personal loans

Personal loans up to R250 000

Looking for a personal loan? Arcadia Finance will find your best options fast!

  • Low interest rates
  • Loan offers from over 10 banks and lenders
  • Quick application and payment
  • Free application without commitment

Arcadia Finance helps you find the best loans from leading South African loan providers by comparing options from authorised banks and lenders. Fill out our free, no-obligation, online application to save hundreds of rands in interest rates and costs.

You will see your loan offers immediately after filling in the free application form. So, check out the loan options available for you!

How much do you need?
*Representative example: Estimated repayments of a loan of R30,000 over 36 months at a maximum interest rate including fees of 27,5% APR would be R1,232.82 per month.

Loan amount R100 - R250,000. Repayment terms can range from 3 - 72 months. Minimum APR is 5% and maximum APR is 60%.

Our system allows you to compare the options to find the right loan for your unique needs. Are you looking for a long-term or short-term loan, low rate or premium? We only offer the best loan products from trusted South African financial service providers.

Using our comparison tool makes finding a loan quick and easy. And there’s plenty of information here to help you find the loan that’s right for you.

Examples of compared loans

How to apply for a loan?


Fill in our short loan application in minutes. Just enter your details and choose your desired loan amount.


We will send your application over to a number of different banks and lenders for review.


You’ll receive personalized offers based on your responses, giving you a variety of choices. You are free to accept or decline the offers as you please.

Who can apply for a loan?

  • You are over 18 years old
  • You are employed and employment has lasted for more than 6 months
  • Your loan should not be more than 8 times larger than your monthly income

Personal Loan Explained

The idea is of a personal loan is simple – you borrow an agreed amount and pay it back in monthly instalments with interest, over a set period. But there are different types of loans designed for different needs.

Usually, personal loans are cash loans available in short-term or long-term options. Some of them are same-day loans, meaning a lender approves the loan and the money is in your account in 24 hours or less.

These loans can vary from R1,000 up to R250,000 with repayment periods ranging from 12 months to the maximum period of 72 months. Typically, repayments are calculated at an annual interest rate of up to 25%, although this will vary depending on the lender.

Personal Loan Options for Different Needs

Here is a quick overview of the different types of personal loans available to help you make the best decision.

Secured loans

  • Secured loans are loans where the borrower provides the lender with a form of collateral such as a car or house. If you can’t meet the repayments, the lender will take your collateral to cover the outstanding amount. The main advantage for the borrower is that the lender has your possessions as security, resulting in a lower interest rate.

Unsecured loans

  • An unsecured loan simply means that you don’t put up anything as collateral. If you default on payments, the lender can’t seize any of your possessions or property. Personal loans are usually unsecured loans.

Fixed-rate loans

  • A fixed-rate loan is a loan where the rate of interest you pay remains the same for the whole repayment period. If you don’t like surprises, a fixed rate means you will be paying back the same amount each month and won’t be stuck with increased payments if loan rates are raised.

Variable loans

  • Variable loans are just that. The interest rate that you start with, may change during the repayment period. Repayment rates for variable loans tend to be lower on average and may have limits on how much your interest rate can increase or decrease.

Payday loans

  • The shortest-term cash loans available are payday loans which are usually due within 30 days. These are smaller loans, typically for amounts of R500 to R4,000. The total debt, including expenses, should not exceed 36% of your monthly income.

When choosing which personal loan is best for you, it is important to understand how much money you will need and for how long. These factors will certainly affect the loan terms and the interest rates charged by lenders.

Debt consolidation

The debt consolidation loan is designed to enable the borrower to pay off existing debts by combining – consolidating – them into a single regular payment. Although the one payment simplifies the process, the overall debt will not be any cheaper.

Credit Score Check

Also, lenders will check your credit score as it is a prime factor for calculating interest rate. Lenders use this to determine whether you qualify for a loan. If your credit score is too low, lenders may not approve your application.

After you have received a personal loan, you must pay back the loan – plus interest – in monthly instalments over the agreed period.

Other Fees and Charges

Most important, Arcadia Finance does not charge any upfront fees for its online service. We work with trusted, NCR licensed lenders who offer different types of loans. Besides it is important to understand the terms and conditions and charges thoroughly before accepting a loan offer. And don’t accept an offer that isn’t right for you.

Some banks and online lenders will require loan protection cover. In other words, you may need to agree to use their insurance provider to insure the loan. But this policy will vary from lender to lender.

Apply Online for Your Personal Loan

Looking for an online personal loan in South Africa? Arcadia Finance makes applying for a personal loan online easy.

Enter the requested information in our online application form. Once the application is approved, you’ll receive different loan offers from our trusted lenders for comparison.

You should always compare offers to find the best option. While applying for a personal loan online is easy, loans themselves can sometimes be confusing. It’s important to make the right choice. A comparison tool takes the guesswork out of the process and lets you see which offer is best suited to your situation.

Additionally, you’ll be able to compare personal loans by using the personal loan calculator.

About Arcadia Finance

Obtain your loan with ease via Arcadia Finance. Applying is free, and you have the option to select from 10 respected lenders. Each lender follows the regulations set by the National Credit Regulator in South Africa.

What Would You Need for a Personal Loan Application

Also, when applying for a loan, you will have to provide the following information:

  • The details of your bank where the money will be paid.
  • Your Smart-ID card, ID number or a copy of your ID book.
  • Payslips or bank statements for the last three months.
  • Proof of residence – Your bank statements or a municipal bill.

Using this information, the lender conducts a credit check, which determines the success of your application and what interest rate will apply to the loan.

The intention is to make the personal loan application process as effortless as possible.
Finally, you have decided which offer you are happy with. Here are some personal questions lenders may ask you:

  • How old are you?
  • What is your marital status?
  • What are you using the money for?

Some companies will give you a prospective quote based on these additional factors.

Personal Loan Calculator