Rating based on 11 reviews


  • Bad Credit Loans up to R250,000
  • Low-interest starting from 5%
  • Repayment up to 60 months

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Author Hoopla. Screenshot of Hoopla website.
[Accessed May 11, 2023]

About Hoopla

Hoopla Loans is an online loan-matching broker that connects people to lenders. They’re committed to providing safe, secure, and 100% online application processes.

With a mission to provide fast and effective financial assistance, Hoopla Loans offers its clients access to an extensive panel of lenders that consider clients with all types of credit records.

A trusted name with a rich history

Hoopla Loans was founded in 2015 by a team of experienced financial professionals who saw the need for a safe and secure online loan-matching broker.

Since then, Hoopla Loans has grown to become one of the most trusted and reliable online loan brokers in South Africa. Over the years, they have built a reputation for excellence, transparency, and customer satisfaction.

Flexible loan options for any purpose

Hoopla Loans offers a wide range of loan options that can be used for any purpose, with loan amounts ranging from R100 to R250,000.

Their loans come with competitive interest rates, and customers can expect to receive an instant online decision from one or more of the lenders on their panel. They understand that each customer's situation is unique and strive to offer flexible repayment terms to suit their clients' needs.

Exceptional customer service every step of the way

At Hoopla Loans, customer satisfaction is their top priority. They offer a safe and secure online loan application process, and their team of experienced professionals is always available to assist clients with any queries they may have. Their lending panel comprises of trusted lenders, and customers can rest assured that they are in good hands throughout the loan process.

Hoopla Services

Hoopla Loans is a leading South African online loan provider that offers fast, convenient and affordable personal loans.

They offer a range of loan options to suit different needs, including short-term loans, long-term loans and debt consolidation loans.

More about Hoopla Loan's offerings

Hoopla Loans is dedicated to helping individuals and families meet their financial needs. They offer loans ranging from R1000 to R200,000 with repayment periods ranging from 12 to 84 months.

Applicants can apply for a loan online, and receive a decision within minutes. Loans are approved based on affordability and creditworthiness.

Hoopla Loans also offers flexible repayment options, which allow you to choose a repayment period that suits your budget.

Hoopla Loans' interest rates and fees

The interest rates and fees charged by Hoopla Loans vary depending on the loan amount and the borrower's credit profile.

Interest rates start at 5.5% per month, with no hidden fees or charges. All costs are clearly disclosed upfront, including any initiation fees, service fees or early settlement fees.

Benefits of using Hoopla Loans

Hoopla Loans has several benefits, including their quick and easy online loan application process, affordable interest rates, and flexible repayment options.

Hoopla Loans also offers personalized service and support, and their team of financial experts is always available to help borrowers with any questions or concerns.

Hoopla – Bad Credit Loan

  • Loan Type Bad Credit Loans
  • Interest Rate from 5%
  • Loan Amount up to R250,000
  • Repayment 6 months to 60 months

Benefits of Hoopla

  • High loan approval rate
  • Same-day response to loan applications
  • Flexible repayment terms

Bad Credit Loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This bad credit loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Hassle-free application: How to apply for a Hoopla Loan

Hoopla understands that life can be busy, which is why they offer several ways to apply for a loan.

You can apply online from the comfort of your own home, or you can visit one of their branches nationwide to speak to a consultant in person.

Alternatively, you can call their friendly customer service team and apply over the phone. Whatever option you choose, applying for a bad credit loan with Hoopla is a straightforward process.

Eligibility requirements for a bad credit loan

To be eligible for a loan with Hoopla, applicants must be over 18 years old, have a South African ID, and earn a stable income.

They must also have an active bank account in their name and a good credit history. Hoopla takes responsible lending seriously and ensures that all applicants can afford to repay their loans.

Documents required to process your application

To apply for a loan with Hoopla, applicants will need to provide a few documents, including their South African ID, proof of income, and bank statements. These documents help to verify the applicant's identity, income, and expenses, and ensure that they can afford to repay the loan.

Applying online: a quick and simple process

Hoopla's online application process is quick and easy. Simply visit their website and complete the application form, which takes just a few minutes.

Once you've submitted your application, their team will review it and get back to you with a decision as soon as possible. If your loan is approved, the funds will be transferred to your bank account within a few hours.

Privacy, security and customer service

Hoopla Loans takes its customers' privacy and security seriously. They use industry-standard security measures to protect customer data and ensure that all transactions are safe and secure.

Their customer service team is also available to assist borrowers with any questions or concerns.

Advantages of using Hoopla for your loan needs

  • Quick and easy application process: Hoopla offers a simple and user-friendly online application process that takes just a few minutes to complete.
  • Flexible loan amounts: Hoopla offers loans ranging from R100 to R250,000, with flexible repayment terms of up to 72 months.
    Competitive interest rates: Hoopla offers competitive interest rates that are tailored to your individual credit profile, making it an affordable option for borrowers.
  • Transparent and upfront fees: Hoopla is transparent about its fees, with no hidden costs or charges, ensuring that you know exactly what you're paying for.
    Same-day loan disbursement: Once your loan is approved, Hoopla can disburse the funds on the same day, providing you with the financial assistance you need, when you need it.
  • Personalised service: Hoopla takes the time to understand your financial needs and offers personalized service to ensure that you receive the loan that is right for you.
  • No collateral required: Hoopla does not require any collateral to secure your loan, making it a convenient option for borrowers who do not have assets to put up as security.
  • Easy loan management: Hoopla's online platform makes it easy to manage your loan, with access to your account information, repayment schedule, and loan balance at your fingertips.
  • Trusted lender: Hoopla is a registered credit provider with the National Credit Regulator (NCR), ensuring that you are dealing with a reputable and trustworthy lender.

Going above and beyond: Hoopla Loans' commitment to CSR

Hoopla Loans is committed to giving back to the community and supporting various social responsibility initiatives.

They believe in using their resources to make a positive impact on the lives of those in need. Through their partnerships with various non-profit organizations, they’ve been able to make a real difference in the lives of many South Africans, making them more than just a financial services provider.

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Hoopla is a trusted & reliable provider of bad credit loans

In our review, Hoopla adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Hoopla is a registered credit provider in South Africa: NCRCP7638

Hoopla Contact

Contact Number


  • not available


Physical Address

  • Office 2 Manhattan Corner, Century Way, Century City, Milnerton Cape Town Western Cape 7441 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday 09:00 – 13:00
  • Sunday – Closed