Rating based on 6 reviews

Hoopla Loans

Updated
  • Payday Loans up to R8,000
  • Same-day Loan Approval
  • Repayment up to 6 months

In-page navigation


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

About Hoopla Loans

Hoopla Loans is an online payday loan provider that offers fast and easy short-term loans to South Africans.

They understand that life can throw unexpected financial hurdles, and they are committed to providing their clients with the financial support they need. Their online platform is easy to use, and their application process is fast and hassle-free.

Flexible repayment terms you’ll love

One of the most significant benefits of Hoopla loans is their flexible repayment terms. They offer repayment periods of between 4 and 35 days, giving clients the option to repay the loan when it suits them best.

This flexibility means that clients can choose a repayment period that fits their budget and financial circumstances, making it easier for them to repay the loan on time.

Responsible lending all the way

Hoopla Loans is committed to responsible lending, and they take the time to assess each application carefully.

They only lend to clients who can afford to repay the loan, and they have strict affordability checks in place to ensure that clients are not overburdened with debt. They also offer free financial advice to help clients manage their finances and avoid getting into debt.

Quick online approval

Applying for a loan with Hoopla loans is easy and convenient. Clients can apply online from the comfort of their own homes or on the go using their smartphones or tablets.

The application process takes just a few minutes, and clients can expect to receive a decision within minutes. Once approved, the funds are transferred to the client's bank account within 24 hours.

Transparent fees and charges

Hoopla Loans is committed to transparency when it comes to fees and charges. They provide clients with a clear breakdown of all fees and charges associated with their loan, so clients know exactly what they are getting into.

They don't charge any hidden fees, and they don't charge penalty fees for early repayment. This transparency means that clients can make informed decisions about their finances and avoid any nasty surprises.

Hoopla Loans Services

They offer a range of loan options to suit different financial needs. Their payday loans are designed to provide quick cash relief for those who need it, with loan amounts ranging from R100 to R8,000.

Personal loans are also available for those who need to borrow larger amounts, with loan amounts ranging from R8,001 to R20,000. If you need a bigger loan for a longer term, they offer long-term loans with loan amounts ranging from R20,001 to R250,000.

The repayment terms and interest rates vary depending on the loan option you choose, but Hoopla Loans works with a wide panel of lenders to provide competitive rates and flexible repayment terms.

In addition to these loan options, they also offer debt consolidation loans and insurance products to help their customers manage their finances effectively.

Benefits of getting a payday loan with Hoopla Loans

  • Quick access to cash: With Hoopla Loans, you can get access to cash quickly, often on the same day that you apply. This can be especially helpful if you have an unexpected expense that needs to be taken care of immediately.
  • Convenient online application process: You can apply for a payday loan with Hoopla Loans entirely online, which can be a more convenient option than having to visit a physical lender in person.Wide range of loan amounts: Depending on your needs and financial situation, you may be eligible for a payday loan ranging from R100 to R8,000 through Hoopla Loans. This flexibility can help you find a loan that's the right fit for your specific needs.
  • Easy repayment terms: Hoopla Loans allows you to choose a repayment term that works for you, giving you the flexibility to pay back your loan on your own terms.
  • Assistance for all types of credit profiles: Whether you have good credit, bad credit, or no credit history at all, Hoopla Loans has a wide panel of lenders that may be able to help. This can be especially helpful if you've been turned down for loans by other lenders in the past.
  • No hidden fees: Unlike some lenders that may charge hidden fees or high-interest rates, Hoopla Loans is transparent about their rates and fees, so you'll know exactly what you're getting into before you apply.

 

Hoopla Loans – Payday Loan

  • Loan Type Payday Loans
  • Loan Amount up to R8,000
  • Repayment 1 month to 6 months

Benefits of Hoopla Loans

  • Bad credit clients can apply
  • Easy online loan application
  • Competitive interest rates

Payday Loan calculator

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

Apply online and get a decision in just minutes with Hoopla Loans

Hoopla Loans offers payday loans, which are short-term loans that allow borrowers to get cash quickly to cover unexpected expenses.

The process is simple and easy - borrowers can apply online by filling out a quick application form and receive a decision within minutes. Once approved, the funds are transferred directly to the borrower's bank account.

To apply for a payday loan from Boodle you must:

  • be a South African citizen or permanent resident
  • be 18 years or older
  • have a valid South African ID document or passport
  • have a stable source of income, either through employment or self-employment
  • have an active bank account in your name
  • provide proof of address, such as a utility bill or bank statement
  • provide contact details, such as a phone number and email address
  • not be under debt review or have any active debt counselling agreements
  • not have a history of defaulting on loans or payments.

Documents that Hoopla Loans may require for a payday loan application

  • Valid South African ID or Passport
  • Proof of residence, such as a utility bill or lease agreement
  • Proof of income, such as payslips or bank statements
  • Proof of employment, such as an employment contract or letter from your employer
  • Bank account details, so that the loan can be deposited directly into your account.

Now, here’s the application process you can expect:

  1. Fill out the online application form: Provide some basic information about yourself, including your employment details and income.
  2. Submit your application: Once you have filled out the application form, submit it online.
  3. Wait for a response: Hoopla Loans will then match you with a lender who can provide you with the loan you need.
  4. Review and sign your loan agreement: Once you have been matched with a lender, you will receive a loan agreement. Review it carefully and sign it if you agree with the terms.
  5. Receive your funds: After you have signed your loan agreement, the funds will be deposited into your bank account.

With a wide panel of lenders and loan options to choose from, they provide a convenient solution for your financial needs. Whether you need a payday loan, personal loan or short-term loan, they’ve got you covered.

Their simple application process and flexible repayment options make it easy for you to access the funds you need, when you need them.

With their commitment to excellent service and customer satisfaction, you can rest assured that you’re in good hands. Choose Hoopla Loans today and experience the benefits of a trusted online loan platform!

Hoopla Loans Contact

Contact Number

E-Mail

  • not available

Website

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