Getting a loan from 123 Cash Loans is easy, fast and convenient. They are reliable and guarantee their applicants will get a response in an hour. 123 Cash Loans is the perfect financial institution for blacklisted people to apply for finance. Clients don’t wait to wait long periods or even visit one of their branches in order to get a loan.

Applicants can get an unsecured loan of up to R20 000 payable between one and 12 months. Applicants can choose the amount that suits them and the money will speedily be transferred into their account upon approval. People can also apply for pay day loans and get an immediate response. The loans are paid out on the same day and are repayable in 30 days.

For personal loans 123 Cash Loans charges a 5% flat interest rate per month, an initiation fee of R150 and a R50 monthly service fee, which are all included in the monthly instalment. The interest is equivalent to an APR of 60% and is controlled by the National Credit Regulator. 123 Cash Loans has no renewal policy. Applicants should be in their current job for at least six months and blacklisted applicants must not be under debt review or administration order.

People can apply online or fill in the ‘Contact Us’ form and a 123 Cash Loans consultant will be in touch within an hour. If the applicant is successful 123 Cash Loans will need supporting documents and a quotation will be supplied. Payouts are made via EFT into the applicant’s banking account or SASWITCH card and pin, which can be used at any point-of-sale or ATM to withdraw the cash.

People can apply online and also get more information as well as terms and conditions by going to www.123cash.co.za.