RandCash

Debt Consolidation Loans

Combine multiple debts into one manageable payment. Compare debt consolidation options from registered SA lenders side by side.

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Take Control of Your Debt

If you are juggling multiple credit card payments, store accounts, and other debts, a debt consolidation loan from RandCash can simplify your finances. By combining all your debts into one loan with a single monthly payment, you gain clarity and control over your financial situation.

Benefits of Debt Consolidation

  • One monthly payment instead of multiple payments to different creditors
  • Potentially lower interest rate than your current average across all debts
  • Fixed repayment schedule so you know exactly when you will be debt-free
  • Simplified budgeting with a single, predictable debit order
  • Reduced risk of missed payments that damage your credit score
  • Peace of mind knowing you have a clear plan to become debt-free

How Debt Consolidation Works

  1. Apply: Tell us about your existing debts and apply for a consolidation loan.
  2. Assessment: We assess your total debt, income, and affordability to structure the best solution.
  3. Approval: If approved, you receive a single loan that covers your existing debts.
  4. Settlement: Use the funds to pay off your existing creditors, or we can settle them directly on your behalf.
  5. Repay: Make one monthly payment to RandCash until the loan is fully repaid.

Is Debt Consolidation Right for You?

Debt consolidation works best when you have multiple debts with high interest rates, and you can qualify for a consolidation loan at a lower overall rate. It is important to commit to not taking on new debt after consolidating. If you are severely over-indebted and cannot meet your monthly obligations, debt counselling may be a more appropriate option.

Important Considerations

While consolidation can simplify your payments and potentially reduce your interest rate, be aware that extending the repayment term may result in paying more total interest over the life of the loan. We will clearly explain all costs so you can make an informed decision. All loans are subject to credit approval and affordability assessment in terms of the NCA.

Apply With These Lenders

Trusted, NCR-registered lenders accepting applications right now.

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Primeloans

Primeloans

PrimeLoans is an NCR-registered (NCRCP20937) microfinance lender in South Africa offering fast payday loans from R500 to R4,000. Get cash deposited to your bank account in as little as 5–15 minutes. No collateral or guarantors required — just a valid SA ID and proof of income. Affordable repayments with loyalty rewards for returning borrowers. Manage your loan via the PrimeLoans mobile app.

AmountR500 – R4,000
Rate29.25% – 60.00% p.a.
Min Age23+
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Jabulani Money

Jabulani Money

Jabulani Money is an NCR-registered online lender offering fast short-term and payday loans to South Africans. Apply fully online in minutes, get a decision in 10–25 minutes, and receive funds directly to your bank account — typically within 5 minutes of approval. No paperwork, no branch visits. Registered under the National Credit Act by Clearwave Innovations (Pty) Ltd (NCRCP22362).

AmountR500 – R8,000
Min Age18+
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MoneyHello

MoneyHello

<p>MoneyHello is a free loan comparison platform that matches South Africans with NCR-registered lenders. Instead of filling in multiple applications at different banks, you complete one quick form and MoneyHello finds which registered lenders are most likely to approve you &mdash; with no impact on your credit score.</p><p>The platform is not a lender itself. It connects borrowers with a network of vetted credit providers and earns a referral fee from lenders if a loan is taken out, keeping the service free for consumers.</p><h2>Loan Range</h2><p>Through MoneyHello's partner network you can access loans from <strong>R500</strong> up to <strong>R250,000</strong>, depending on your income and credit profile. Repayment terms range from <strong>3 to 72 months</strong>.</p><h2>Interest Rates</h2><p>Because MoneyHello is a marketplace, rates vary between lenders. All partner lenders are NCR-registered, meaning your interest rate is capped by South African law. The maximum APR is <strong>60%</strong>. You will see the exact interest rate and total cost of credit before agreeing to anything.</p><p><strong>Example:</strong> A loan of R5,000 over 6 months may have a total repayment of approximately R6,250, including interest and initiation fees.</p><h2>How It Works</h2><ol><li><strong>Tell MoneyHello what you need</strong> &mdash; use the slider to choose your amount and answer a few quick questions. Takes under 2 minutes.</li><li><strong>Get matched</strong> &mdash; MoneyHello scans its partner network and presents lenders likely to approve you.</li><li><strong>Choose and get paid</strong> &mdash; review offers, choose one, complete the lender's final steps (digital signature and bank verification). Many lenders pay out the same day.</li></ol><h2>Requirements</h2><ul><li>18 years or older</li><li>Valid South African ID</li><li>Steady monthly income (salary)</li><li>Personal South African bank account</li></ul><h2>Pros</h2><ul><li>100% free for borrowers</li><li>No credit score impact to check offers (soft search)</li><li>Access to multiple NCR-registered lenders in one place</li><li>Fast matching &mdash; under 2 minutes</li><li>Same-day payout possible once approved</li></ul><h2>Cons</h2><ul><li>Not a direct lender &mdash; you will be redirected to a lender's own process</li><li>SASSA grant recipients not currently supported</li><li>Final approval and rate depends on the lender, not MoneyHello</li></ul><h2>Regulatory Information</h2><p>MoneyHello is operated by SIA FINLEADGLOBAL, registered in Latvia (business number 40203721183). The platform works exclusively with NCR-registered credit providers in South Africa. All lending decisions are made by the lender, not MoneyHello.</p>

AmountR500 – R250,000
Rate15.00% – 60.00% p.a.
Min Age18+
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