Loans like Fasta: what else is out there
Fasta is a Cape Town online lender offering cash loans of up to R15,000. If it does not suit you, these providers cover similar amounts and terms.
Compare similar providersWhat Fasta offers
Fasta is run by FASTA (Pty) Ltd, a registered credit provider based at 33 Bree Street, Cape Town. It is fully online and takes applications 24/7.
Its main product, FASTACash, is a cash loan from R800 to R15,000. You repay it in 1 to 6 equal monthly instalments by DebiCheck debit order.
You choose an amount and term with sliders, and the total cost is shown upfront. Fasta checks your income from 3 months of bank statements and runs a credit check.
| Company | FASTA (Pty) Ltd (2017/381321/07) |
|---|---|
| NCR registration | NCRCP10591 — confirmed on the NCR register |
| Products | FASTACash cash loan, FASTAPlus (credit with value-added services such as insurance and debt help) |
| Amounts | R800 – R15,000 |
| Terms | 1 – 6 months (equal monthly instalments) |
| Costs as published | Fasta states: "For loan amounts up to R7 100, interest is 5% per month on a first loan and 3% per month on subsequent loans. For loan amounts above R7 100, the maximum interest rate is 27.75% per annum." Initiation fee is 10% of the loan plus VAT, capped at R1,059 plus VAT. Monthly service fee is R60 plus VAT (R69). |
| Payout (their wording) | "Apply online in minutes and receive your payout in seconds once approved." Its FAQ says the loan "is paid immediately and generally should reflect within a minute or two in your bank account" once approved and all DebiCheck mandates are authorised. |
Fasta's own example: "Borrow R15 000 over 6 months at an annual interest rate linked to prime (28.75%). Initiation fee: R1 207.50. Monthly service fee: R69. Credit protection insurance: R68.48 per month. Maximum APR: 123%. Total amount repayable: R18 418.25."
What Fasta asks for
- A valid South African ID number
- Aged 18 or older
- A minimum monthly salary of R6,000 for the last 3 months
- 3 months' bank statements showing your salary
- A valid bank account in your name, email address and mobile number
- A Face ID check, a credit check and DebiCheck mandate approval
From Fasta's own website and the NCR register, checked October 2026. Fasta is not one of our partners and we earn nothing if you apply there.
Who Fasta suits
May suit you if
- You need more than a payday amount, up to R15,000
- You prefer to spread repayments over up to 6 months
- You earn at least R6,000 a month and can share bank statements online
Check first
- You need a salary of at least R6,000 for the last 3 months
- The maximum APR in Fasta's own example is 123%
- Credit protection insurance adds a monthly cost in the example
Providers similar to Fasta
Fasta lends R800 to R15,000 over 1 to 6 months. Century is an NCR-registered lender offering up to R8,000 over up to 180 days. Creditomax, Letocredit and MoneyHello are matching services covering R15,000 or more over several months.
We may earn a commission if you apply through these links. It doesn't change what you pay. How we make money.
How to choose
- Check the provider's NCR number on the NCR register. A loan-matching service must tell you which lender you'll sign with.
- Compare the total amount you will repay, in rand, not only the interest rate.
- On short-term loans, a first loan may cost at most 5% interest a month, an initiation fee of R165 plus 10% above R1,000 (at most R1,050, and never more than 15% of the loan), and R60 a month in service fees. VAT is added to the fees. See our responsible lending page.
- Apply to one or two providers at a time. Many applications in a short period can hurt your credit score.
- Already struggling with repayments? Talk to a registered debt counsellor before you borrow more.
Fasta alternatives — frequently asked questions
Is Fasta legit and NCR registered?
Yes. FASTA (Pty) Ltd is a registered credit provider, NCRCP10591. We confirmed this on the NCR register in October 2026.
How much can you borrow from Fasta?
Fasta's FASTACash loan ranges from R800 to R15,000. You repay it over 1 to 6 equal monthly instalments.
What do you need to apply for a Fasta loan?
You need a valid SA ID number and must be 18 or older. You must earn at least R6,000 a month for the last 3 months. You also need a bank account in your name, an email address and a mobile number.
What can I do if Fasta declines my application?
Fasta suggests waiting 30 days before you apply again. Many credit checks in a short time can lower your score. You can also compare providers covering similar amounts, such as Century, Creditomax, Letocredit and MoneyHello.
What if I can't repay my Fasta loan?
Fasta asks customers who cannot make a payment to email its collections team at Collections@fasta.co.za. If you are struggling with several debts, speak to a registered debt counsellor. You can find one through the NCR at ncr.org.za.
Sources
- Fasta – homepage, costs and representative example
- Fasta – Our products
- Fasta – FAQs
- National Credit Regulator – Registered credit providers search
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