Quick & Affordable Cash Loans
Loans from R500 to R5,000 with repayment term of up to 90-days.
You Are Just A Few Steps Away!
Applying For A Loan
Application Process
Enjoy financial freedom and reach your goals with Vertigo Loans, a division of Interflex Capital (Pty) Ltd. We offer loans starting from R500 up to R5,000 with a repayment period term of 1-3 months.
Step One: Complete the online cash loan application form, consisting of
- Personal Details
- Employer Details (if employed)
- Income and Expenses
- Banking Details
Step Two: Upload your proof of ID or passport, recent payslip, and bank statements for the last three months.
Step Three: Once your loan is approved, funds will be transferred directly into your bank account.
Repayments will be collected via debit order from your specified bank account on the agreed repayment date.
How To Apply
How Much Is My Repayment?
All loan fees, costs, and charges are clearly displayed upon application, with no hidden costs.
Fees & Interest Breakdown Summary
- Service Fee: R69.00 per month + 15% VAT
- Initiation Fee: 16.5% on the first R1,000, + 10% on any amount from R1,000 to R5,000, + 15% VAT
- Credit Life Insurance: 0.55% of the loan amount
- Interest Rate: 0.17% per day, capped at 5% per month
- APR: Ranges from 36% to a maximum of 60%
Example
- Loan Amount: R1000 for 30 days
- Total Interest & Fees: R284.00
- Repayment: R1,284.00
How Can We Assist?
Applying for a cash loan with us is fast and easy, no long queues, no excessive paperwork, no lengthy calls. You choose exactly how much you need and the repayment period that works best for you (e.g. 3-month loan).
Our instant payday loans come with transparent terms, including the annual percentage rate (APR) between 36% and 60%. Please consider your ability to repay before applying, as missed or non-payments carry serious repercussions.
To get started, simply complete the online application form, and we’ll quickly run a credit check. If approved, we’ll instantly transfer your cash loan directly to your account.
All fees and interest comply with Chapter 5 of the NCA no.34 of 2005. Vertigo Loans supports responsible lending practices, granting loans based on your affordability and credit score.
Frequently Asked Questions
What are the application requirements?
To apply for a loan with Vertigo Loans, you need to meet the following criteria:
- Age: Be at least 18 years old.
- Identification: Possess a valid South African ID or Passport.
- Employment: Be employed with a regular income.
- Bank Account: Have an active South African bank account.
- Documentation: Provide your latest payslip and three months’ bank statements.
What Are Operating Hours?
Vertigo Loans operates online 24/7, allowing you to apply for a loan at any time. Our customer support team is available Monday to Friday, 9:00 AM to 5:00 PM, to assist with any inquiries.
Can I apply using my Driver's License?
No, a valid South African ID or Passport is required for the application process.
Does Vertigo Loans Pay the loan in cash?
No, upon approval, the loan amount is directly deposited into your active South African bank account.
Does Vertigo Loans Do Credit Checks?
Yes, as a responsible lender, Vertigo Loans performs credit checks to assess your creditworthiness and ensure the loan is suitable for your financial situation.
Can I Apply For A Loan Whilst in Debt review?
No, if you are currently under debt review, you are not eligible to apply for a loan with Vertigo Loans.
Do You Offer Loans To Domestic Workers?
Yes, domestic workers who meet the application requirements are welcome to apply for a loan.
Can I still apply whilst I'm blacklisted?
While being blacklisted may affect your eligibility, Vertigo Loans considers each application individually. We encourage you to apply, and we will assess your application based on your current financial situation.
Happy Customers
“Vertigo Loans came through when I needed them most. The application was paperless, straightforward, and only took a few minutes. I also love that there are no hidden fees—I knew upfront what the loan would cost me. The support team is friendly and responsive, and I felt very taken care of. Highly recommended!”
“I was hesitant about taking out a loan online, but Vertigo Loans made it so simple. The team was supportive, and they explained everything clearly, so I knew exactly what to expect. The whole experience was smooth, and their flexible options allowed me to pick a plan that fit my budget perfectly. Thank you, Vertigo Loans!”
“Vertigo Loans has been a lifesaver! The application process was quick and easy, and I had the funds in my account within hours. I really appreciated the transparency with the fees and the flexible repayment terms. I highly recommend Vertigo Loans to anyone needing fast, reliable financial assistance!”
Got Any Question?
To view the status of your application, repayment balances, download statements, amd much more, All you need todo is LOGIN to your Dashboard to access your personal profile.
For Any other assistance,
- Chat to us via Whatsapp
- See our FAQ for more answers
- Email Us: [email protected]