Is the Getbucks loan app worth it in South Africa?

Getbucks loan app is an online lending platform that has been operating in South Africa since 2003. The company is registered with the NCR and MFSA to provide secured loans, both short and long term, to its customers at affordable interest rates. Getbucks’ services have expanded to various countries including Kenya, Zimbabwe, Swaziland, Botswana, and Zambia. The app is user-friendly and efficient, allowing customers to quickly access loans without the hassle of long bank queues, all from the convenience of their homes using their phones.

Loan limit	R500 to R20,000
Repayment period	7 days to 24 months
Interest rates	0% and 60%
Loan Requirements	Download & install GetBucks loan app

What loan Services does GetBucks offer?

Getbucks offers different kinds of instant loans through their mobile app available on Google play store. These loans can be short-term or long-term. Short-term loans are paid back quickly, with the interest rate depending on the type of loan, how much it is, and when it’s due as explained below:

1. Short term loans

These are the most liked loan choices in Getbucks. Lots of people use this type of loan, making it very well-known. It’s good for anyone who needs money quickly to pay for things like bills or medical expenses. With short term or personal loans, you can borrow up to R4000 and pay it back within 7 days to 6 months, depending on how much you borrowed. This means you have up to 6 months to pay back the loan after you get it.

2. Long term loans

This loan option is for those who require significant financial support. Long term loans offer higher amounts compared to personal and medium loans, allowing borrowers to borrow up to R20,000 and repay it over 24 months. This option is ideal for individuals looking to cover substantial expenses such as large-scale business investments or construction projects

Above are different loan choices available, but the amount a person qualifies for and receives from Getbucks depends on their loan credit score.

What is the repayment period for GetBucks loans?

The terms of loans, including interest rates, repayment durations, and loan amounts, differ depending on the type of loan. Personal loans typically have a repayment period of up to 6 months, while long term loans have the longest repayment period of 24 months.

What is the loan limit on GetBucks app?

The loan amounts offered by Getbucks range from R500 to R20,000, with interest rates that vary between 0% and 60%. Additionally, an individual’s interest rate will fluctuate depending on the amount borrowed. Different loan amounts come with different interest rates, meaning there is no fixed interest rate for loans

Loan eligibility is determined by one’s credit score, which reflects their ability to repay a loan punctually. This score is based on various factors including payment history, existing debts, transaction frequency, and loan repayment duration.

What are GetBucks loan requirements in South Africa?

Here are the conditions you need to fulfill to qualify to take an instant credit of loan top-up with GetBucks:

• You must be 18 years to 65 years old
• A South African National ID is required for proof of citizenship
• An active bank account
• Proof of employment or a steady income source is required
• Credit history

What are the advantages & disadvantages of GetBucks loan app

Pros	Cons
It is quick and convenient Loan services are accessible Loan application are accepted instantly Manage your loan from your phone	Requires sensitive users’ personal and financial information

How can I apply for a loan at Getbucks?

If you want to take a quick and instant mobile loan from GetBucks, simply follow the steps bellow:

• Visit the GetBucks website (www.getbucks.com) and click on the “Apply Now” button. You will automatically be redirected to the loan application page.
• You’ll be required to select the loan amount you want to borrow. Getbucks loan offers starts from R500 onwards with different repayment periods
• After, you must complete the application form by providing your personal and financial details. Ensure that you enter accurate information.
• Once you’ve completed the form, you must upload specific documents on the website, such as your national ID, bank statement, and recent payslip, to verify your identity.
• Finally, you can submit your application form. After reviewing it, they will process your application, and you will receive notification within minutes via SMS.

How can I contact GetBucks for a quick loan?

You can contact the website through their contact details including Phone number: 012 1111 333, Email: [email protected], and website: www.getbucks.com. Additionally, visit GetBucks physical address at Green Hill Village Office Park, Cnr Botterklapper and Nentabos Street, The Willows Pretoria Gauteng 0041, South Africa.

Conclusion 

After carefully reviewing the website, we’ll definitely say Getbucks loans app is worth a try. We love the favorable interest rates and the easy access to the loans. Most loan apps usually take days to process a loan, and this can be a little bit frustrating sometimes, but with Getbucks, you’ll receive your loan within 30-60 minutes after approval. So the next time you run short of cash, go and get your bucks from Getbucks!

Frequently Asked Questions