Finance27’s Same Day Express Loan, available through Sanlam’s platform, offers South Africans a quick and seamless credit option. The maximum APR is 30%, and the process promises a lightning-fast application with same-day funds transfer to qualifying applicants. Notably, there’s no need for a revolving facility—each loan stands on its own, without ongoing credit lines.

How to Apply for the Finance27 Express Loan

1. Choose your amount and repayment date for a real-time estimate.
2. Complete an easy online application form with your ID, bank account, contact, and employment details.
3. Submit your application and await instant eligibility feedback.
4. If approved, money is paid directly into your bank account—often on the same day.

Pros of the Finance27 Express Loan

One big advantage is speed—approval and payout can both happen within the same day. This feature will help anyone facing urgent expenses or emergencies. The application is 100% online and available 24/7, making it extremely convenient for applicants with busy lifestyles.

Finance27 also considers applicants with a poor credit record, meaning more people have a fair shot at a loan. Furthermore, you can choose your repayment date upfront, giving you flexibility to match your cash flow.

Cons of the Finance27 Express Loan

On the downside, the interest rate can be as high as 30% APR. If you fail to repay the loan on time, costs could rise sharply—non-payment entails extra fees and penalty interest. Late repayment could negatively impact your credit rating and increase difficulty in securing future credit.

Additionally, you cannot withdraw in cash—the funds are only paid into an active South African bank account, which might limit options for some borrowers.

Our Verdict

Finance27 Express Loan is a compelling option for those who need urgent short-term finance and value speed and simplicity. While costs can be high, the transparency and ease of application stand out. Just ensure you can comfortably meet the repayment schedule before applying.