If you ever need cash, FASTA loans are here to help you with a short-term loan payable within 3 months. Borrow up to R8,000 and get it paid directly into your account within 10 minutes upon the approval of your application. FASTAs goal is to provide you with access to financial resources as quickly and easily as possible.
How to Apply for a Fasta Loan
To get started, you only need to select the amount you need and fill out an online application. It is a self- service therefore you get to make your own decisions in terms of repayment of the loan. Using the FASTA online application saves you time from waiting in long queues and you don’t have to fill out a lot of paperwork. FASTA loans are tailored to fit your budget, so they offer convenient credit solutions. In order to apply and qualify for FASTA, you must have a South African ID, be 18 years of age or older, and earn a minimum income of R7000 over the past three months. Lastly have a bank account in your own name that is currently active, a valid email address for communication with FASTA, as well as an active mobile phone number.
How does a Fasta Loan interest work
The interests of the loan are mainly dependent on the amount you have borrowed for example if you borrow R4,000 over a fixed term of 3 months, the interest rate will be as little as 3%. This means when you include everything from the Initiation fee of R534 a monthly service fee of R69 and credit protection insurance of R73.67. Maximum APR: 123%. The total amount that you will pay back is R4952.
Get started with Fast Loans
To get started create or log in to your profile on the FASTA website and to begin with the application, FASTA will give you feedback within a few minutes.
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