Loans For South African Citizens Only

Live Payment Update

We've just Approved and Paid
Friday, 21 June, 2024

Looking for Bad Credit Loans? Apply with Hoopla Loans Today!

If you need a loan for bad credit histories, Hoopla Loans is delighted to offer you a number of viable options today. Our loans range from R100 to R250,000 and we work with a large panel of lenders, banks and unions and many are willing to take a view on bad credit histories. In fact, some of our lenders only offer loans for people with bad credit, helping you to get the money you need.

So if you have been declined elsewhere for a loan, do not fear, Hoopla Loans is here!

We offer a completely online application process from start to finish. Simply click on the ‘apply now’ button below, enter a few details and you will receive an instant decision. Subject to further checks, your loan can be approved and funds can be transferred to your account on the same day if successful.

Key Features

  • Borrow R100 to R250,000
  • Repay typically over 3 to 60 months
  • 100% online application
  • Same day funds available
  • Bad credit considered
  • Working with direct lenders

apply now

What is the Eligibility Criteria?

  • Over 18 years of age
  • SA Citizen or Resident with ID number
  • In permanent employment
  • Earn a monthly income of R4,000 or more
  • Not currently under debt review
  • Agree to a credit check

apply now

Bad Credit Loan

How Can I Get a Bad Credit Loan from Hoopla?

At Hoopla Loans, we are more interested in your future, rather than your past. We understand that keeping a perfect credit score can be difficult, especially with all the different curve balls that life throws at us and emergencies that can arise.

However, if you have stable employment, a regular income and can afford to make repayments on time, we will gladly consider your loan application today.

If you have a poor credit history or are under debt review, we may simply adjust your bad credit loan by offering:

  • A lower amount
  • A longer repayment term to help spread repayment
  • A slightly higher interest rate to manage our risk

We treat every application individually and will always be willing to consider your personal circumstances.

apply now

What Can I Do To Improve My Chances of Approval?

To improve your chances of getting a bad credit loan, there are a number of steps you can take. Making sure that you have a stable and regular income is important, since this should give you the opportunity to put money aside for repayment each month.

In addition, if you can pay off any outstanding debts, this will certainly help to improve your credit score which will increase your chances of being accepted for a short term loan. Whether it is putting money aside to pay off your debts or asking family or friends for help, can certainly help to improve your score.

You should also consider closing any credit cards that you do not need or closing any loans, since having less credit outstanding can make you a more attractive customer to lend to.

Do You Bad Credit Loans for Emergencies?

Yes, Hoopla Loans offers emergency bad credit loans for people who need money quickly for emergencies, including broken boilers, plumbing problems, car repairs, medical bills and more.

Our loans are designed to be fast, with a completely online application process and funds sent to your account in a matter of hours if you are successfully approved.

Can You Provide Bad Credit Loans on The Same Day of Applying?

Yes, Hoopla can offer same day bad credit loans, or sometimes within just a few hours. With a fully online application and funding process, our lenders are able to make same day payments.

You can apply for bad credit loans 24 hours a day, 7 days a week using a desktop, mobile or tablet - and you can get an instant decision to make the process as fast as possible.

Can I Get a Guaranteed Bad Credit Loan?

We can never guarantee that a loan will be funded, since each application must undergo a series of checks. As a responsible credit broker, we need to ensure that every customer can afford to repay their loan without falling into financial difficulty and we require customers to be employed and earning a regular income.

Although a bad credit loan is not guaranteed, we are proud to be working with a number of reputable lenders who will take poor credit and adverse credit histories into consideration.

With an 84% approval rate, we believe that we are the best company to get you an affordable loan offer today - and our service is completely free of charge!

apply now

We Work with Direct Lenders

At Hoopla Loans, we work with direct lenders only, so you can have peace of mind that your loan application will be processed, checked and funded by a legitimate company who is licensed by the National Credit Regulator (NCR).

We work with an impressive panel of lenders, banks and unions to offer affordable loans ranging from R100 to R250,000 - and our role is to connect your loan with the lender who is most likely to accept you and offer the best rates. We do not pass on your details to any companies without your permission and our service is 100% free - and always will be!

How Fast Can I Get a Loan for Bad Credit?

We can offer fast bad credit loans, usually funded within a few hours or on the same day of applying. For smaller amounts such as R500 or R1,000, these can usually be completed very quickly, but if you are looking to borrow large amounts of R50,000, R100,000 or R250,000, this may take a little longer to process and may take just a few days.

However, our entire process is designed to be online, automated and fast - so that we can get our loans to customers when they need it the most.

How to Apply for a Bad Credit Loan Online with Hoopla Loans?

You can apply online for a bad credit loan today with Hoopla Loans by clicking on the button below. Simply enter a few basic details about yourself, how much you would like to borrow and how long for.

We will provide an instant loan decision on the screen and you can decide whether you want to proceed.

Subject to some further checks from your chosen lender, your loan can be transferred to your bank account within a few hours or the same day of applying. We will always run a few checks to confirm your eligibility and that you can afford to repay your loan without any trouble.

We do not charge upfront fees and we never will. With Hoopla Loans, you are just 5 minutes away from getting a bad credit loan and we are delighted to help you today!

apply now