#4
Rank
8.1/10
Our Score
Loan Conditions
Amount
R500 – R4 000
Term
5 days – 1 month
Interest Rate
60%
First Loan Free
No
Minimal Age
18+
LendPlus Loan Calculator
Monthly Payment
R2 151
Total Repayment
R4 302
Total Interest
R302
Estimate for LendPlus. Actual amounts may differ based on fees and your credit profile.
Pros & Cons
Advantages
- ✓ Ranked 4th out of 37 lenders in our analysis, which is a genuinely strong result
- ✓ Loan amounts start at R500, so you're not forced to borrow more than you need
- ✓ Short terms from 5 days mean you're not locked into a month-long commitment if you don't need to be
- ✓ Fully online process with no branch visits required
- ✓ 2,483 customer reviews collected, giving a reasonable sample size to judge them by
Disadvantages
- ✗ 60% per annum is above what you'd pay on a credit card or personal loan from a major bank
- ✗ Maximum loan of R4,000 won't help if your emergency is bigger than that
- ✗ Trust score of 6.5 out of 10 based on customer reviews we collected is mediocre and worth noting
- ✗ No first loan free offer, which several competitors in this space do provide
About LendPlus
If you need R2,000 by Friday and you don't have time to wait three days for a bank to think about it, LendPlus is the kind of lender that actually makes sense for your situation. They do short-term loans only, R500 up to R4,000, with terms running from 5 days to 35 days. That's it. No home loans, no vehicle finance, no long repayment schedules. Just a fast, small loan when you need to cover something urgent.
The rate is 60% per annum. We'll get into what that actually costs you in rands in the full review, but go in with your eyes open. Short-term credit in South Africa is almost never cheap, and LendPlus is no exception.
We scored them 8.1 out of 10, which puts them at number 4 out of 37 lenders we've rated. Solid. Not perfect, but one of the better options in this category.
How Does LendPlus Work?
1. Go to lendplus.co.za and fill in the online application form. It takes about 5 minutes if you have your documents ready.
2. LendPlus runs a credit and affordability check. This is required under the National Credit Act and there's no way around it.
3. You'll get a loan offer showing the exact repayment amount and due date. Read it before you accept.
4. Accept the offer electronically. No paperwork, no branch visits.
5. The money is paid into your bank account, usually within a few hours of approval on a business day.
Requirements
- Age 18 or older with a valid South African ID
- Active South African bank account in your own name
- Proof of a regular income, whether salaried or self-employed
- 3 months of bank statements showing your recent transactions
- A working South African mobile number and email address
- You must be a South African citizen or permanent resident
Who Is LendPlus Best For?
LendPlus works best for employed South Africans who hit an unexpected expense between paydays. Think car repair, a medical co-payment, or a school fee that can't wait. If you can realistically repay R500 to R4,000 within 35 days without stretching yourself, this product fits. It's not for covering ongoing monthly shortfalls and it's not for large purchases.
Is LendPlus Safe & Legit?
LendPlus operates as a registered credit provider under the National Credit Act, regulated by the National Credit Regulator. That means they're legally required to carry out affordability assessments before approving any loan, and they cannot charge fees or rates above the NCA caps. If you ever find yourself in over your head with debt, you have the right to approach a registered debt counsellor regardless of who your lender is. Check the NCR website to confirm their registration status before applying.
Registered Credit Provider (NCR)
Our Full Review
Let's talk about the rate first, because that's the number that matters most. At 60% per annum, LendPlus is charging what's legally allowed under the NCA for short-term credit, but it's not low. On a R4,000 loan taken over 35 days, you're looking at paying back roughly R4,230 or so, depending on initiation fees and service fees which are added on top of the interest. Always look at the total repayment figure in your loan agreement, not just the interest rate.
So is the cost worth it? That depends entirely on why you're borrowing. If the alternative is a R1,500 penalty or missing a payment that damages your credit record, paying R200 in interest and fees is a reasonable trade. If you're borrowing because your budget is structurally broken every month, no short-term lender is going to fix that.
On the application side, LendPlus keeps things simple. The online process is straightforward and doesn't ask you to jump through hoops. Approval and payout on the same business day is realistic if you apply in the morning with all your documents in order. That speed is genuinely useful when you're dealing with something urgent.
Based on the 2,483 customer reviews we collected, the picture is mixed. The trust score of 6.5 out of 10 tells you they're not universally loved. Common themes in negative feedback tend to revolve around communication during the application process and occasional delays in payout. Positive reviews regularly mention the speed and the ease of applying. Nothing in the feedback suggests anything alarming, just the normal friction you get with any high-volume short-term lender.
Overall, LendPlus earns its ranking. At number 4 in our ratings, they're doing more right than most. But go in knowing exactly what you're signing up for.
User Reviews (2606)
Average rating: 4.5/5
Problems take time t...
Problems take time to be solved and its a struggle
Audrey answered my q...
Audrey answered my questions and made the call easier she was patient with me and very professional, she is experienced
“The Lend Plus technology was extremely helpful in assisting me and provided as much clarity as possible throughout the process
“The Lend Plus technology was extremely helpful in assisting me and provided as much clarity as possible throughout the process. I truly appreciate the support and efficiency.”
It's honestly helpful and efficient
It's honestly helpful and efficient. It has assisted me too much
I was assited by an Agent named Brenda, she made me feel at ease and understand everything clearly
I was assited by an Agent named Brenda, she made me feel at ease and understand everything clearly. Good agent
The consultant Ms Br...
The consultant Ms Brenda was friendly & he clearly addressed me to my satisfaction,I'm greatful about the service lendplus has offered
Immediate Refund
Came back to me about my refund, received a call from a very nice lady, i forgot her name unfortunately but they can check their call logs.
Dangerous and crippling lending
Dangerous lending to desperate people in need if financial help
Number Change a Nightmare!!!!!!
I am still struggling to change my old number to my new number. Got a call yesterday from one of you guys consultant who provided me with details on how to change them instead of doing it themselves to make things easier. Please assist me in changing my cell number from my old number which is ********** to my new number ********** please as i have lost my old number, but your system still wants me to log in with my old number which i do not have. Can someone please assist!!! My new cellphone number to call me on is **********
Account remains open a year after payment was made
I have an issue with my account showing as open when payment was made. I did submit all the necessary documents including a letter from LGR stating it has been paid and closed to the collections@lendplus email address. My matter was being investigated and lendplus was waiting for LGR to respond to them. Please can someone advise me if this matter has any updates because this account has been open for over a year now.
Audra was fantastic
Audra was fantastic. Super quick and efficient help. Much appreciated
Audra was such a pleasure to work with
Audra was such a pleasure to work with. I appreciate her service.
Pathetic Administration and Accounts department
Their administration and account department is pathetic. I had a loan that I had an amount of R8785.2 that I had to pay back. Then I paid a R500 on the 2nd of Feb 2026 and I paid on the 27th of Feb a R8797.10 then they also debited me on the 27th of a R8785.2 I called to ask for my refund they stated they will pay me back. I sent emails with proof of payment tried the site for assistance and just nothing. I even went as far as taking another loan hoping their system will pick up my refunds but nothing, they paid the loan without me signing or confirming mandate. Today is the 16th of March and I havent received any refunds nor any communication from this company. I have lodge a complaint with the NFO as I am tired of struggling to get my own funds back or any communication from them. Again I call multiple times and sent alot of emails with no acknowledgement or a response
Very helpful when in...
Very helpful when in need and has an amazing customer service
I wanted to apply for just R500
I wanted to apply for just R500. Then somehow I was approved for R1200 and the debit date was 2 days sooner than what I entered. I phoned the customer service line, they said “no worries, we will fix it on your behalf and then update the details to the correct amount.” Now it is saying that I was outright DECLINED, and that I have to wait 29 days to reapply. I cannot even get through to the customer service line anymore because that is also telling me I was declined. The chat bot cuts out every time I ask for the matter to be escalated. Horrible experience overall and now my credit score is probably going to take a knock as well due to the incompetence and negligence of LendPlus.
Excellent service from Miss Audra (Lendplus Technology)
Excellent service from Miss Audra (Lendplus Technology). Fast and clear communication!
Visit was the best consultant that I've ever came across with
Visit was the best consultant that I've ever came across with. Big up to Vusi
Thank you Zandisa for a readily, efficient service
Thank you Zandisa for a readily, efficient service. She resolved my query professionally and effectively!!!
I love lendplus beca...
I love lendplus because they never let me down service there is highly appreciated
Very quick and easy ...
Very quick and easy to use,thanks to Audra the agent🤗
Showing 20 of 2606 reviews
Contact LendPlus
Website: https://lendplus.co.za/
LendPlus is a service for providing loans electronically, which does not require visiting the office and providing unnecessary documents.
Frequently Asked Questions
How much can I borrow from LendPlus?
You can borrow between R500 and R4,000. The amount you're actually approved for will depend on your income and what their affordability assessment says you can repay within the loan term.
What interest rate does LendPlus charge?
LendPlus charges 60% per annum. That's on the higher end compared to banks and long-term personal lenders, but it's within the legal limits set by the National Credit Act for short-term credit. Add initiation and monthly service fees to get your true cost.
How fast does LendPlus pay out?
If you apply on a business day with all your documents ready, payout can happen within a few hours of approval. Don't count on same-day payment if you apply late in the afternoon or on a weekend.
Is LendPlus registered with the NCR?
LendPlus is required to be registered with the National Credit Regulator to operate legally in South Africa. You can verify any credit provider's registration directly on the NCR website at ncr.org.za before you hand over any personal information.
Can I get a LendPlus loan with bad credit?
Possibly, but it's not guaranteed. LendPlus will run a credit check and an affordability assessment as required by law. A poor credit score doesn't automatically disqualify you, but it will affect your chances and possibly the amount you're offered.
What documents do I need?
You'll need your South African ID, proof of income, 3 months of bank statements, and a working mobile number and email address. Having these ready before you start the application will speed things up considerably.