At FASTA, our mission is to provide swift and secure financial solutions to South Africans. This blog post offers a brief guide on how to effortlessly apply for a short term loan with FASTA.
Why Choose a Short Term Loan with FASTA?
- Online, Self-Service, and Paperless: Our loan application process is entirely online, ensuring a hassle-free and paperless experience.
- Quick and Convenient Disbursement: Once approved, your loan is swiftly disbursed, ensuring quick and convenient access to the funds you need.
- Flexible Loan Amounts and Repayment Terms: Borrow between R800 and R8000, and choose to repay over 1, 2, or 3 monthly installments, providing flexibility tailored to your financial needs.
- Responsible Lending: FASTA adheres strictly to NCA regulations, demonstrating our commitment to responsible lending practices.
What You Need to Apply for a FASTA Loan
To apply for a short term loan with FASTA, ensure you meet the following criteria:
- Valid South African ID: Have a valid South African ID number.
- Age Requirement: Be 19 years or older.
- Minimum Monthly Salary: Earn a minimum monthly salary of R6000 for the last 3 months.
- Internet Banking: Have internet banking with a bank account in your name.
- Contact Information: Provide a valid email address and mobile number.
FASTA’s Loan Application Process
- Visit www.fasta.co.za.
- Choose the desired loan amount.
- Click on the “Apply Now” button to start your online loan application for either FASTACash or FASTACard.
- Follow the easy application process.
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FASTA Loan Approval and Payout
- If your application is successful, the loan amount is disbursed immediately.
- Approval outcomes are delivered within minutes.
- Payouts are immediate for applications made on weekdays.
- Applications on weekends or public holidays are processed on the next business day.
- It may take up to 48 hours for the loan amount to reflect in your bank account (for FASTACash loans), depending on your banking institution.
Read our blog post for “3 Tips to Increase Your Chances of Getting a FASTA Loan.“
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