Loans like Sunshine Loans: what else is out there
Sunshine Loans is an online payday lender for small amounts. If it is not the right fit, these providers lend similar amounts over short terms.
Compare similar providersWhat Sunshine Loans offers
Sunshine Loans is the trading name of MoneySpot Finance SA (Pty) Ltd, a registered credit provider in Stellenbosch. It works online only and takes applications 24/7.
It offers small payday loans from R500 to R4,000. Loans run for a minimum of 4 days and a maximum of 49 days.
Repayments are taken by debit order on your payday. You can hold only one Sunshine Loans loan at a time.
| Company | MoneySpot Finance SA (Pty) Ltd (trading as Sunshine Loans) (2020/235032/07) |
|---|---|
| NCR registration | NCRCP14110 — confirmed on the NCR register |
| Products | Payday loan, Short-term cash loan (also marketed as cash advance, emergency and personal loans) |
| Amounts | R500 – R4,000 |
| Terms | 4 – 49 days |
| Costs as published | No interest rate or fee schedule is published. The loan calculator on the homepage shows total fees and the total to repay before you apply. Other fees may apply for late payment or default. |
| Payout (their wording) | "Get Funded In One Business Day." The site adds: "During business hours we typically process and approve applications in less than 60 minutes. Depending on who you bank with, the money can be with you by the end of the business day." |
Sunshine Loans's own example: "a loan of R2 800 over 27 days would attract interest and fees of R607.63. The total repayable is therefore approximately: R3 407.63."
What Sunshine Loans asks for
- Over 18 and a resident of South Africa
- Employed with a regular income
- Most of your income may not come from government benefits
- A South African ID number and cellphone number
- Bank details, so you can share bank statements during the online application
- A credit check is part of the application
From Sunshine Loans's own website and the NCR register, checked October 2026. Sunshine Loans is not one of our partners and we earn nothing if you apply there.
Who Sunshine Loans suits
May suit you if
- You need a small amount, from R500 to R4,000, until payday
- You are employed and paid into your own bank account
- You want to repay in under 7 weeks
Check first
- You cannot use it if most of your income is from government benefits
- No interest rate is published, so compare the total cost in rand
- You can have only one Sunshine Loans loan at a time
Providers similar to Sunshine Loans
Sunshine Loans offers R500 to R4,000 over 4 to 49 days. These NCR-registered direct lenders offer short-term loans in the same range, starting at R500 and going up to R4,000 or R5,000.
NCR-registered lender · NCRCP22362
R500 – R4,000 · Payday (repayable on your next salary date)
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.
Sunshine Loans alternatives — frequently asked questions
Is Sunshine Loans legit and NCR registered?
Yes. Sunshine Loans is the trading name of MoneySpot Finance SA (Pty) Ltd, registered credit provider NCRCP14110. We confirmed this on the NCR register in October 2026.
How much can you borrow from Sunshine Loans?
Sunshine Loans offers R500 to R4,000. Loans run from a minimum of 4 days to a maximum of 49 days.
What do you need to apply for a Sunshine Loans loan?
You must be over 18, live in South Africa and be employed with a regular income. Most of your income may not come from government benefits. You need your SA ID, cellphone number and bank details.
What can I do if Sunshine Loans declines my application?
Avoid applying to many lenders at once, as each credit check can affect your score. You can compare other NCR-registered lenders offering R500 to R4,000, such as Creditbar, Jabulani Money, Crediwise, Prime Loans and LendPlus.
What if I can't repay my Sunshine Loans loan?
Sunshine Loans asks you to contact it as soon as you realise you may struggle to repay. You can call +27 10 496 2073 or email info@sunshineloans.co.za. If you have several debts, speak to a registered debt counsellor through the NCR at ncr.org.za.
Sources
- Sunshine Loans – homepage, products and representative example
- Sunshine Loans – How it works
- Sunshine Loans – FAQ
- Sunshine Loans – Contact us
- National Credit Regulator – Registered credit providers search
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