Reviews

Hoopla Loans: find out how to apply!

Count on a loan search tool with an approval rate of 84% and find the best deal regardless of your credit score. Compare your options and choose the best lender for you! Learn more in the review below!

Advertisement

Hoopla Loans: in just 5 minutes, discover multiple online loan opportunities

Hoopla Loans logo
Learn how to apply for Hoopla Loans. Source: Foster the Money

Apply to Hoopla Loans and gain access to dozens of lenders vying to do business with you! Find a loan based on your personal needs.

card

Loan

Hoopla

Online Loan Marketplace

Connect with the perfect lender and borrow up to R250,000.

You will be redirected to another website

With this loan marketplace, you will find loans that perfectly fit your income and credit profile. Keep reading and learn how to apply for it in detail! Let’s go!

Online application

To apply for Hoopla Loans, you must first access the official website for that product. Right on the homepage, you’ll see a “get my loan” button. Select this option to access the application form for this tool.

Then you must fill them in with personal data, address, information about your work, and income. Finally, click on “get my loan” again.

Below, you will have access to a list of lenders who will be able to fulfill your request. Select each one of them, compare them and choose the best option to then request a direct contact.

What are the requirements?

In fact, terms and amounts may vary depending on the type of loan you want. However, the readability criteria are the same in all cases. Meet them below:

  • Be over 18 years old;
  • Be an SA citizen or resident with an identification number;
  • Being in a permanent job;
  • Minimum monthly income of R4,000;
  • Not currently under debt review; Submit a credit check by the lender.

Apply on the app

Businesswoman smiling cheerfully in an office lobby
Get the money you need with Hoopla Loans.Source: Adobe Stock

Indeed, Hoopla Loans does not offer apps that allow applications via smartphones. However, you can still use this tool through your cell phone.

To do so, just access the official website of this company through your cell phone’s browser.

Compare Hoopla Loans to other options: ABSA Personal Loan

Indeed, the South African market offers consolidated options when it comes to lenders. So, we chose a traditional option to compare its advantages with the services offered by Hoopla Loans.

The summary of this comparison is in the table below. Check out:

Hoopla LoansABSA Personal Loan
Interest Rate  On average, 5%, but it can be higher (variable) depending on the lender; From the minimum of 13.75% per annum;
Loan PurposeConsolidate debt, cover emergency expenses, home improvement projects, finance funeral expenses, help cover moving costs, make a large purchase, cover a major life milestone, pay for a vacation, and any other reason;Personal loan, express loan, instant loan, ABSA home loan, building home loan, loyalty home loan, beat load shedding, for a car and study loan;
Loan AmountsFrom R100 to R250,000;Up to R350.000;
Credit NeededAny credit score;600 or better;
Repayment TermFrom 3 to 60 months;Personal loan: over 12 months to 84 months; Smaller personal loan: over 2 to 6 months;
Initiation FeeNone. R 207.50.

Did the conditions of the loans offered by ABSA Personal Loan call your attention? Then visit the post below to learn more:

ABSA logo

Absa Personal Loan: find out how to apply!

Apply for ABSA Personal Loan and enjoy the best interest rate on the market and the longest repayment period. Find out how here!

About the author

José Gonçalo

I started reading about finance only to find better options than savings. Since then, I have never stopped studying finance, and I believe that writing about it is the best way to help individuals feel fulfilled and have a healthy financial life. Today, I balance finance and medical school studies.

Trending Topics

content

FNB Aspire Credit Card: check out how to apply!

Apply to FNB Aspire Credit Card and access an incredible cashback program on selected purchases and 55 days interest-free!

Keep Reading
content

Apply for the MG Black Prepaid Debit Card and get the best perks!

Apply to MG Black Prepaid Debit Card, modernize the way you issue and register payments in your company and offer hundreds of benefits.

Keep Reading
content

African Bank Personal Loan review: loans up to R350,000

Full review of African Bank Personal Loan, the easiest and simplest way to get up to R350,000 in just a few minutes. Know more!

Keep Reading

You may also like

content

MG Prepaid Card full review: should you get it?

Get rid of the heavy and endless fees charged by banks forever with the MG Prepaid Card, a safe and cheap card to manage your money!

Keep Reading
content

Unemployment Insurance Fund (UIF): relief for workers

Through the Unemployment Insurance Fund, South African workers can receive a pension of up to R17,712 for 12 months. Learn more here!

Keep Reading
content

Social Relief of Distress: perfect help when you need it most

Social Relief of Distress is fast, free, affordable federal relief for everyone you can count on in times of extreme hardship. Read on!

Keep Reading