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

Reviews of LendPlus ZA

Rating and reviews

No reviews yet