Hoopla Loans was founded in 2017 and is one of South Africa’s fastest growing online loan brokers. It is important to note that that Hoopla Loans is not a lender. They provide an online brokerage service that acts between the individual and the loan lender. They do this by providing a simple online loan application form which can be used to access multiple different lenders in South Africa. Hoopla loans earn a commission / brokerage fee for this service.
Hoopla Loans provider brokerage for Payday Loans, Personal Loans Short Term and Long Term Loans. all with flexible payment terms, and competitive interest rates to match your exact budget.
Benefits of Hoopla Loans:
- Very easy approval
- Bad credit applicants considered
- Instant decision
- Money paid into your account today
- 100% free to apply
- Safe and secure application process
- Borrow R100 – R250,000 for any purpose
Hoopla Loans Eligibility
In order to be eligible to apply for a loan via Hoopla you should meet the below loan requirements:
- You must be at least 18 years of age
- South African Citizen or Resident with ID number
- You must be in permanent employment
- You should earn a monthly income of at least R4,000
- You should not be currently under debt review
- You must agree to a credit check
Application Process
There is an easy four step process to get your loan using Hoopla Loans.
- Complete the information on the online application found here: https://www.hooplaloans.co.za/apply
- Your application is sent to multiple lenders for instant review. You will review a message instantly to tell you if you’ve been approved.
- If you agree with the loan term offer, you can select and sign the contract online to finalise your loan.
- The lender will then approve your loan and pay the money directly to your bank account within minutes.
Types of Loans
Hoopla loan provides brokerage for a variety of different loans to suit your requirements. From Payday loans to long term personal loans. Depending on how much cash you would like to borrow you should review the different options available.
Payday Loan – R100 – R8 000
Personal Loan – R8 000 – R20 000
Long Term Loan – R20 000 – R250 000
Hoopla Loans Contact Details
Hoopla Loans is an online company and online corresponds to users via email / social media. They do not provide a telephone number.
You can use their contact form
Facebook: Hooplaloans Saving Tips and Ideas
Twitter: @HooplaLoansZA
Instagram: @HooplaLoans
Office Hours:
Monday to Friday 8.00am – 5.00pm
Saturday 9.00am – 1.00pm
Sunday – Closed
Office Address:
2 Manhattan Corner, Century Way, Cape Town, 7441, South Africa
