts without telling your lender. Your lender will try to contact you to resolve this before it escalates.
What happens if it's not resolved
If contact can't be made or the issue can't be resolved, the matter may be handed to internal collections and, if necessary, an external collections company or attorney. This increases fees and interest, and can significantly harm your credit score, making it harder to access credit in future.
Renewals
If you stay up to date with repayments, you may qualify for a further loan. You'll need to apply again, and the lender will reassess your profile and affordability under NCR rules before approving it.
We assist clients nationwide
Wherever you are in South Africa, you can apply online. Here's what you'll need.
To qualify
- Between 18 and 65 years old
- A permanent South African resident
- Permanently employed
- Salary paid directly into your bank account
- Your latest payslip or proof of income
- Proof of home address (no older than 3 months)
- Your last 3 months' bank statements
Improve your credit score
- Make monthly payments on time
- Don't miss credit card payments
- Pay outstanding balances in full where possible
- Avoid court judgments for late or non-payment
- Notify creditors immediately if you can't pay
- Avoid taking on further credit while paying off debt