Affordable EC Loans can give you financial breathing space in a hurry.

If you need money in a hurry and you don’t have time to go through all the admin the banks expect you to, then affordable EC Loans can help.

It’s a standing joke in the industry – to get a loan from a bank, you must prove that you don’t actually need a loan.

The fact is that most people who apply do need the money and they need it as soon as possible.

Affordable EC Loans

EC Loans work with you to see where they can help. Their believe that everyone, no matter what they earn, should have access to credit at a fair rate.

They also believe that everyone deserves a chance at improving their cash flow situation. Affordable EC Loans work out a plan to give you a loan that you can afford.

Affordable EC Loans – how Do they Work?

EC Loans provides a simple online application process. This ensures you can afford to repay the loan that you need. They aim to educate people as far as possible on how to handle bad credit.

EC Loans take a more holistic approach by providing access to loans, offering advice on how to manage your credit and how to develop good financial habits. They act as a go-between with credit providers and you.

Affordable EC Loans

Affordable EC Loans – what Type of Loan?

Choose between a repayment period of twelve months or a maximum period of eighty four months.

Secured loans (you provide collateral) or unsecured loans (no collateral required) are available. A credit provider then receives the application. If approved, the provider sends back a quote, noting what the instalments and interest rates are.

If the amount you need is not approved, the credit provider may offer a lesser amount. You receive the money immediately on acceptance.

What do the Credit providers Consider?

The laws as laid down in the National Credit Act guides their decision. This states that you must be able to afford re-payments before they approve the loan. Pay day loans are not provided under this service at all.

You can apply for loan amounts of up to R120 000. Defaults are not always a disqualifying factor – your current payment history is also taken into account.

How do I know If I qualify?

  • You must be a South African citizen or a permanent resident
  • Have a valid identity document
  • Be 18 years old, or older
  • Earn at least R1 500 monthly
  • Have your salary deposited to a bank account in your own name
  • Provide up to date proof of your home address


EC Loans makes credit applications simple – apply now and see if you do qualify.


All info was correct at time of publishing