FAQs

Payday Gorilla is your online helper when it comes to finance shopping over all banking, lending and investment categories in South Africa. Once you have told us what you are looking for, we will provide you with options of suitable providers. You can think of us as a financial supermarket that provides you with alternative options.

Payday Gorilla compares different loan options, personal finance, business finance, investments and travel. Payday Gorilla is your easy comparison website for all categories in the financial sector. Find everything you need right here!

It’s a free service! Payday Gorilla gets paid by our partners in the form of commissions. It is free for you!

Payday Gorilla offers payday loans online for up to R5,000 and a line of credit for up to R50,000. You can apply for a loan amount according to your current financial requirements. Make sure you can afford to repay your loan on the due date.

Sure! You can read up on all the different banks. You can also compare the different banks in any one of Payday Gorilla’s sections. Apply at as many as you would like – Once you have clicked “apply now”, you will deal directly with that company.

There are generally three charges that a lender will make:

• Initiation fee
• Service fee
• Interest rate

The actual amount of money that each of these charges will cost you depends greatly on which lender you decide to go with.

The basic documents you will need are a copy of your:

• ID
• Proof of residence
• Latest pay slip
• The last 3 months’ bank statements

All the lenders we accommodate on the PaydayGorilla.co.za platform allow you to apply online for a loan.

We work closely with the lenders we partner with. They are all registered credit providers. Every lender we present on PaydayGorilla.co.za is registered and legally allowed to offer loans in South Africa.

At Payday Gorilla, we work closely with our partner banks, allowing us to keep up to date with their cost structures. We pride ourselves on being at the forefront of financial information and updates to our partner cost structures.

Payday Gorilla puts all banking information right in front of you. It means you do not have to go to each bank’s website and tediously find the information there. We have already done that, and everything you need is on this website.

You will be required to repay your loan in monthly installments. The monthly installments will include interest and a monthly service fee. Also, remember that every loan has an initiation fee.

Being blacklisted does not necessarily prevent you from being able to access a loan. Some lenders do accept blacklisted clients and may provide payday loans for blacklisted. It will just take a little more time. You will need to shop around for the lenders that can assist you.

We are available all day, every day. Please message us in the contact form section or email us at [email protected]. We will answer all your questions.