Bonus Buddy Loans Review

https://best-loan.co.za/Bonus Buddy
Easy to apply
4.5/5
Approval time
4.0/5
No hidden condition
4.5/5
Renewal rules
4.5/5
Service quality
4.0/5
Customer support
4.5/5
Borrower requirements
  • You must be 18+
  • Reside in the SA and have a valid ID
  • Provide proof of your income
  • Have an active checking account
Optional
  • Bank account
  • Credit or Debit card
Contact information
Phone number: +27 (0) 41 922 8843
Shedule
Monday - Friday 08:00 - 18:00
Mon
Tue
Wed
Thu
Fri

Bonus Buddy loans in South Africa are personalised credit solutions tailored to meet short-term individual needs. They can be used to pay for unexpected expenses and emergencies. They can also be used for a birthday loan if you’re a government employee and are eligible to receive a bonus during your chosen month. The great thing about this type of loan is that there are no extra supporting documents required. All you have to do is use the calculator and find out how much you can borrow based on your expected bonus.

Loan parameters
  • Loan amount
    R1,000 – R4,000
  • Interest
    10%
  • Term
    7 – 60 days
  • Age
    18+ years

What is a Bonus Buddy Loan?

A Bonus Buddy Loan is a unique short-term loan that allows you to borrow money using your annual bonus. It is a great option for people who have been denied credit cards in the past because they have poor payment history, and it offers you a way to quickly get your bonus cash credited into your account.

One of the main advantages of getting a Buddy Loan is that it does not require you to provide any collateral for the money. This makes it much easier for you to apply for the loan, as well as ensures that the money is disbursed quickly so that you can use it as soon as possible. It also helps you to plan your finances and repay the money in a period that is comfortable for you. Another benefit of a Buddy Loan is that you can avoid hard inquiries on your credit report.

How much can I borrow with a Bonus Buddy Loan?

Bonus Buddy loans are a unique form of short-term lending in South Africa. They allow you to borrow a maximum of 20% of your annual bonus. You can use this to pay for your wedding, purchase a new car or even pay off debt. You can apply up to 60 days before your bonus month and get the money credited into your account on the same day.

Another benefit of this type of loan is that it doesn’t require you to attach any collateral to the loan. This is an important advantage as it can make it easier to obtain a loan with bad credit. Also, many banks will disburse the amount in a brief period of time to ensure that you can receive your money quickly. You should always remember to make timely payments and avoid unnecessary hard inquiries that can negatively impact your credit score. It’s also a good idea to have your spouse co-sign for you so that both of you can benefit from the loan.

If you’re looking for an affordable short-term loan to pay for your birthday or any other special event, Bonus Buddy loans are the perfect solution. Apply online and get a quick and convenient payday loan that will be paid back using the money from your expected bonus. They’ll also help you with your budgeting by providing a personal finance calculator that will give you an accurate figure on the repayment amount.

Bonus Buddy loans are short-term personal credit solutions tailored to meet your individual needs and financial expectations. Government employees are particularly well-suited to Bonus Buddy as they are guaranteed their bonuses every year and can use their salary to repay the loan. These quick loans are easy to apply and don’t require any extra supporting documents.

Easy to repay

Unlike other short-term loans, the repayments for Bonus Buddy are easy to understand and repay. The loan is calculated on the amount of your total gross salary – meaning that no extra supporting documents are required. Once you have approved the loan you can choose your repayment schedule, which is flexible enough to accommodate your budget. Depending on the amount of your salary you can borrow from 20% up to R4000, all with no credit checks.

Top of the class

The company is headquartered in Port Elizabeth, but serves customers across southern Africa. The site boasts a slick online application process and the customer service is top notch. The company specializes in providing personalised credit solutions to meet short term and long term financial needs and goals. The site consists of a highly efficient, customer focused team of dedicated professionals. The website offers a wide array of products to suit every budget and borrower’s needs. The most popular products include car loans, payday and personal loans, credit cards, mortgages and unsecured credit products. Using the most up to date information, the company aims to provide its borrowers with the best possible customer service experience.

Bonus Buddy Loans

Unlike most banks that are a pain to deal with, this division of SanFen Financial Services is one of the most convenient ways to get a quick cash advance. Their nifty loan calculator allows you to find out exactly how much money you can borrow on your next bonus check, and how long it will take to pay back the loan. The cool part about the calculator is that it’s free and available to you anytime, anywhere in South Africa.

Best personal loan for your big financial need

It’s not just the old fashioned bank that can lend you a buck, in fact, there are many online lenders offering personal loans of all shapes and sizes. There are also plenty of loan comparison sites that will help you find the best deal for your unique needs.

A good personal loan will allow you to consolidate your debt, cover your large ticket items like a new vehicle or a wedding expense, or even fund a home improvement project. These are all smart ideas that will save you time and money in the long run.

The most important thing is to choose a reputable lender that can deliver the goods in a timely and cost-effective manner. This will save you from the sting of paying exorbitant interest rates and keep your credit rating in top form.

Your comment

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Nompumelelo Ndaba
17 November 2023
Taking a loan online through this service was a real gift. The registration process turned out to be transparent and successful.
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Testimonials

Lerato Nkosi
I appreciate the convenience of online loan services for those moments when I\'m short on cash. When an urgent payment arises, there\'s always a lending company ready to assist. While there\'s a slight premium to pay later, the interest rates are quite reasonable.
Nokuthula Fourie
I use not the first time and every time only positive reviews. Quickly issue the necessary money at low interest rates.
Bruce Sibisi
Online loans have saved me several times and everything has been great. Like online filing and money comes the same day after approval.
Johannes Joseph
They approved the loan to me almost immediately, everything is very fast and cool without unnecessary red tape! Thanks!! You are best!
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