R6 000 loan: what it costs and who lends it
A R6 000 loan sits inside the National Credit Act's short-term credit rules when it is repaid within six months: interest is capped per month, not per year, and the fees are fixed by regulation. That makes the maximum cost easy to calculate before you apply, which is what the table below does for one to six months.
Registered lenders that offer R6 000 are listed underneath, ranked by our score. New customers are often offered less than R6 000 on a first loan and more once they have repaid on time, so check the lender's first-loan limit before you count on the full amount.
The legal maximum for R6 000
First short-term loan of the calendar year (5% per month); a repeat loan is capped at 3% per month. No credit life included.
| Term | Cap | Monthly instalment | Interest | Fees incl. VAT | Total repayable |
|---|---|---|---|---|---|
| 1 month | 5% / month | R7 133.75 | R300.00 | R833.75 | R7 133.75 |
| 2 months | 5% / month | R3 678.20 | R453.66 | R902.75 | R7 356.41 |
| 3 months | 5% / month | R2 527.17 | R609.75 | R971.75 | R7 581.50 |
| 6 months | 5% / month | R1 378.56 | R1 092.63 | R1 178.75 | R8 271.38 |
Registered lenders offering R6 000
CrediWise4.0NCR NCRCP22496Goes to the full R8 000 short-term ceiling with the same fast platform as LendPlus.
- Amount
- R500 – R8 000
- Payout
- 15 minutes to 2 hours in business hours; instant to an eWallet at any time
NCR NCRCP20790Full short-term range and a mandate-first approach; its own site prints its NCR number two different ways.
- Amount
- R500 – R8 000
- Payout
- Same business day once the DebiCheck mandate is confirmed
| Lender | Rating | Amount | Term | Payout | |
|---|---|---|---|---|---|
CrediWise NCR NCRCP22496 | 4.0 Goes to the full R8 000 short-term ceiling with the same fast platform as LendPlus. | R500 – R8 000 | — | 15 minutes to 2 hours in business hours; instant to an eWallet at any time | Apply |
Century Financial Services NCR NCRCP20790 | 3.5 Full short-term range and a mandate-first approach; its own site prints its NCR number two different ways. | R500 – R8 000 | — | Same business day once the DebiCheck mandate is confirmed | Apply |
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.
Matching services that cover R6 000
These are not lenders. Each takes one application and passes it to a panel of registered credit providers, who then decide, quote and pay out. The agreement you sign is with the lender, and every lender still runs an affordability assessment.
Letocredit3.0Matching service · not a lenderA quick way to see several small-loan lenders at once; ignore the 'no credit check' line on its homepage.
- Amount
- R500 – R15 000
- Term
- 2 months – 12 months
- Payout
- Same day for most partner lenders; often 15–30 minutes after confirmation
Binixo2.5Matching service · not a lenderA second front door to lenders already on this list; its own legal text contradicts itself.
- Amount
- R1 000 – R50 000
- Term
- 3 months – 6 months
- Payout
- Set by the lender you choose; the site says same day
Finpug3.0Matching service · not a lenderLetocredit's sister site with a wider amount slider; it openly encourages applying to several lenders at once.
- Amount
- R500 – R50 000
- Term
- 2 months – 12 months
- Payout
- Usually within 30 minutes of a partner lender's approval in business hours
Crezu4.0Matching service · not a lenderNames its operator, publishes its terms and an example, and covers everything from R500 to a consolidation loan.
- Amount
- R500 – R350 000
- Term
- 6 months – 72 months
- Payout
- Offers in about 2 minutes; the site says funds within 15 minutes of a lender's approval
Creditum3.5Matching service · not a lenderArcadia's twin from a Finnish publisher, on the same Myloan panel, with the same clear example.
- Amount
- R500 – R350 000
- Term
- 6 months – 72 months
- Payout
- Non-binding offers in seconds; payout set by the lender you choose
Matching service · not a lenderThe longest-running matching service here, with a real review record and the widest term range.
- Amount
- R100 – R350 000
- Term
- 3 months – 72 months
- Payout
- Offers immediately after the form; payout set by the lender you choose
Dengoo2.5Matching service · not a lenderNames no company behind it and promises 'no checks required' — treat it as a form that reaches LendPlus, Lime24 and the Myloan panel.
- Amount
- up to R350 000
- Term
- up to 12 months
- Payout
- Site says up to 15 minutes after the partner lender's approval
CreditNice3.0Matching service · not a lenderA Ukrainian-run matching form for small, short loans; it names its operator but not its South African partners.
- Amount
- R1 000 – R10 000
- Term
- 7 days – 2 months
- Payout
- Matching in minutes; payout set by the lender that responds
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.
Questions people ask
›Can I get a R6 000 loan with bad credit?
Some registered short-term lenders consider impaired records at this amount if the affordability assessment passes. No registered lender can skip the assessment.
›How fast can R6 000 be paid out?
Online short-term lenders decide in minutes and pay out the same business day once approved; your bank's clearing time decides when it lands.
›What is the most a R6 000 loan can cost?
Interest capped at 5% per month (3% on a repeat short-term loan in the same year), an initiation fee of R165 + 10% above R1 000 (max R1 050 + VAT) and a service fee of R60 + VAT per month. The table on this page works it out per term.