About FASTA
FASTA is a modern South African fintech lender that prides itself on speed and transparency. The entire lending process is digital — from application to payout — with no branch visits or paperwork required. FASTA offers short-term credit designed for unexpected expenses and cash emergencies.
Loan Details
- Loan amounts: R800 – R8,000
- Loan terms: 1 to 6 months
- Interest rate: 5% per month (60% per annum)
- Payout time: Minutes after approval
- NCR registration: NCRCP12235
Requirements
- South African citizen or permanent resident
- At least 18 years old
- Valid SA ID
- Employed with proof of regular income
- Active South African bank account
Pros and Cons
Pros
- Fast digital-first experience
- Transparent pricing — no hidden fees
- Quick payout in minutes
- Modern, user-friendly platform
Cons
- Maximum loan of R8,000
- Short-term rates (5% monthly)
- Not suitable for large financial needs
