mazumaloans

Roeland Square Gardens 8001 Cape Town,
Phone:
easy loans
payday loans

Payday Loans

  • Borrow up to R3,000
  • Same day approval
  • Money in your account within an hour
short-term loans

Short Term Loans

  • Borrow up to R8,000
  • Same day approval
  • Money in your account in 24 hours
medium term loans

Medium Term Loans

  • Borrow up to R20,000
  • Quick and easy process
  • Minimal documentation required
  • Quick access to funds
long term loans

Long Term Loans

  • Borrow up to R200,000
  • Quick and easy process
  • Minimal documentation required
  • Quick access to funds

Representative Example

As an example, if you borrow R15,000 over 15 months at a fixed rate of 28% per annum and a fee of R68.40 per month and initiation fee of R1,197 this would result in a representative rate of 68% APR (fixed). The total amount repayable would be R22,717

Please note: we are NOT a lender - we are a loan broker working with the most reputable direct lenders in the market place to find you a loan. Our FREE service compares a wide range of lenders quickly, and finds you a lender that may be willing to lend to you today. Some lenders or brokers on our panel may charge you a fee to process your application.

Rates from 20% APR to 112% APR - we provide a no obligation loan searching service, your APR will be based on your personal circumstances. Loan repayment terms from 3 to 60 months.



Quick & Easy Application Process
urgent loans online application
Simple online application
Get a rapid decision
Money in your account
within an hour*

MazumaLoans does not charge any fees whatsoever. If you are contacted by anyone saying they are calling from MazumaLoans requesting you pay them money, you should immediately report this to us as well as to www.scambuster.co.za as we are aware that there is currently a scam using the MazumaLoans brand. This has nothing to do with our company.

Why choose us?

  • High approval rate
  • Instant decision (on certain loans)
  • Apply 24/7
  • Trusted lenders
  • Secure website
  • Expert experience
  • Best service

Loans for anyone

  • Black listed no problem
  • No paperwork (on certain loans)
  • Option to settle early
  • Repay over a period to suit you
  • Cash immediately in your account

Customer Satisfaction

customer satisfaction

"Such a great service…you helped me to get a loan with no effort at all. Thank you!"

Sarah Cooper



"All other banks declined my loan application but you guys managed to find a lender that approved my loan immediately"

Thenus Coetzee



"I was struggling to get money to fix my house, I was so worried. Thank you to mazuma loans I got my loan approved. I am so happy now."

Virginia Nwosu

Please consider the following important information

To avoid adverse action on non-payments - on collection practices

If you have received approval and funds for your loan, and then subsequently due to unforeseen implications you reconsider your decision on accepting the loan, or paying it back, and feel you are definitely unable to meet your agreed repayment for your loan, or any piece thereof, you should consider contacting your loan service provider immediately, and directly.

By contacting your loan service provider directly and immediately in the event of your possible non-payment, you will give yourself good time and opportunity to consider rescheduling or choosing other options for your repayment of the loan. This will assist in helping to avoid any unnecessary adverse action being brought against you.

By choosing other options or considering to reschedule your repayments with your loan service provider, may incur (contractually) agreed upon additional costs and/or interest. In this event, you need to directly discuss this with your loan service provider. Not making, or attempting to make contact with your loan service provider, and not updating them about your circumstance or your decision to make changes, due to you having decided that repayment is too difficult to make, or for whatever other reason, your loan service provider reserves the full right to take your case, and your case details, to a third party loan/debt collector, organisation or agency, who will then attempt to try and recover your outstanding loan repayments debt.

Loan service providers do reserve the right to decide to use a “Continuous Payment Authority” in order to repeatedly attempt to solicit payment from your bank account - up until 90 days - over your contractually agreed upon date. An attempt of this kind may only be done if it is stipulated in your loan term agreement.

To avoid the implications of non-payment

It’s important that you try to avoid implications of non-payment for your loan repayment, as these could include adverse non-payment details that get incorporated into your credit report. This could negatively affect your future attempts to obtain a loan, as well as other financial loans you may want to consider undertaking, not to mention, you may be charged additional charges upon your loan by your loan service provider.

If you miss a payment, your loan service provider will try to contact you, usually directly, in writing or by phone, to try and recover the funds, and potentially to discuss the possible repayment options and dates that would suit you. If you know that you definitely cannot meet the requirement of repayment agreed upon, or if you know there is going to be a repayment problem in future, it is highly recommend that you contact your loan service provider timely.

To consider important details and for remembering

If you know that you are unable to commit to a repayment on a loan, it is highly advisable to not to apply for one at all Consider contacting your loan service provider timely if you have any doubt or knowledge that you will not meet your payment date, or that you will not be able to pay the loan back at all
In order to avoid being reported to the “Credit Reference Agency” by your loan service provider for non-payment or late payment of your loan, or for not complying to your agreed upon date of payment, between yourself and your loan service provider, in order to not have a negative effect on your overall credit score you should repay your loan on the date agreed upon. A negative impact on your credit score from an unpaid loan can hinder your process for further loan applications (i.e. to apply for financing of home loans, car finance or even cell phones, etc.) Defaulting payment comes with a charge for collection (this charge/fee will vary from loan service provider to provider,) and your loan service provider may even charge you interest on the balance that is due, usually at a the cost agreed upon in your loan agreement terms.

In addition to this, you will need to pay your loan servicer provider all costs incurred to their undertaking to try and enforce or even the steps needed to take to enforce collection, such as - via a - Court Judgement. Your loan service provider has this right to do this, as under your agreement signed.

To consider the Renewal Policy for your loan

Your loan service provider may offer you a renewal of your loan, at any stage of your agreement. If you do wish to have an additional or renewed loan with your loan service provider, you may directly contact them. Loan service providers can charge you the same or new rate for the loans, especially if they consider you to be a good payee and have successfully repaid your loan on previous occasions. Please remember, it is the duty of a loan service provider to check and make sure you can afford the loan and its repayments.

if you plan on renewing or taking out additional loans, you need to do this with the full understanding, knowledge and consideration of costs involved, at any point in time.

Please be aware that late or non-payments can and will result in more interest and unwanted costs on top of your loan.

Remember, non-payment or late payments can result in further interest and unwanted costs to your loan amount or account.

© MazumaLoans.co.za. All rights reserved.

CAB Partners

Roeland Square

Gardens, Cape Town, South Africa

8001

We accept
master-card & Visa

CHECK YOUR CREDIT SCORE

  • Get a copy of your Latest Credit Report from 3 of SA's biggest Credit Bureaus
  • Check if you are likely to get your finance approved

MazumaLoans.co.za is a trading name of CAB Partners, a Company registered in South Africa. All finance options are subject to relevant credit checks and personal circumstances. To apply, you must be 18 years or older. Please carefully read the terms and conditions before applying. MazumaLoans.co.za introduces customers to various lenders, and may obtain a commission payment for these introductions.