LendPlus ZA
12 reviews
Detailed terms
- Amount up to $ 4000
- Term 5 - 41 day
- Rate from 0.17% up to 1% per day
- Method of receipt To a bank card; to a bank account
- Legal information about the company Lendplus Technology (Pty) Ltd operates fully digitally, providing fast loans with minimal paperwork and automated verification systems (e.g. TruID) for identity and income verification.
- Age from 20 up to 62 years old
The best offers for you
100% online
- Amount up to up to 8 000 R
- Period up to 90 days
- Approval 97%
100% online
- Amount up to up to 8 000 R
- Period up to 183 дня
- Approval 97%
100% online
- Amount up to up to 4 000 R
- Period up to 183 дня
- Approval 97%
LendPlus is a registered South African credit provider offering online payday / short-term loans. Lendplus Technology (Pty) Ltd operates fully digitally, providing fast loans with minimal paperwork and automated verification systems (e.g. TruID) for identity and income verification.
You can get a loan from this organisation quickly and online.
Terms & Conditions
| Loan amount: | From R 500 to 4,000 |
| Effective Interest Rate (EIR) / APR: | Up to 60 % per year (calendar year rate) |
| Loan term:: | Typically 5 to 41 days (some products up to ~35 days) |
| Currency: | South African Rand (R) |
| Daily interest rate: | Approximately 0.17% per day is cited as a base rate in their “short term loan” section. |
| Approval time: | Decision in ≈ 15 minutes during business hours |
| Collateral: | No collateral required (unsecured loans) |
| Income verification: | Latest 3 months bank statements and proof of income (via TruID or equivalent) are required |
| Age requirement: | Must be 18+ |
| Licensing/Supervision: | Company registration: 2023/805154/07; National Credit Regulator license number: NCRCP17814 |
| Repayment methods: | via debit order (DebiCheck) or online payments |
| Disbursement methods: | Transfer to the bank account provided by the applicant after approval and signing the agreement |
| Customer support: | support@lendplus.co.za |
| Address: | 10th Floor Offices, 2 Long Street, Cape Town City Centre, Cape Town 8000 |
| Phone number: | +27 71 868 5388 |
| Official website: | lendplus.co.za |
Documents & Borrower Requirements
- Valid South African ID required
- Latest 3 months bank statements to show income
- Valid mobile phone number
Additional Details
- Extension / deferment: They allow you to postpone / extend the loan term under certain conditions — you must apply before the loan’s due date, pay accrued interest & fees, and sign an extension agreement.
- Early repayment: Early settlement is possible (carry less cost) as per their transparency in the fee structure.
Credit History Requirement
They are more forgiving: you do not necessarily need perfect credit history, though submissions will be assessed via credit and bank statement checks.
About the Loans
First Loan
- Amount: from R500
- Rate / reward: up to 60 % APR
- Term: 5 to 41 days
Repeat Loan
- Amount: up to R4,000 for repeat customers
- Rate: similar APR max 60 %, possibly better terms for loyal clients
- Term: same short-term range (5 to 41 days)
How to Apply
- Register an account on the LendPlus website and fill in your details.
- Provide ID and bank statements (TruID used for proof of income).
- Wait for credit decision — often in 15 minutes.
- Sign the agreement / authorize DebiCheck.
- Receive funds into your bank account as soon as agreement is complete, often within 1 hour.
Benefits
- Entirely online application, no paperwork
- Rapid approval and fund disbursement (often same day)
- Transparent fee structure and clear costs
- Short-term loans with flexibility
- Accepts applicants with imperfect credit
- Option to extend repayment if needed
- No collateral nor guarantor required
