Cherry Loans

Cherry loans is an online broker that assists people in obtaining loans all across South Africa. They offer our clients three types of loans namely:

Cherry Payday Loans

Borrow R100 to R8,000 and repay it over 1 to 6 months. This type of loan is generally used for short term emergency purposes, or to cover certain temporary or once-off expenses.

Cherry Personal Loans

Borrow R8,001 to R20,000 and repay it over 6 to 24 months+. This type of loan is usually taken out to cover small to medium type finance requirements and is repaid over a short to medium term period.

Cherry Long Term Loans

Borrow between R20,001 to R200,000 and repay it over 12 to 60 months. This type of loan is designed for larger finance requirements such as purchasing assets, debt consolidation and other similar purposes.

Cherry Loans requirements:

  • Have a South African ID Document.
  • Be between the ages of 18-65.
  • Be permanently employed.
  • Provide your recent payslip.
  • Provide a 3 months banking statement.
  • Have a South African Bank Account.