PrimeLoans review
The clearest pricing on the list — a full worked example with VAT — and two to three months to repay.
Online short-term lender with 61-to-90-day terms instead of a single payday repayment, a published worked example of what R2 000 costs, and an eWallet option for weekends. Repeat customers can be approved up to R8 000.
Who it suits: A formally employed borrower who wants two to three months to repay a small loan and likes to see the total before applying.
Runs on the same platform as LendPlus, PrimeLoans and CrediWise — identical FAQ wording, the same eWallet payout option, the same 23–62 age band. LendPlus is part of the Aventus Group; treat the four as one lender family when spreading applications.
MoneyMatcher rating
4.0- Transparency
- 5/5
- Cost
- 3/5
- Speed
- 5/5
- Flexibility
- 3/5
Operator named, costs published, claims that match the law
How far below the legal maximum it prices
Application to money in your account
Amounts, terms, extensions, early settlement
Borrowing money costs money — only borrow what you can afford to repay. Lenders listed here publish a National Credit Regulator registration; matching services are not lenders and are labelled as such. The order of our lists reflects our partner agreements; the star ratings are our own. Costs shown as "legal maximum" are the caps set by the National Credit Act, not a lender's price.
Key facts
Read from the company's own site on 25 August 2026
| Type | Registered credit provider |
|---|---|
| Legal name | Prime Loans Technology (Pty) Ltd |
| Company registration | 2024/739416/07 |
| NCR registration | NCRCP20937 (as published by the lender) |
| Products | short-term |
| Loan amounts | R500 – R4 000 |
| Terms | 2 months – 3 months |
| Payout | 15 minutes to 2 hours in business hours; instant to an eWallet at any time |
| Cost example | Lender's own example: R2 000 over 75 days — interest R136.50, initiation fee R265 + VAT, service fee R147.10 + VAT, R2 610.42 to repay Source: https://apps.apple.com/za/app/primeloans/id6748526744 (product description) |
| Website | primeloans.co.za |
Source: https://primeloans.co.za/faq/ (NCRCP20937; up to R8 000 for repeat customers; 15 min–2 h; eWallet) and the App Store product description (R500–R4 000, 61–90 days, worked example incl. VAT)
Where it does well
- Publishes a full cost example including VAT
- Terms of 61–90 days spread the repayment
- eWallet payout outside banking hours
Where it doesn't
- Only formally employed applicants aged 23–62 — no self-employed or pensioners
- First loans capped at R4 000
Questions about PrimeLoans
›Is PrimeLoans registered with the NCR?
Prime Loans Technology (Pty) Ltd publishes registration number NCRCP20937 on its site. You can confirm any number on the NCR's public register or by calling 0860 627 627.
›How much can I borrow from PrimeLoans?
PrimeLoans offers R500 – R4 000, subject to its affordability assessment. First loans are usually capped lower and rise after on-time repayment.
›How quickly does PrimeLoans pay out?
15 minutes to 2 hours in business hours; instant to an eWallet at any time. Your bank's clearing time decides when the money lands.
›What does a loan from PrimeLoans cost?
Lender's own example: R2 000 over 75 days — interest R136.50, initiation fee R265 + VAT, service fee R147.10 + VAT, R2 610.42 to repay
Alternatives to PrimeLoans
LendPlus
Publishes its full pricing and pays out at weekends via eWallet; the price is near the legal cap.
CrediWise
Goes to the full R8 000 short-term ceiling with the same fast platform as LendPlus.
Century Financial Services
Full short-term range and a mandate-first approach; its own site prints its NCR number two different ways.
PrimeLoans
4.0