LendPlus is an NCR-registered lender (NCRCP17814) offering R500 – R4 000 over 5–41 days. It approves in ~15 minutes and pays out within 5–10 minutes, with an option to extend the term. Best for salaried borrowers who need a small amount quickly. Rates can reach 60% p/a depending on your profile.
LendPlus at a glance
- Loan amount
- R500 – R4 000
- Repayment term
- 5 – 41 days
- Interest
- up to 60% per year (~0.17%/day)
- Payout speed
- Within 5–10 minutes of approval
- Eligible age
- 20 – 64 years
- NCR registration
- NCRCP17814
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Overview
LendPlus is an established (since 2023) NCR-registered micro-lender specialising in short-term payday loans for employed South Africans. It approves in around 15 minutes and pays out within 5–10 minutes, all handled online with no branches or guarantors.
Pros & cons
Pros
- Fast: ~15-minute decision, payout in 5–10 minutes
- Option to extend the repayment period
- Transparent, unsecured — no collateral or guarantor
- Has a mobile app for easy management
Cons
- Rate can reach 60% p/a depending on your profile
- For salaried applicants only
- Shorter terms (up to 41 days)
What does a LendPlus loan cost?
Like all NCR-registered lenders, LendPlus's pricing is capped by the National Credit Act: interest of up to 5% per month on a first loan, an initiation fee of R165 + 10% of the amount above R1 000 (max R1 050), and a monthly service fee of R60, plus VAT on fees. The exact figures appear in your pre-agreement quote before you sign. Use our loan calculator to estimate the total cost for your amount and term.
Our verdict
LendPlus is a dependable, fast option for employed borrowers who need a small amount quickly and can repay within a month or so. Check your personalised rate, as it varies widely.
How to apply
- Compare first. Start with our free application form to see LendPlus alongside other NCR-registered lenders.
- Apply online. Complete LendPlus's form with your ID, bank and income details — it takes minutes.
- Get paid. Once approved and verified, funds are released to your bank account, often the same day.