Personal Loans up to R 150 000.
021 202 1679| queries@pickaloan.co.za
How does the process work?
Simply complete the online application form. From there we will match your profile with credit providers on our panel of credit providers and sent your loan request through for evaluation.
How long does the process take?
The time frame does vary from provider to provider, but should any provider be willing to assist you, you should receive correspondence from them within five (5) business days.
What are the minimum requirements?
Each of our credit providers do have different requirements, however a general set of rerquirements are;
  • You need to be between the ages of 18 and 65.
  • You need to be employed at your current employer for a minimum of three (3) months.
  • You need to earn a gross salary of R3,000 monthly.
  • You need to have your own bank account where your salary is paid into.
Additionallly, credit providers may refuse to accept or process applicants that;
  • Are currently under Debt Review, Debt Administration or Debt Counseling.
  • Have outstanding Defaults or Judgements against them.
  • Are in arrears with any of their accounts.
Lastly, approval for a personal loan is subject to the discretion of the credit provider.
Do you perform credit checks?
Yes, all of our credit providers perform both credit and affordability checks.
What amount do I qualify for?
Unfortunately we cannot give a preliminary or provisional offer up front. Should a credit provider be willing to assist you with a personal loan they will present you with a loan offer.
Am I guarenteed approval for a personal loan?
Unfortunately no one is guarenteed to receive a personal loan through any of our providers. Even if your credit profile is in good standing, it is up to discretion of the credit provider whether they want to assist you with a personal loan.
What are your terms and repayment terms?
Each credit provider has their own terms and your repayment terms are determined should you be provided a loan offer. At this point the credit provider will provide you with the relevant information.
Am I obligated to accept a loan offer?
No, if you are not happy with the terms or repayment terms you are not obligated to accept the personal loan offer.
Where did you receive my information from?
We do not purchase leads or cold-call anyone for their information. All leads on our system is either done directly through our site or through an affiliate link. When we receive an applicants information an email is sent to them identifying the source of the lead.
Do you charge any fees?
No, we do not charge any fees even if you accept a loan offer from a credit provider. Our service is 100% completely free of charge.

Unfortunately should you have applied with a third party that referred your application to us that charges any fees you should direct your query to them as we cannot assist with service fees queries for third parties.