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About Hoopla Loans

Hoopla Loans – Hoopla loans reviews; Hoopla Loans are one of South Africa’s fastest growing online loan brokers. We operate purely online through smart online loan application systems. This means that we do not have call centres, and do not take incoming or make outgoing calls to our clients.

It’s important to know that we are NOT a lender. We work purely as an online broker that helps people to apply for a loan quickly and safely with just one simple loan application form. With one application through our website you are able to instantly access many different lenders in South Africa. Your loan application is reviewed by our lenders within in seconds after you apply on our website, increasing your chance of loan approval.

We are able to help you secure Payday Loans, Personal Loans, Medium Term Loans, and Long-Term Loans, all with flexible payment terms, and competitive interest rates to match your exact budget. Types of Loans We Offer are Payday Loans, Personal Loans, Long Term Loans

Mission and Vision

Hoopla Loans is an online loan broker that helps consumers to obtain a loan through smart online matching technology. We work with a panel of lenders whom we match consumers to, based on their credit profile.

Minimum/Maximum amount offered by Hoopla loans?

  • Payday Loans

Hoopla loans provide loans to the all applicants at a minimum of R100 and a maximum of R8000 in one instance

  • Personal Loans

Hoopla loans provide loans to the all applicants at a minimum of R8,001 and a maximum loan of R20,000

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  • Long Term Loans

Hoopla loans provide loans to the all applicants at a minimum of R20,001 and a maximum loan of R250,000

Loan repayment amount

For the purpose of providing an example of the rates and terms, if you borrow R15,000 over 15 months at a fixed rate of 28% per annum, with an admin fee of R68.40 per month as well as an initiation fee of R1,197 the charges would amount to a representative rate of 68% APR. The total amount repayable would be R22,717.

The relevant period in which the client will stay with the loan until repayment At Hoopla loans

Types of Loans We Offer

  • Payday Loans

Borrow R100 to R8,000 and repay it over up to 6 months. This type of loan is generally used for short term emergency purposes, or to cover certain temporary or once-off expenses.

  • Personal Loans

Borrow R8,001 to R20,000 and repay it over 6 to 24 months+. This type of loan is usually taken out to cover small to medium type finance requirements and is repaid over a short to medium term period.

  • Long Term Loans

Borrow between R20,001 to R250,000 and repay it over 12 to 60 months. This type of loan is designed for larger finance requirements such as purchasing assets, debt consolidation and other similar purposes.

How to apply for a Hoopla loan?

  • Visit Hoopla’s official website at https://www.hooplaloans.co.za/paydayloans
  • Fill in the secure online application form that appears. Provide the required personal details
  • Give hoopla authority a few moments to view and analyse your credit report. Carefully study and agree to their terms and conditions while that is going on.
  • Click on “Get My Loan.”
  • A panel of lenders associated with Hoopla will look at your application. You can receive a loan approval through a call, email, or SMS.
  • Once you receive a loan offer, you sign it online.
  • Now take a deep breath, you will receive the loan amount in your bank account.

Hoopla loans contact number

  • Contact Number 082 724 6110

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