Lend Plus - Instant Payday Personal Loans with Fast Application

Lend Plus is a registered South African online lender offering quick, unsecured short-term personal loans from R500 to R4,000. 

The entire process is digital – you apply via their website or Android app, get approved in 15–30 minutes, and receive funds in your bank account or eWallet within an hour.

Lend Plus Loan Terms

• Loan amount: from R500 to R4,000
• Repayment term: from 5 to 90 days
• Interest rate: 0.17% per day, maximum 60% APR
• Initiation fee: 15% of the loan amount

Borrower Requirements

• South African citizen or legal resident with a valid SA ID
• At least 18 years old at the time of application
• Valid South African mobile phone number
• Active SA bank account receiving regular income
• Latest 3 months of bank statements in PDF format
• DebiCheck authorization for automatic repayments
• Applicants with poor credit or blacklisted status may still apply

Does Lend Plus check your credit score?

Yes. LendPlus may check your credit profile through credit bureaus before approving a loan. The lender also assesses affordability using your ID details, bank statements, income and existing financial obligations. A perfect credit score is not always required, but approval is not guaranteed.

How to Apply and Get a Loan in Lend Plus 

1. Create a profile using your mobile number (verified by SMS)
2. Upload your SA ID and last 3 months' bank statements
3. Use the built-in loan calculator to select amount and term
4. Submit your application – decision in 15–30 minutes
5. Sign the agreement and authorize DebiCheck
6. Funds transferred to your bank account or eWallet within 1 hour
7. The process is 100% online and available 24/7.

Repayment Conditions and Methods

Repayment methods

Debit order deduction

When you apply for the loan, Lend Plus arranges debit order deduction of your loan repayment from your verified bank account. The payment will be deducted on the due date. Please make sure there are enough funds in your account before or on the due date.

Payment via your personal account

If you decide to repay the loan before or after the payment deadline, an alternative payment option is available through our partners in your personal account at  lendplus.co.za/user/login

Options:

• Capitec pay
• EFT
• OZOW
• Pay in store
• Card

DebiCheck: Required for confirming automatic deductions

Where to check payment amount: Personal account or call customer care number +27 87 107 9722 (8AM–5PM Mon–Fri)

Other Terms

• Early repayment: Allowed and credited immediately; outstanding balance remains due on original date
• Loan extension/postponement: Submit application in personal account, pay accrued interest and commissions, sign agreement
• Late payment: Late fee applies if you pay after the due date; contact support to find optimal solution
• Grace period: Not explicitly stated for South African loans; late fee applies immediately after due date
• No judgments required: Applicants with negative credit history may still apply

Key Features

• Fully digital process - 100% online, no paperwork 
• Fast approval  - 15–30 minutes decision 
• Same-day payout  - Funds within 1 hour after approval 
• eWallet option  - Instant transfer on weekends/holidays 
• Open to bad credit  - Blacklisted applicants may apply  

Is LendPlus legal in South Africa?

LendPlus appears to be a legitimate South African lender. It operates as Lendplus Technology (Pty) Ltd and lists company registration number 2023/805154/07 and NCR number NCRCP17814. Borrowers should still verify the NCR number on the official National Credit Regulator register and check the full loan cost before applying.