Personal loans

Personal loansWhat are you dreaming of today? An overseas holiday or a home makeover? Or perhaps you want to consolidate all your debt into one loan? Whatever you wish for, apply below for a 1Life personal loan through RCS and make dreams come true! Alternatively, contact us on 0861 877 776.

Why a 1Life personal loan*?

  • A personal loan from R1 000 up to R250 000
  • Fast, paperless application process
  • Decision in seconds
  • Cash in your account within 24 hours
  • Flexible repayment options; choose from 12 to 60 months
  • Fixed monthly repayments
  • Free monthly statement via email or SMS
  • Optional Customer Protection Insurance
  • Interest from as low as 15%

Apply now

How much personal loan can I get on my salary?If you have a regular income of R2 000 or more and clear credit references, you could qualify for a 1Life personal loan through RCS of between R1 000 and R250 000**.

Our promise to youThere are cash loans and then there are cash loans brought to you by 1Life. We promise you:

  • Competitive interest rates
  • Fixed repayments for the entire term of your loan
  • No hidden fees
  • No meetings and no unnecessary paperwork

Apply nowYou will need the following to apply:

  • Be 18 years or older
  • Have a valid SA ID or driver’s license
  • Have a bank account
  • Be employed and earn R2 000 or more per month
  • You will be required to provide proof of income documentation

Click Apply now below for quick decision loan application! Ts&Cs apply.


Apply now

Or call our contact centre on 0861 877 776

*1Life Personal loans are powered by RCS, a registered Credit and authorised Financial Services Provider. NCRCP 38/FSP 44481. 1Life online loans are compliant with the National Credit Act, which means your loan will be subjected to credit approval and you’ll never be approved for a loan that’s greater than what you can repay.
**Loan repayment terms range from 12-60 months. The maximum interest rate with regards to a 1Life Personal loan* is 27.75% per annum (compounded monthly). Your rate and initiation fee will be determined according to your personal risk profile. An illustrative example of a loan at an interest rate of 27.75% would be: Loan amount of R7 500 borrowed for 24 months. Annual Interest Rate: 27.75%. Initiation fee (charged upfront): R936. Monthly service fee: R69 Total Amount payable: R13 338. Monthly instalment amount: R556.
Please note our interest rate will never exceed the maximum as prescribed by the NCA of 27.75%. Fees subject to change based on risk profile.

We understand the importance of protecting yourself and your loved ones against unexpected events. Every personal loan brought to you by 1Life also offers you an optional Personal Protection Plan that will settle any outstanding loan balance in the event of your death, permanent disability or certain dread diseases – and it will also provide you with some cover for temporary disability and retrenchment.

If you already have a plan or would prefer another, you can substitute our plan with a policy of your choice, as long as the cover offered is equivalent. 

You can refer to our Personal loans FAQs to answer any other questions you may have.

Apply now and get a 1Life personal loan through RCS today!

Apply now

Or call our contact centre on 0861 877 776

The Truth About MoneyAt 1Life we know that your future is written in how you manage your money. But we also know that South Africans do not always have the money management skills they need to build the future of their dreams. That is why we launched The Truth About Money.

The Truth About Money makes money management services and training available to all South Africans at no charge. These services include the following:

Debt counsellingIf your debt has become unmanageable and you are struggling to make ends meet, The Truth About Money can help! You can register for telephonic debt management and debt counselling services on the Truth About Money website.

Estate mediationBecause we know how important it is to have your affairs in order, we will help you draft a will for yourself and your spouse or set up a trust for minor beneficiaries. You can also apply for legal advice and mediation if you need help winding up the estate of a relative.

Financial education courseFinancial education is the key to your financial freedom. The Truth About Money offers you access to a digital Financial Education course that you can complete at your own pace at any Boston Campus nationwide. Apply today!

Online advice and informationDo you want to learn more about how you can take control of your finances? Visit our website for tools, tips, news and views!

All of these services are available to successful applicants at no charge!

Visit The Truth About Money website to learn more and register.

*1Life Personal loans are powered by RCS, a registered Credit and authorised Financial Services Provider. NCRCP 38/FSP 44481. 1Life Personal loans contact number: 0861 877 776.


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