Do you live in South Africa and need a loan from a loan shark in Pretoria? Well, there are many loan sharks that I can trust in Pretoria, they offer moderate interest rates for mashonisa loans in Pretoria 2022.
One of the main benefits is that these loan sharks in Pretoria also render online loans for debt review clients including other standard personnel in South Africa.
To find a suitable loan shark business, get a Pretoria loan finder and input the loans shark near me text into the search box. Furthermore, this article would outline the list of loan shark private lenders offering no credit check loans guaranteed approval in South Africa.
Here in this article, I would be outlining the 20 best online loan sharks in Pretoria that provide loans for debt review clients in Pretoria with no upfront fees in 2022.
To know how to get loans for debt review client
Table of Contents
What is a loan shark practice in Pretoria
Loan sharks are unapproved loan lenders whose main aim is to make a lot of profit and forcefully collect a debt from clients through harassment or threat.
Loan shark practice can be illegal in some countries. Although they tend to help debt review clients who would not be granted loans in any legal financial aid office that is registered under the NCR or other financial organization in Pretoria.
What’s another name for a loan shark
Loan sharks can also be referred to as mashonisa loans in Pretoria. Mashonisa is an unlicensed, illegal lender that doesn’t abide by the National Credit Act (NCA). They provide loans without the need for paperwork. Therefore, you are exempt from submitting pay stubs as proof of income.
To learn more about loan sharks in south africa
Who uses loan shark in Pretoria
People who use loan sharks in Pretoria are mostly banned by the legal loan bureau. They lend money mostly to people under debt review and forcefully collect the money back with harassment or threatening the client.
Are loan sharks illegal? Yes, they are banned, loan shark practice is illegal because of the high-interest rate that is being applied by them. However, many people still turn to loan sharks when they need money, despite the outrageously high-interest rates.
How much do loan sharks give and what happens if you don’t pay off your loan
No fixed amount of money is being allocated to a person. They render loan loans based on the borrower’s capacity to repay. Since they aim to maximize profit, they don’t care about the exact amount you collect.
In most cases, private loan sharks in Pretoria would only loan you a maximum fee of R5000. and if you don’t repay on time, you’ll either get multiple spam emails, calls of threat, or harassment.
Since loan sharks don’t have the right to take you to court, they’ll look for hazardous ways to get their money back.
Below are my super picks for the best online loan shark in Pretoria that offer mashonisa loans for debt review clients in Pretoria
To know how to get easy pay sassa loans
20 best Mashonisa loan shark in Pretoria, South Africa
1.Letsatsi Finance and Loan
Letsatsi is one of the best loan providers located in Pretoria, South Africa. They offer payday loans to people who are in debt and doest apply high-interest rates. Their rate is moderate and affordable; they also offer short and long-term loans to customers who are deemed fit for such loans.
To apply, visit its website, click on the registration button, Submit all your details then wait for the approval.
Letsatsi loan contact details:
Website: letsatsifinance.co.za/
Contact: 011 802 4073 / 0860 992 998
Email: info@letsatsifinance.co.za
Location: Between Pretorius Street And Schoeman Street, 284 B Paul Kruger St, Pretoria Central, Pretoria, 0002, South Africa
You can also get loans from Ithemba NOW!
2. Kamela Quick Cash Loans
Kamela Quick Cash Loans is one of the best loan shark providers in Pretoria sunnyside. You can apply and enjoy easy loan approval but you’ll have to provide 3 bank statements, a payslip, and your ID during the verification period.
Kamela Quick Cash Loans contact details
Website: Not Disclosed
Contact: +27 12 341 0706
Email: Not Disclosed
Location: 211 Robert Sobukwe St, Sunnyside
Pretoria, 0002, South Africa
3. Mega Stores Cash Loans
Mega Stores is located at 557 Pretoria Rd, Silverton, Pretoria, South Africa. Mega Stores only offer cash loan service and payment can be run within 3 months
Mega Stores contact details
Website: https://bit.ly/3cebyi3
Contact: 012 804 3298
Email: Not available
Location: 557 Pretoria Rd, Silverton, Pretoria, South Africa
4. Bridge loans
The bridge is a loan agency in Pretoria, offering both cash loans, Online loans, and payday loans to its customers. Their approval rate is fast, meaning you’ll be able to get your loan within 24 hours of application if you’re eligible.
Bridge loans contact details
Website: bridge.co.za
Contact: 087 285 0341
Email: info@bridge.co.za
Location: Shop 11, The Tramshed, 268 Schoeman St, Pretoria Central, Pretoria, 0001, South Africa
5. Xcelsior Loans
Here’s one of the best loan agencies in Pretoria north. They offer cash in 39 minutes of approval ranging from short-term loans to long-term loans.
A simple and paperless application process allows you to make requests and get approved in 30 minutes. Upon approval, your cash would be disbursed or made via EFT allowing you immediate access to the funds you need urgently
Xcelsior contact details Pretoria
Website: xcelsiorloans.co.za
Contact: +27 (0)12 997 3946
Email: info@xcelsiorloans.co.za
Location: Marumati Building, Cnr Frederika St and 18th Ave, Rietfontein, Pretoria
6. Bathokoa Finance Services
Bathokoa boasts of being of the best in offering financial aid to clients under debt review. You can apply for loans ranging from R500 – R25,000.
The organization is located at 291 Thabo Sehume St, Pretoria Central, Pretoria, 0002, South Africa. They provide quick loans to individuals who are willing to accept their terms and conditions.
Bathokoa loans contact details
Website: Not available
Contact: 0786873041
Email: Not available
Location: 291 Thabo Sehume St, Pretoria Central, Pretoria, 0002, South Africa.
7. Thabo Cash Loans Pretoria
Thabo is a loan shark that you can trust in Pretoria. You can get mashonisa online if you apply and meet their requirements.
They have been in the finance industry for seven years offering loans to their clients. They are located in Silverton Forum, 486 Pretoria Rd, Silverton, Pretoria, 0001, South Africa.
8. Isidingo Financial Services
Isidingo offers both financial advice and also grants loans to people under debt review in Pretoria. They offer short-term loans with fast approval and they are located at 4 Sunny Park Ctr, Esselen St, Sunnyside, Gauteng, 0002, South Africa
The city of Pretoria.
9. Makanda Finance
You can apply for a Mashonisa loan online via your cell phone on the Makanda Finance website and you can get a loan of up to R5000.
Makanda is a private loan company in Pretoria, with a convenient and easy online application process. To apply, visit its website and register. If you’re Under debt review and need a loan urgently, you can visit them or speak with their customer care representative.
Do I have to pay back a loan shark: The right thing to do is to pay off your debts, but sometimes that takes time. Because you’ve had some bad luck and your credit report isn’t perfect, they won’t punish you. They check your payment history by looking at your credit report and bank statements for a recent history of repayment and affordability.
Makanda Finance contact details
Website: makandafinance.co.za
Contact: +27 12 111 7078
Email: Info@makandafimance.co.za
Location: 725 Shop 3 Unipark, Arcadia Street, Arcadia, Pretoria, 0083, South Africa
10. Phumelela Cash Loans Pretoria
Phumelela Cash Loans is a King Williams Town cash loan provider. Emergencies and unforeseen events can occur, and Phumelela Cash Loans is here to help.
The phumelela cash loan is located at 264 Steve Biko Rd, Gezina, Pretoria, 0031, South Africa which is temporarily closed now. To get a loan put a call through its customer care contact details and request a loan via your phone.
11. Easy Money Cash Loans
Easy money derives its name from Sassa loans. They boast of granting loans to all South African citizens in the last few years of existence.
They offer both cash loans and online loans and one could get up to R5000 and a repayment plan is under 60 days and a maximum of 120 days.
Easy money cash loans Pretoria contact details
Website: easymoneycashloans.co.za
Contact: (+27-31) 2013063
Email: yvonne@easymoneycashloans.co.za
Location: No. 89 Umbilo road Durban
12. Capital Finance Cash Loans
Capital finance is one of the online loan sharks in South Africa. You can get up to R10,000 cash loan and they are located in Pretoria CBD. When registering, submit a payslip, ID, and bank statement and your loan will surely be approved.
Location: Finpark, 222 Francis Baard St, CBD, Closed, 0001, South Africa
13. Comrade Cash Loans
Comrade Cash Loans Pretoria is located at 400 Johannes Ramokhoase St, Pretoria Central, Pretoria, 0002, South Africa. Comrade offers both offline and online services to customers who need cash loans.
Their repayment plan is acquirable, you can get up to R5000 loans and repay within 3 months. The phone number for Comrade Cash Loans is 012 328 3189
14. WEN Cash Loans Pretoria
WEN cash loans offer loans to blacklisted clients in Pretoria. Wen Cash Loans is a personal and payday loan provider. You can get the cash advance you need with a fast and easy payday loan or salary advance loan. Then by the end of the month, you’ll pay it back.
Wen Cash Loans contact details
Website: wencashloan.co.za
Contact: You can contact the company at +27 61 423 6677
Email: info@wencashloan.co.za
Location: 3915 Algeria Rd, Tswelopele, Tembisa, 1629, South Africa
15. Mega Financial Services Pretoria
Mega financial services is a cash loan provider that offers flexible Instalments and fast application cash loans. Their approval rate is fast and you don’t need to submit collateral.
To apply, contact the company’s customer number, follow all procedures and your loans would be approved within 24 hours if your information is deemed fit.
It is located between ABSA & FNB Bank, Silverton, Pretoria, 0184, South Africa and the phone number is +27 12 804 0935.
16. Starbright Auctioneers (Cash Loans)
Starbright auctioneers offer cash loans to most people who are interested in autos. If you’re interested in buying a car and you’re out of fun, Starbright would loan you a certain amount and you can pay according to your agreement.
Furthermore, they quickly provide you with cash. They make a loan against your car. You leave your car in their vare, and when you pay off the loan, you get your car back. They make loans ranging from R5,000 to R50,000. They only charge a 5% interest rate. They accept checks and electronic funds transfers.
Starbright is located at 359 Paul Kruger St, Capital Park, Pretoria, 0084, South Africa. You can contact them at +27 12 326 0286.
17. Come all loan
When you are looking for fast cash and instant cash loans, a company that comes to mind is the Come All Loan company. Through this company, you will be able to access cash in no time.
To apply, call its customer service number and provide your information to continue the process. If your loan is approved, you will be contacted after some time. Come All Loan contact details is +27 12 321 0481.
18. Omni Loans
Omni Loan is one of the best mashonisa loans in Pretoria. They offer payday and cash loans to clients. If you’re looking for a reputable loan shark in Pretoria, then go for Omni Loans. You can also make loans through your cell phone.
They are located in Alphan Building, 241 Thabo Sehume St, Pretoria Central, Pretoria, 0001, South Africa, and its contact details are +27 12 320 7847.
19. Hi-cash
Hi-cash Pretoria offers online loans for debt review clients in South Africa.
Hi Cash is a credit provider that works to help you get loans when you need them.
To apply, go to its website and fill out the application form. Cash Payday loans and Asset lending are the loans available. Cash payday loans start at a reasonable R500 and can go up to R10,000. The loan amount for asset lending can reach R100 000.
As previously stated, no credit checks are performed. The loan, however, is secured by something. As a form of security for the loan, you must have collateral.
Hi-cash Loans contact details
Website: www.hicash.co.za/
Phone number: 079 853 1452
Email: Not available
20. Dumela Cash Loans
Dumela Cash Loans is one of the best loan sharks that I can trust in Pretoria Silverton. They offer short-term financial aid for working individuals, pensioners, and SASSA grant receivers.
If you need a loan you will need to submit 3 months’ bank statements and payslips.
They only offer short-term loans on a small amount and cannot assist you if you are under debt review. In addition, your ID Number will be requested to do a credit check.
Dumela Cash Loans contact details
Website: dumela-cash-loans.business.site/
Contact: 012 327 1812
Email: dumelastamps@gmail.com
Location: 101c Charlotte Maxeke street
Pretoria West
Important Notices: Evey loan organization might not offer you a loan if you’re under debt review. All loans that I have mentioned are just under my opinion and research. I might be out of touch with these companies.
See how to start a loan shark business in south africa
Conclusion
Not all unregistered loan companies are deemed to be loan sharks. most of them operate on the legal ground and would not impose high-interest rates on you.
This is just my personal opinion and none of these loan companies in Pretoria has paid me any money to write about them. So when choosing one you think fits you the most, don’t forget to do the necessary research on them too.
This is all I know about the best loan sharks in Pretoria in 2022. Do you have any additional questions? you’re free to ask me in the comment section below.
To read more about getting loans, you can go to the homepage or click on RANDOMTALKS
