Loans

Hoopla Loans: all you need to apply

Hoopla Loans is an excellent option to consider if you're searching for a safe, secure loan source. Flexible rates and terms! Apply Hoopla Loans today!

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Borrow up to R250,000 over flexible rates!

Hoopla Loans logo
Hoopla Loans: all you need to apply. Source: Ok Save Money

This lender is an excellent option if you’re searching for a safe, secure loan source. Check here how to apply for Hoopla Loans!

card

Personal Loan

Hoopla

Online Fast and Simple

Up to R250,000 for several purposes!

You will be redirected to another website

Indeed, they offer flexible rates and repayment options! Do you want to learn more? So check now how to apply for Hoopla Loans!

Apply for the loan: Online

Hoopla Loans is a service in South Africa that helps people find loans that fit their needs. They look at different lenders so that you don’t have to.

They deal with Payday and personal loans and don’t charge any fees for what they do. To apply for Hoopla Loans, access their official website.

While applying, you must first fill in how much you would like to borrow. Then, you can fill in your details, such as name, email, and phone number.

Further, you will be asked for your address details. Lastly, Hoopla asks you about your monthly income. Submit it, and it’s done.

Do not be worried: although requiring some personal info, Hoopla loans do not need your banking details.

Hoopla Loans or Boodle Loans?

Smiling young African guy standing at colorful wall outdoors using cell phone.
Hoopla Loans or Boodle Loans? Compare your options. Source: Adobe Stock

It is important to note that Hoopla Loans is not a traditional lending institution before you decide if you want to apply for it.

As a broker for borrowers seeking loans in South Africa, they connect borrowers with a network of NCR-approved direct lenders.

On the other hand, Boodle Loans is a licensed South African microlender that strictly follows the country’s National Credit Act.

Furthermore, their online loan application process is designed to be simple.

So below, we’ve compared the services offered between Hoopla Loans and Boodle Loans!

Hoopla LoansBoodle Loans
Interest Rate Personalized rates according to your needs and requirements;0.17% per day, 60% annually;
Loan PurposeDebit consolidation, large purchases, home improvements, car repairs, and more;Payday loans only for any purpose;
Loan AmountsFrom R100 to R250,000;You can borrow up to R8,000;
Repayment TermUp to 60 months;2 days up to 6 months;
Initiation FeeDepends on the lender.15% VAT for amounts below R1,000.00;
R165 + 10% of the requested amount + 15% VAT for above R1,000.00.

Do you want to learn more about Boodle Loans? Then keep reading and learn how to apply for this lender!

Boodle Loans logo

Boodle Loans: all you need to apply

Check how to apply for Boodle Loans! Borrow up to R8,000 and receive it within 10 minutes! Enjoy a hassle-free application process!

About the author  /  Giovanna Klein

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