Instant Online
Payday loans
Need hELP?
Quick & Easy Loans
Up to R5 000 Cash deposited into your bank account.
Easy & Convenient loans from R500 to R5000
BLS Loans is based on friendships, understanding, compassion, mutual trust and most importantly sharing. These principles coupled with our core values, form the foundation of our organisational culture
BLS Loans Registered Credit Provider NCRCP18106
How It Works
Choose one of the options below to apply
OPTION 1
Click on Payday Loan Application above
- Give us your details
- Attach copy of your Passport or ID
- Attach copy of latest payslip
- Attach copy of latest 3 months bank statements
- We will process your application and if succesfull payout to your bank account within 24hrs
- The Loan repayment will be deducted from your account on your next payday by debit order
OPTION 2
Send a Whatsapp with pictures of
- Copy of your Passport or ID
- Copy of latest payslip
- Copy of latest 3 months bank statements
- We will process your application and if succesfull payout to your bank account within 24hrs
- The Loan repayment will be deducted from your account on your next payday by debit order
MAXIMUM ANNUAL PERCENTAGE RATE
Our maximum annual percentage rate is 38%.
REPAYMENT DAYS:
We offer repayment periods up to 30 days.
COLLECTION
All payments are done via debit order.
RENEWALS
When you renew a loan, it will be seen as a new loan and therefore the same interest and rates will apply as for the new loans.
NON-PAYMENT
Non-payment of your account will result in a R50 service fee and 5% interest added every month. If you fail to make payment for two months, your account will be handed over to an external debt collection company.
Not repaying your loan on time will decrease your credit rating and might make it difficult to qualify for finance at other credit providers in future.
NATIONAL CREDIT REGULATOR
BLS Loans is registered as credit provider with National Credit Regulator (NCR). The repayments on our Payday loans are in line with NCR guidelines. Please refer to the example below:
| LOAN AMOUNT | Interest | Service fee | Initiation fee | Bank. Fee | TOTAL REPAYMENT |
|---|---|---|---|---|---|
| R500 | R25 | R65 | R75 | R33 | R698 |
| R1000 | R50 | R90 | R150 | R55 | R1345 |
| R2000 | R100 | R170 | R300 | R72 | R2642 |
| R3000 | R150 | R250 | R450 | R57 | R3907 |
| R4000 | R200 | R335 | R600 | R76 | R5211 |
| R5000 | R250 | R420 | R750 | R95 | R6515 |
