Rating based on 12 reviews


  • Short-term Loans up to R8,000
  • Low-interest up to 123%
  • Repayment up to 3 instalments

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


FASTA is a unique Fintech platform that you can use to access a short-term loan of up to R8,000.

A division of Knickle Holdings, FASTA is a registered credit provider with thousands of loyal customers.

Your financial well-being matters to FASTA and it shows

In addition to offering some of the country’s most advanced short-term credit solutions, they’re committed to boosting financial education and helping you get and keep your finances in order. Enjoy their trendy financial blog posts and keep up to date with this innovative fintech company by following them on social media.

They offer regular loans that can be credited to your account, credit paid into a virtual account that you can use to shop online, and credit that you can use to pay for online goods and services from FASTA’s network of retail partners.

Automated decision-making process

A major advantage of FASTA is that they use the latest technology to make lending decisions. This means that you have little to no chance of having to deal with human error and bias.

This doesn’t mean that there’s no support behind the scenes. If you have any problems, for instance, with your application or using your credit, you can quickly obtain the support you need.

The entire process can be completed online so you can rest assured that you will receive your credit as quickly as possible. If you’re declined, it’s best to wait at least a month before making another loan application.

Three ways to get your FASTA credit

Credit is paid into your bank account, your FASTA virtual card, or on checkout on a participating retailer's website.

Here’s a snapshot of their credit delivery methods:

  1. FASTACash: This is a typical short-term loan transferred via EFT to your bank account. It’s paid over immediately but may take up to two days to reflect.
  2. FASTACard: Your loan is credited to a virtual card that you can use to make purchases and payments online.
  3. FASTACheckout: If you’re looking to purchase from one of FASTA’s retail partners, you can click on FASTACheckout and complete the loan application via the retailer's site. FASTA then pays for the goods and services in your cart and you repay the total amount, plus credit, according to the agreement.

Three-month short-term loan repayment term

You have up to three months to repay your FASTA credit product. This offers you more time than a payday loan would but doesn’t unnecessarily extend loan terms like many other short-term loan products on the market.

Remember, the longer your loan term, the more you'll end up paying in terms of both interest and fees.

This is easily avoided by choosing the shortest loan term based on how much you can afford to pay monthly as a repayment.

How much will a FASTA loan cost you?

In addition to a 3% interest rate, you’ll pay an R870 initiation fee, an R126.67 insurance fee, and a R69 monthly service fee. FASTA is a transparent lender and has no qualms about showing you exactly how much their services cost.

FASTA – Short-term Loan

  • Loan Type Short-term Loans
  • Interest Rate 123%
  • Loan Amount up to R8,000
  • Repayment 1 instalment to 3 instalments

Benefits of FASTA

  • Affordable short-term loans
  • Virtual card credit
  • Flexible repayment terms

Short-term Loan calculator

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

Apply for a FASTACash short-term loan online

What makes FASTA unique is that their entire application is completed digitally. This means you complete the application without any interference from consultants.

Do you qualify for a FASTA short-term loan?

  • Have a South African ID number
  • Be aged 18 or older
  • Able to show a steady income over the last three months
  • Have access to online banking

Why do you need access to online banking?

Since FASTA is one of the country’s most advanced lenders, you shouldn't expect them to do things like everyone else!

You don't have to upload your payslips and bank account statements to get loan approval. All you need to do is login to your online banking when prompted and allow them to access your 90-day transactional history.

Who are FASTA’s retail partners?

  • Mechanic
  • Phonetradr
  • Queenspark
  • 4Months
  • Furniturespot
  • ComputerMania
  • S.P.C.C
  • PrimePersian
  • Digicape
  • Cubot
  • Dial-a-Bed
  • Snapcraze
  • Mia
  • Bad Emporium
  • Buco
  • BeesHair

How to apply for a loan with FASTA

You can visit FASTA’s website and complete their simple online loan application process or use the application process made available on the various retailer's websites mentioned above.

Here is the step-by-step application process for a FASTA card:

  1. Go to FATAS’ website and select the digital card option
  2. Select how much you want to borrow
  3. Choose your ideal repayment term
  4. Click on the application button to get going
  5. Complete the application form online
  6. Your details for your FASTACard will be sent to your mobile phone by SMS

How quickly does FASTA payout?

If you apply during the week your application and payout will be processed immediately. If you happen to apply over the weekend it'll be processed on the very next business day. It should take no longer than 2 days for a term loan to reflect in your account.

Other important details to note about FASTA’s loans

You will need to create an account when taking out a loan. You can login to this account to view amounts owned, view your settlement figure (should you wish to repay your loan early), and request a new loan.

You don’t have to upload documents, only login to your online banking and the rest will be taken care of automatically. You cannot change your repayment date once you’ve approved the DebiCheck mandate.

Repaying your FASTA loan via DebiCheck

The DebiCheck mandate has been introduced to help protect South African consumers from unauthorised debit orders. When you take out credit with FASTA, you will need to approve the DebiCheck mandate in order to receive your credit.

This will be done using a simple notification to your phone which will direct you to approve the mandate. This will essentially confirm the amount that will be withdrawn or debited from your account to repay your loan on a monthly basis.

FASTA’s customer support service

The customer service portal is one-of-a-kind and will allow you to submit a ticket and have your issue resolved as quickly as possible. A member of the FASTA team will assist you within four hours. This service is available online via the FASTA website.

man holding thumbs up

FASTA is a trusted & reliable provider of short-term loans

In our review, FASTA 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.

✅ FASTA is a registered credit provider in South Africa: NCRCP10591

FASTA Contact

Contact Number

  • not available



Physical Address

  • 3rd Floor, Spaces, Dock Road Junction, Cnr Stanley & Dock Road, V&A Waterfront Cape Town Western Cape 8001 South Africa
  • Get Directions

Opening Hours

  • not available