Easy online loans approval is a major drawcard for many people looking for personal loans. Better technology has made easier online applications possible. Some institutions require you to provide numerous documents when applying, whole others require uploaded documents.

To improve your chances of approval, it’s best to make sure that you provide all necessary information.

Personal loans can be helpful when you are in need of financial assistance. This finance can help you meet your financial obligations, such as paying your rent for the month, paying for your child’s school fees or even for buying groceries for the month. Borrowing from traditional lending institutions is an option for many people, but an increasing number of people are relying on micro lending institutions, mainly because of the easy online loans approval they offer.

These institutions provide applicants with easy online approval:

EC Loans

A specialist provider of unsecured loans EC Loans is committed to helping you get financial freedom. Guaranteeing fast approval, the online application is simple. Individuals can apply for loans of up to R120 000 maximum and there are no upfront fees required.

EC Loans has a 90% approval rate and also aims to alleviate bad credit. There are 3 application options, which include:

  • Filling in an online form
  • Filling in a quick form which will be emailed to you
  • Downloading and printing the form

The 1 Hour Loan

This institution specialises in providing individuals with pre-approval in under an hour. Personal loans of up to R230 000 are provided and the institution also provides help for individuals with poor credit ratings. The application process is simple: you enter your details once and receive approval of your application. Once you receive approval via SMS you get instant access to the cash. This easy online loan approval can be accessed by simply visiting the website here: www.the1hourloan.co.za