How To Apply For Sunshine Loan In South Africa

Since December 2020, Sunshine Loans, a South African lender, has offered short-term loans to South Africans needing money. 

The organization doesn’t require customers to visit its facilities to secure loan approval because it conducts business online.

Sunshine Loans offers affordable loan amounts, ranging between R500 and R4000. The straightforward repayment approach guarantees that customers can repay the loan without experiencing undue financial strain.

Advantages of Sunshine Loan

  • Sunshine Loan is a provider of rapid loans: Their application form should take just five minutes to complete. By the end of the business day, they usually finish processing your loan and deposit the money into your account. It’s a speedy loan.
  • The entire process is online: You will need more time to deal with time-consuming loan procedures. You are prepared to travel when you have SAID and your bank information. They always accept applications so that you can submit your application anytime. Sunshine Loans is aware that situations may not always turn out as expected, things might get challenging, and that planning does not always pan out.
  • They are devoted to securing responsible financing: Sunshine Loan is concerned about its obligations. Thus, they won’t lend you money if you can’t repay them.
  • Sunshine appreciates customer satisfaction: It retains significance because it’s a small debt. You may access all of this information in their private client area if you wish to apply for another loan, know your current amount, the status of your loan, or know when your payments are due.
  • Suitable for imperfect credit: Generally, you pay off your debts, even though it could take some time. Sunshine Loans will only penalize you if you’ve had bad luck or your credit report is perfect. In addition to cost, they are looking for recent repayment history.

Services Offered by Sunshine Loan

  • Payday Loans: Payday loans are small, brief, unsecured loans given to customers needing money temporarily. Our payday loans range from R500 to R4000 and must be paid back by direct debit from your upcoming salary.
  • Cash advance: A cash advance loan is often a seven-week, sub-R4,000 loan. They operate similarly to payday loans in that you may frequently get the money the same day you apply, and the repayment is automatically debited from your bank account when you receive your next paycheck.
  • Short-term loans: They offer a minimum length of four days. They always make payments on our loans. When talking about short-term loans, they often mean our loans, which are frequently spread over two to three months.
  • Personal Loan: Sunshine Loans offers unsecured personal loans of up to R4,000 that can be used to pay for unexpected expenses shortly. Repayments are deducted in reasonable amounts from future income payments to lessen the impact of this one-time event.

Unique Features of Sunshine Loan

  • Sunshine Loans stand apart because their loans are quickly approved and paid back. 
  • A decision on a loan application should be made within 60 minutes if it is submitted during regular business hours. 
  • Sunshine Loans processes loans seven days a week and often deposits the money after one business day.
  • Sunshine Loans bases its decision on something other than a credit check when considering your loan application. Additional elements include the borrower’s job history and recent repayment history. This implies that if a person meets all the other requirements set forth by Sunshine Loans, they may be eligible for a loan even though they have a low credit score.

Application Process For Sunshine Loan

  • Sunshine Loans can provide you with payday loans quickly, easily, and conveniently. If you request a loan early in the day, it will often be accepted and disbursed that same day. Loans granted before 5 o’clock are paid back the next business day.
  • You’ll access the Sunshine Loans website’s home page. From there, you may access the loan calculator to determine your borrowing capacity and the size of your repayments.
  • You can select the apply now button if the quantities displayed satisfy you. This will take you to the application page for payday loans.
  • You must complete the application form and submit it with the appropriate paperwork.
  • Sunshine loan will perform the appropriate investigations and inspections, and you will get an approval notification within 30 minutes.
  • Your loan will be paid off in 24 hours if it is accepted.

Guidelines For Sunshine Loan Eligibility

There are a few requirements that you must complete to qualify for a loan from Sunshine Loans: 

  • To begin with, you have to be at least 18 years old to be eligible. This minimum age criterion ensures that all borrowers can legally sign a loan contract.
  • In most cases, proof of South African citizenship, such as a driver’s license or other identification, is also required. 
  • Last but not least, having a solid employment history is essential to getting a loan from Sunshine Loans. 
  • Over the previous few months, your revenue should have been continuous and steady. An ongoing employment history shows the lender that you have the resources to repay the timely loan.

How Long Does the Sunshine Loan Process Take?

During regular business hours, often when they are open and staffed, Sunshine Loans processes loan applications. 

Borrowers can anticipate receiving a response to their application for a loan within a few minutes if they submit it within certain business hours.

Sunshine Loans will give the borrower a loan agreement to review if their loan application is approved. 

The conditions of the loan, including the sum borrowed, the interest rate, and the repayment schedule, will be outlined in this agreement.

Before electronically signing the loan agreement, borrowers must carefully read it since its provisions will obligate them. 

The loan money will be issued to the borrower after they electronically sign the loan agreement and indicate their acceptance of the terms.

Interest Rates and Costs for Sunshine Loans

The interest rates for each loan arrangement are flexible at Sunshine Loans. The loan interest rate is based on the loan amount and term. 

To figure out your costs, utilize the loan calculator on Sunshine Loans website.

Sunshine Loans places a high value on being open with its customers. The corporation specifies all service fees, initiation fees, and loan interest rates in detail in the original loan contract. 

By doing this, borrowers are protected from any unforeseen costs.

How To Contact Sunshine Loan

You email Sunshine Loan on

You can also contact them physically at Technopark at 25 Quantum Street, Stellenbosch, 7600, Western Cape.

Contact information: 0870 579 993

Frequently Asked Questions

Is Sunshine Loans a Reputable and Trustworthy Lender?

Yes, since 2020, Sunshine Loans has been a reputable lender that the National Credit Regulator (NCR) has authorized. The National Credit Act of 2005 created the NCR, a regulatory organization. 

It is in charge of policing and directing the South African loan market. The Loan has received mixed responses, with two favorable and three negative evaluations, according to customer reviews on In light of this, the overall ranking is average.

What makes Sunshine Loans a wise decision. 

How long does it take for a Sunshine Loan to disburse money?

The time it takes to get money from a Sunshine Loan can differ. Sometimes, you can get the cash the same day it’s approved or a few working days later. The lender’s procedures and the type of disbursement determine the precise timeline.

What happens if I cannot repay my Sunshine Loan by the due date?

It’s critical to contact the lender immediately to explain your position if you cannot pay back your Sunshine Loan on time. 

Depending on your situation, they might provide other repayment methods or offer advice. However, paying back the loan could result in further costs, penalties, and a good effect on your credit report.

How do Sunshine Loans work?

A financial organization in South Africa called Sunshine Loans offers instant access to cash to people who need short-term loans. 

They provide unsecured loans for individuals that can be utilized for various things, including debt consolidation, personal projects, and unexpected expenses.

How do I apply for a Sunshine Loan?

To apply, you can visit the Sunshine Loan company’s website or physical branches. A person can submit an application in person or online, and the procedure is typically simple.

Several papers, including bank statements, identity, and income evidence, will be required of you. Your financial status, the sort of loan you seek, and the repayment terms will all impact the loan amount and terms.


Sunshine Loans provides payday loans for a short period, ranging from $150 to $2,000. You can repay your loan sooner than expected without incurring penalties. 

Repayment terms vary from 9 to 16 weeks. This payday loan has monthly costs of 4% and an establishment fee of 20% of the total loan amount, similar to other payday loans. Bad credit individuals are welcome to submit applications to Sunshine Loans.