Welcome to GCap Loans

The home of everything related to online loans in South Africa. No matter what type of loan that you’re thinking about getting, we’ll be able to help you through the process and make your life that little bit easier. As you may already know, there are a wide range of different types of personal loans available in South Africa at the moment which is great news, but this can also cause some confusion in regards to which one is the best for your own particular needs. This is why we have put together a page for each type of loan (as well as pages about several different banks in South Africa) so that you can find out which one suits your needs the best.

Personal Loans Made Easy!

There’s no need to get stressed out about which one is the best for you since all you need to do is spend a bit of time browsing our site and you’ll quickly understand all the options that are out there. Here at GCap we plan to help empower individuals as well as businesses when it comes to borrowing. We’ve witnessed how personal loans as well as business loans can help communities all over South Africa and we hope to continue this trend. A lot of people assume that finding competitive online loans isn’t one of the easiest things to do, especially if you want to borrow a lot of money. However, the good news is that this isn’t necessarily true. Depending on the loan that you take out, you could receive your money within just 30 minutes so you won’t be waiting around for days or even weeks as some people may make you think.

Trusted Providers For Online Loans

We compare personal loans from a number of different banks such as Capitec, Nedbank, RCS Loans and many more to make sure that you’re getting charged as little interest as possible. This saves you from going to each individual bank and asking about the charges and so on, since GCap does all of this hard work for you.

Latest News

Home Loans Market Shows Strong Growth With First Time Buyers

Standard Bank has recently released lending figures demonstrating strong growth in the home loans market, in particular with first time buyers, whom 80% of the loans were given to. The banks affordable housing home loan book rose to R14bn, an increase of over 30% last year and the countries leading residential mortgage lender continued to attract first time buyer customers.

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CAPITEC demonstrates a healthy approach to responsible lending

Declined applications for personal loans have risen by 5% at Capitec. The banks CEO, Riaan Stassen, said on Wednesday that Capitec rejected around 40% of applications, compared to 35% before this. [Source: DBLive]

This is not a cause for concern however and in fact demonstrates the bank’s healthy attitude towards risk and the provisioning for increasing levels of indebtedness. In the past 12 months Capitec has grown it’s funding for potential bad debts to R2.7bn (an increase of 74%.)

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