1. Personal Loans (R8,000 – R40,000)

This is their main product for larger expenses. First-time customers start at R8,000. After successful repayment, you can qualify for more. You can choose 6, 12, or 24-month repayment terms. Interest rates start from 24% per annum.

2. KwikAdvance (R100 – R2,000)

This is for quick cash flow needs. You pay it back on your next payday. It’s useful for emergencies before month-end. The application is very quick.

3. MobiMoney Facility (Up to R10,000)

This is a revolving credit facility. You register once and access funds when needed. It’s like a credit card but simpler. Repayment terms are flexible between 1-3 months.

1. FASTACash (R800 – R8,000)

Money goes directly into your bank account. You can use it anywhere for anything. Repayment over 1, 2, or 3 monthly instalments. This is the most flexible option.

2. FASTACard (R500 – R8,000)

This is a virtual Mastercard. Use it for online shopping anywhere. Good for Netflix, Uber, and online stores. Works with Snapscan for in-store payments. The card exists only digitally.

3. FASTACheckout (R500 – R8,000)

This works at partner online stores only. Select FASTA as payment at checkout. Money goes directly to the merchant. Repayment up to 4 months for this product.

Self-Employed Applicants:

FinChoice may accept self-employed applicants with bank statements. FASTA requires verifiable income for 90 days. Both lenders will check your bank transactions to confirm income.

Step 1: Visit www.finchoice.co.za or call 0861 346 246

Step 2: Choose your loan type (Personal, KwikAdvance, or MobiMoney)

Step 3: Fill in the online application form with personal details

Step 4: Upload required documents (ID, proof of income, bank statements)

Step 5: Submit before 3pm for same-day processing

Step 6: Receive instant decision or within 24 hours

Step 7: Review and sign loan agreement electronically

Step 8: Money paid into your account within 24 hours

Step 1: Visit www.fasta.co.za

Step 2: Register with basic personal details (3-5 minutes)

Step 3: Choose your product (Cash, Card, or Checkout)

Step 4: Select loan amount and repayment period

Step 5: Connect your internet banking (no documents to upload)

Step 6: FASTA automatically verifies your income and affordability

Step 7: Receive instant decision (sometimes under 5 minutes)

Step 8: Money available instantly to 48 hours (depends on your bank)

• Much larger loan amounts available (up to R40,000)
• Longer repayment periods reduce monthly instalments
• Interest rates can be competitive (from 24%)
• Multiple product options for different needs
• Established company with HomeChoice reputation
• First 6-month loan can be interest-free (promotional)
• Existing customers can access higher amounts
• Optional protection plan for job loss or disability
• Can skip a payment in some circumstances

• Fees not disclosed upfront (must apply to see costs)
• Requires document uploads (more effort)
• Can take up to 24 hours for approval
• No physical branches for face-to-face help
• Some customer complaints about service issues
• Lower maximum than bigger banks (only R40,000)
• First-time customers limited to R8,000
• Must wait for approval before seeing full costs

• Incredibly fast approval (some under 5 minutes)
• Very low interest rate (3% per month)
• No paperwork needed (automated verification)
• Completely transparent costs shown upfront
• Three innovative product options
• Virtual card option for online shopping
• Instant funding in some cases
• Easy self-service platform
• Short loan terms prevent long-term debt

• Very small maximum amount (only R8,000)
• Very short repayment terms (1-3 months)
• High monthly payments due to short terms
• Requires R6,000 minimum monthly income
• Mandatory credit protection adds to cost
• Must have internet banking access
• Some customer service complaints
• No option for larger or longer-term loans
• Not suitable for major expenses

Check NCR Registration:

• FinChoice: NCRCP434 and NCRCP8162
• FASTA: NCRCP10591
• Verify at www.ncr.org.za or call 0860 627 627

Official Contact Details Only:

• FinChoice: 0861 346 246 | www.finchoice.co.za
• FASTA: 083 123 7226 | www.fasta.co.za
• Never use phone numbers from WhatsApp messages or SMS

• ❌ Anyone asking for money before you receive the loan
• ❌ Interest rates below 11% (current prime rate is 11.25%)
• ❌ No credit check required for large loans
• ❌ Guaranteed approval promises
• ❌ Pressure to pay “processing fees” urgently
• ❌ Requests to pay via gift cards or cryptocurrency
• ❌ Email addresses from Gmail, Yahoo, or Hotmail
• ❌ Meeting in person to “sign final documents”
• ❌ Asking you to move conversation off Facebook to WhatsApp

Act immediately:

1. Contact your bank immediately to freeze your account
2. Report to SAPS (South African Police Service) and get case number
3. Report to SAFPS at 083 123 7226 or www.yima.co.za
4. Contact National Credit Regulator at 0860 627 627
5. File complaint with Banking Ombudsman at 0860 800 900
6. Check your credit report for fraudulent accounts
7. Register for Protective Registration at SAFPS

⚠️ REMEMBER: Legitimate lenders NEVER ask for upfront fees. Both FinChoice and FASTA take fees from the loan amount itself. You never pay money to receive money.

• You need more than R8,000
• You want to spread payments over 6-24 months
• You need lower monthly payments
• You’re planning for home renovations or vehicle repairs
• You can provide payslips and documents
• You want multiple product options
• You’re willing to wait 24 hours for approval

• You need R8,000 or less
• You need money very urgently (within hours)
• You can pay back within 1-3 months
• You earn at least R6,000 per month
• You have internet banking access
• You want transparent costs upfront
• You prefer fully digital, paperless process
• You need money for online shopping

Our Recommendation:

For small emergencies under R8,000 that you can repay quickly, FASTA is faster and more transparent. For larger expenses that need longer repayment, FinChoice offers better flexibility. Both are legitimate NCR-registered lenders.

Free Debt Counselling Resources:

• National Debt Mediation Association: 0861 662 837
• Debt Counsellors Association of SA: 087 943 2423
• National Credit Regulator: 0860 627 627