1 Hour Payday Loans

Bad credit OK, No Credit Check, No Documents Required, Up To R50,000

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Exclusive and best payday loans in South Africa with no paperwork formalities. Applying won't affect your credit score, so apply with no fear!

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Payday Loans in South Africa are in your bank account within 1 hour of approval. No credit Check and bad Credit are accepted.

Payday Loan South Africa- Quick Facts

  • In most of the cases, you can borrow between R100 to R5,000.
  • Generally, repayment terms are set at 30 days for payday loans.
  • As the name indicates, payday loans total repayments fall on your next paycheck.
  • Unlike traditional loans, payday loans promise to be approved quickly and funded in under 1 hour or so.
  • Payday loans are offered at higher interest rates and fees than other credit products.

1 Hour Payday Loans- When You Need Money ASAP!

In life, unexpected expenses sometimes pop up, and most people don’t have enough money to cover them. While some people reserve cash for rainy days, sometimes even the best plan can’t work well. For instance, a pending bill might come at an awkward time, and it might be much bigger than your expectations.

At Paperless Payday Loans, we deeply understand how stressful it can be when you face a bill you can’t pay. The good news is that we are here to offer you a solution in the form of the best online payday loans in 1 hour.

Our 1 hour payday loans are a dependable solution for all your emergency cash needs. We’ve successfully assisted numerous South Africans, providing the funds they require at competitive interest rates and without any complications.

What Are 1 Hour Payday Loans?

1 hour payday loans are a type of short-term financing that provides a small amount of cash to consumers facing a sudden cash shortage. Basically, they are payday loans that offer small sums of money, typically ranging between R100 and R5,000, that must be repaid over a brief period of time.

Generally, 1 hour payday loans are due until the borrower’s upcoming pay cheque. This repayment window might be too tight for some borrowers, which usually falls between 2 and 4 weeks. However, due to the new payday loan model, payday loans in South Africa now offer less restrictive repayment schedules.

Today, payday lenders allow borrowers to repay the loan over a couple of months, making payday loans more effective, affordable, and easy for customers. Our 1 hour payday loans online direct lenders promise to provide instant approval in under 1 hour or less. Once approved, money will be in your bank account on the same day of application.

Our payday loans 1 hour in South Africa can be easily repaid between 1 and 36 months, so you don’t need to struggle with your budget. However, remember that such loans are the best option when you need money urgently, but also keep in mind that they can be expensive and are not ideal for long-term solutions.

What Can You Do With 1 Hour Payday Loan?

Unlike traditional bank loans, the cash you receive from payday loans has no usage restrictions. This means you can use your loan amount to fulfill any purpose independently. In South Africa, most people use payday loans to get little cash help and cover their unforeseen household expenses, avoid late fees on bills, or pay for medical expenses.

Some common uses for a 1 hour payday loan include:

  • Utility Bills
  • Credit Card Bills
  • Seasonal Spending
  • Travel Expenses
  • Medical Emergencies
  • Rent / Mortgages

You can have peace of mind knowing that your payday loan will be transferred to you within 1 hour or less of approval. So, now only focus on unexpected situations because money is here for you!

Are You Eligible for A 1 Hour Payday Loan?

Before applying, meet with your lender’s eligibility to get a payday loan in 1 hour. Typically, you need to fulfill the following essential criteria:

  • Be over 18 years old,
  • Be a citizen or permanent resident of South Africa,
  • Hold a valid and active South African bank account,
  • Have a reliable source of income and,
  • Most importantly, the ability to repay your loan on the agreed date.

If you meet all the above eligibility criteria, congratulations!! You can apply for 1 hour payday loans in South Africa with us. Our application process is simple and easy, and cash is disbursed within 1 hour or even minutes after approval. So, why wait? Apply today and get the cash you want.

The Pros and Cons Of 1 Hour Payday Loans

What Good? What Bad?
If approved, you will receive funds within 1 hour or the same day of application. Usually, 1 hour payday loans are offered at higher rates and fees than other loans.
People can easily apply for 1 hour payday loans online from anywhere and anytime within a few minutes. Any type of payday loan is only ideal for short-term and emergency financial situations. They are not designed as a long-term financial solution.
A bad credit history doesn’t disqualify you from applying for payday loans. Due to high-interest rates and fees, many people can’t repay their payday loans on time and are trapped in a debt cycle.
Primarily, lenders who offer 1 hour payday loans provide it with no credit checks.

Can I Apply For 1 Hour Payday Loans with No Credit Check?

Your credit history is the most important thing for you as a borrower. No matter what type of lender or credit product you choose, everyone considers your credit rating before approval. However, having an excellent or good credit score is not always necessary. A bad credit score doesn’t mean you can’t secure a payday loan with no credit check.

When you apply for 1 hour payday loans with no credit check in South Africa, our direct lenders will likely perform a soft credit check and leave a traditional hard credit check of your credit history. This will give a perfect overview of your current financial status, but don’t worry; it won’t affect your credit score.

By conducting a soft credit check, your lender can easily assess your eligibility for the payday loan you’ve requested. The entire process is automated and electronically completed within a few minutes, so you can rest assured that you won’t have to wait long for a decision.

Once you’re approved for the loan, carefully review your loan contract. If everything is in order, accept it by e-signing. Finally, the lender will disburse the cash directly into your bank account within one hour or the same day of your application.

1 Hour Payday Loans Alternatives

When you are facing unpredictable financial problems, applying for 1 hour payday loans is not compulsory to get fast cash. There are many alternatives to payday loans in South Africa, including credit card cash advances, personal loans with lower interest rates, and installment loans with longer repayment terms at lower rates.

The alternatives above are more reliable and sustainable in the long run compared to payday loans. They come with lower interest rates and longer repayment terms; your creditworthiness is not a deciding factor. However, personal loans are usually offered at slightly higher rates, but they are much lower than payday loans.

Are Payday Loans In South Africa Bad?

It is true that payday loans have a bad reputation not only in South Africa but in other countries as well. However, they are not all scams because many payday loan direct lenders adhere to responsible lending practices, which are safe.

Whether payday loans are good or bad depends totally upon particular situations and loan affordability. Some lenders offer payday loans in 1 hour and more affordable rates, so it’s important to compare all the payday lenders before applying.

1 Hour Payday Loan- Frequently Asked Questions

Can you get 1 hour payday loans with bad credit?

Yes, you could be eligible for a payday loan in 1 hour, even if you have a bad credit rating. However, remember that they can be more expensive than other loans.

Can you pay off a payday loan in South Africa early?

The short answer is yes. Lenders at paperlesspaydayloans.co.za allows you to pay your loan earlier without paying extra fees or penalties. Early repayment helps you save some money on interest.

Can you get a 1 hour payday loan if you’re on unemployment?

You don’t need to be employed to apply for a payday loan in South Africa. Usually, payday loans are approved even if you are unemployed. However, the applicant must provide proof of income from other sources, like government benefits.


John Mohinyana

He works as a freelance writer and continues to work in close contact with loan providers, brokers, and journalists in the finance market. It enables him to write honest and insightful guides about various credit products available in South Africa. John completed his graduation from the University of South Africa. He loves football and loves music of all kinds.