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MyLoan Reviews 

8,775
•
TrustScore 4.5 out of 5

4.4

Non-bank financial service
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Review summary

Created with AI, based on recent reviews

Looking at 5,147 reviews, reviewers overwhelmingly had a great experience with this company. Customers frequently mention that the online application process is remarkably quick, straightforward, and very easy to complete without dealing with tedious paperwork or long queues. People also deeply appreciate the exceptionally fast payout speeds, noting that requested funds often arrive in their bank accounts almost instantly. Some people were dissatisfied with unexpected loan amounts or rigid repayment dates that did not align properly with their personal payment schedules. A few reviewers also mentioned recurring frustrations regarding difficulties with receiving the exact funds they originally applied for or expected to get.

What people talk about most

Service

Reviewers mention positive feedback about service, noting it is fast, efficient, and professional. Customers... See more

User experience

Consumers find user experience to be very satisfying, praising the quick and fast service without long queues... See more

Payment

People report positive experiences with payment, highlighting extremely quick payouts and efficient service.... See more

Response time

Reviewers highlight positive aspects of response time, consistently noting the efficient and fast turnaround.... See more

Customer service

Clients share positive opinions on customer_service, noting that representatives are helpful, professional,... See more

Reviews shaping this summary

Rated 5 out of 5 stars

I obviously wasnt sure if this was legit. Everything was done efficiently and professionally. I needed fast cash for my business. Your turnaround time is on point.

Rated 5 out of 5 stars

They dont take much time to answer. No payslips, id copies needed like any other loan companies, you just fill in their form with a 3 months bank statement. My problem is that, they dont tell you the... See more

Rated 5 out of 5 stars

First time applying for a loan around 10pm and funds deposited within 2min thanks to you guys keep you the good job 👍🙏

Rated 5 out of 5 stars

Am happy that it accepted me, en the 500 it sent to my account helped me alot even though it was not the amount I applied for, I just need to know is this the process you guys go through before giving... See more

Company details

  1. Non-bank financial service
  2. Finance broker

About MyLoan

Written by the company

MyLoan was formed to serve South African consumers. MyLoan helps you to find and compare the best loans available online. Our service helps you and our credit provider partners to find each other – so that your temporary cash need is serviced. We want you to be able to fulfil your dreams, or maybe get over common challenges, at the best prices. Most importantly, we want this to happen quickly, in a safe environment and totally free. Our partners are widely known and trusted South African lenders with the appropriate moneylending licenses.
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4.4

Excellent

TrustScore 4.5 out of 5

9k reviews

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4.4

All reviews

(8,775)

4,938 reviews in the last 12 months

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Rated 1 out of 5 stars

I am not happy with the deduction day…

I am not happy with the deduction day when I specifically said I get paid on the 25th of every month but repayment is expected on the 21st of August.i don't know if it's possible to fix the dates otherwise I don't have it on that day

28 July 2026

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