Rating based on 11 reviews

Hoopla Loans

  • Short-term Loans up to R250,000
  • Low-interest starting from 20%
  • Repayment up to 60 months

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

About Hoopla Loans

If you're looking for a safe, reliable and quick loan agreement, then Hoopla Loans is for you.

They work purely as an online broker that will connect you with registered NCR-licensed lenders. Everyone that meets the basic requirements is welcome to apply.

When considering a loan for home improvements, to finance a wedding, a long-deserved trip, or to buy those expensive specs you’ve always wanted, a personal loan is quite the save! Applying online is quick and easy and it won’t take as much of your time waiting for a reply from a bank.

Access SA’s leading lenders in minutes

After completing a safe and quick loan application form on their website, you'll be able to access various lenders in South Africa.

A lending decision may be provided to you instantly online, or the lender may contact you via telephone or email to advise you of their decision.

A four-star rated broker

Hoopla Loans is a well-known, legitimate company with a 4-star rating. They’ve been competitive in the online market for the past 5 years.

They don’t only have one of the best approval rates, but to top it all off, people with bad credit histories can also apply.

Benefits of Hooplas broker services

Why apply at different loan agencies, when you can have one broker that provides you with many different options?

Hoopla Loans has a company mission to help people who need it the most. Their exceptional services are geared towards efficiency and ensure you get a quick response to your needs. They also ensure you access low-interest rates which vary between lenders.

Hoopla Loans Services

The amounts offered range between R100 and R250,000 and you can apply online wherever you are in South Africa.

They also have eight other loan types, namely:

  • Payday loans – A payday loan is a short-term loan, which you might need for emergency expenses. It can keep you going until you receive your next salary. It offers small amounts between R 100 and R 8 000 which you can use for around 3 to 6 months and repay in monthly instalments.
  • Short-term loans – this loan is similar to a payday loan. You can use this over a few months to pay for any emergency expenses, and the repayment amount could be repaid equally between 3 and 60 months.
  • Gauteng payday loans – this is a short-term loan, used over a few weeks or months to assist you with emergencies or small debts/bills, which can be paid over 3 – 60 months.
  • Western Cape payday loans – like the Gauteng payday loans, offer you the opportunity to pay for any pressing matters, however, this loan should only be used for short-term purposes which need to be repaid by your next payday date.
  • Bad credit loans – With an 84% approval rate, Hoopla is probably the best company to provide you with an affordable loan offer today. After filling out the application, results will be quickly processed.
  • Fast and instant cash loans – this can help you pay for any emergencies in a very short time frame. After submitting your application, you will receive possible lenders who offer instant cash loans. If you’re approved, the money will be transferred immediately into your bank account.
  • Urgent online cash loans – Hoopla loans work not only with banks but with major micro or payday lenders to offer you urgent cash loans. Instead of waiting a week for approval from a bank, you will have the convenience of a speedy process and money transferred to you.
  • Debt consolidation loans – bring you immediate financial relief, by reducing your monthly expenses as well as improving your monthly budget. This can benefit you by helping you keep a good credit record as it will make it easier for you to pay off your debt.

Hoopla Loans – Short-term Loan

  • Loan Type Short-term Loans
  • Interest Rate 20112% p/a
  • Loan Amount up to R250,000
  • Repayment 2 months to 60 months

Benefits of Hoopla Loans

  • 100% free to apply
  • Loans up to R250 000
  • Easy online application

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.

Personal loan application process with Hoopla

In order to apply for your desired Hoopla loan, you’ll need to fill out the application on their website. In seconds it’ll be sent to different lenders.

Once you’re approved and in agreement with the offer, you’ll need to sign a contract to complete your loan offer. If approved by you and the lender then the agreed amount will be transferred into your account within a short time frame.

Hoopla Loans eligibility

In order for you to be eligible to apply for a loan via Hoopla, you should meet the following requirements:

  • You must be at least 18 years of age
  • South African Citizen or Resident with an ID number
  • You must be in permanent employment
  • You should earn a monthly income of at least R 4 000
  • You should not currently be under debt review
  • You must agree to a credit check

Requirements to apply for a Hoopla loan

  • You’ll need to be a South African citizen
  • Good work history is important for quicker approvals
  • Being available as the lenders might just need some information from you, or to do a privacy check
  • Another way to help with a quicker reply is by applying during work hours

With a personal loan, you’ll be able to take out a much higher amount. With the repayment period being much longer, you can be assured of a comfortable repayment method.

The benefits don’t stop there!

Not only is it incredible to receive such a swift reply and approval but if you’re really in desperate need, you can shorten the time of receiving the money even more!

If you have a bad credit record, don’t worry too much, as stated above, you can also apply.

Hoopla Loans 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