Res Q Loans Review

https://best-loan.co.za/Res Q Loans
Easy to apply
4.0/5
Approval time
4.5/5
No hidden condition
4.0/5
Renewal rules
4.5/5
Service quality
4.0/5
Customer support
4.0/5
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) 74 225 2930
Shedule
Monday - Friday 08:00 - 17:00
Mon
Tue
Wed
Thu
Fri

Res Q Loans is a company that provides payday loans for residents of South Africa. Their loan process is entirely online and they help people to bridge the gap between paydays. They do this with groundbreaking technology systems that motivate speed and accuracy.

Loan parameters
  • Loan amount
    R500 – R1,000
  • Interest
    15%
  • Term
    10 – 35 days
  • Age
    18+ years

Easy to apply for

Res Q Loans offers easy to apply for payday loans that are guaranteed to help people bridge the gap between their current paychecks. They offer a convenient online application and provide customers with expert advice to ensure they make the right decision. They also have a quick approval process that means they can get the money to their clients as soon as possible. These loans are available for South Africans in Gauteng and are ideal for those who need fast cash.

Whether the foreign lender is in a controlling relationship with the South African borrower or not, a deduction of interest will only be permitted if the debt claim for which the interest is paid is effectively connected with a permanent establishment in South Africa. If this is not the case, the withholding tax rules will apply and the interest will be treated as a dividend.

The lending process at Res Q Loans is completely online and there is no need for face-to-face visits. The entire application and credit agreement is signed online and the customer can access their money as soon as they have been approved. They can use the cash to cover emergencies and other expenses until their next payday. The application process is easy to follow and it only takes a few minutes to complete. All you need to do is upload your identity document, 3 months bank statement, payslip and the latest proof of residence.

Convenient

When it comes to financial assistance, Res Q Loans has a variety of products to help you meet your needs. You can apply for a personal loan or credit card with them, and you’ll be kept up to date every step of the way. This company offers competitive interest rates and great customer service. Their website is easy to use and you can apply online from the comfort of your home or office.

Despite the ubiquity of smartphones, there are still many people in South Africa who cannot access digital banking services. This is especially true for rural areas. In addition, there are many other challenges facing the economy, including power shortages and the recent grey-listing of the country by the FATF. These factors are hampering economic growth in the region.

Fast

With Res Q loans, you can get the money you need quickly. The loan process is simple and straightforward. All you need to do is fill out an online application. Then, the lender will check your financial status to see if you can afford the loan. After that, they will process your application and deposit the funds into your bank account. Then you can use the money to pay for any expenses you may have.

Your comment

KM
Kgomotso Modise
08 November 2023
Thank you for helping me solve my financial problem. The loan was processed quickly and without unnecessary complications.
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Testimonials

Francois Swart
I have a bad credit history, but the company went on a concession to me and gave me a loan of 10,000 rand. I try to close it and thus improve my rating. Thank you Best-Loans!
Claudia da Silva
The site and online service are convenient, save time, and you can register at any time, they work 24/7. I have a bad credit history and I honestly indicated everything in the questionnaire. Received the money the next day.
Matome Zwane
A fairly large directory of microfinance companies with online withdrawal of money to the card. They even work with salary cards, it is convenient then to give a loan with a salary
Siphiwe Visser
An excellent company, I took from them many times, returned it on time, everything is transparent, as convenient as possible and no deception. Well done!
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