How GoMoney stand out then other comparison sites?
We connect applicants with various reputed lenders in minutes. Fill out a quick online application and see pre-qualified rates based on your credit, not generic options. Plus, checking loan rates won’t hurt your score.
How much does it cost to apply for loans on GoMoney?
Apply with Confidence, we are completely Free! There’s no obligation to accept a loan offer, so you can explore your options with confidence.
How does GoMoney get paid?
Our service remains completely free for you! GM works with lending partners who pay us a commission if you choose their loan offer. This fee never affects the loan rates and terms.
What interest rates and terms am I eligible to receive?
Our fast online application is the way to find out if you can get pre-qualified with one of our partner lenders and with what terms. This means that the loan rates and terms are based on your finances.
Will I be approved for a loan at GoMoney?
We are a lending marketplace and anyone is free to apply in South Africa! When you complete our online application, you’ll find out many lender options in just a few minutes if you’ve been approved. Choices are depending on your needs.
What rates and terms am I eligible for a loan?
Our objective is only to provide you with a faster way to find out pre-qualified rates and terms. Once you fill out our online application, you’ll instantly know if you meet the criteria for any of our partner lenders.
How does GoMoney keep my personal and bank details safe?
We use the same encryption technology (TLS) as top banks to protect your data. We never share your information without your permission. Learn more about our security measures at Credible.
What do I need before I apply for a loan?
To apply for an online loan in South Africa, you typically need the following documents:
• Age Requirement: The legal age of 18 years to apply for any loan in South Africa.
• South African Identity Document (ID): Verifies your identity and citizenship.
• Residence Proof: Shows your current residence.
• Proof of Income: A consistent income stream to demonstrate your ability to repay the loan.
• Valid Bank Account Details: For receiving the loan and making repayments.
• Valid Phone Number and Email Address: Used for contact during the application process and loan management.
• Age Requirement: The legal age of 18 years to apply for any loan in South Africa.
• South African Identity Document (ID): Verifies your identity and citizenship.
• Residence Proof: Shows your current residence.
• Proof of Income: A consistent income stream to demonstrate your ability to repay the loan.
• Valid Bank Account Details: For receiving the loan and making repayments.
• Valid Phone Number and Email Address: Used for contact during the application process and loan management.
Do you offer installment loans and payday loans?
At our online marketplace, we provide a wide and growing range of loan products and services. The specific offerings available may vary depending on your province and how you engage with us.
Can I get a same-day loan from this website?
In some cases, you may be able to get a loan and receive the funds on the same day you apply. Certain online lenders offer same-day loan options, but some factors matter.
If you are prequalified, you’ll see your estimated loan rate and terms. However, prequalification doesn’t guarantee final approval, and your rate and terms may change after you formally apply. Even if a loan is advertised as same-day, the funds may not always be available immediately. The timing can depend on factors like your bank and how quickly you complete the loan paperwork.
If you are prequalified, you’ll see your estimated loan rate and terms. However, prequalification doesn’t guarantee final approval, and your rate and terms may change after you formally apply. Even if a loan is advertised as same-day, the funds may not always be available immediately. The timing can depend on factors like your bank and how quickly you complete the loan paperwork.
How quickly can my loan be approved on your website?
While you might get loan approval on the same day you apply, receiving the cash isn’t always instant. Approval means your loan is greenlit, but receiving the money depends on the lender and your bank.
Even with fast approval, you might wait until the next business day.
Even with fast approval, you might wait until the next business day.
I have bad credit or no credit; is that a problem?
No Credit? Don’t Worry! Although credit is a major factor in the lending process, it doesn’t automatically disqualify you. The best way to find out your eligibility and credit decision is to submit your application.
Can I use unemployment as a form of income?
Yes, unemployment is considered a valid form of income when applying for a loan. However, not all lenders consider these benefits as income. We have some partner payday lenders, who accept unemployment benefits as a form of income when evaluating your loan application.
Credit considerations
Does GOMoney pull my credit?
Using GoMoney to find loan options and see pre-qualified rates won’t affect your credit score. That’s because our partner lenders only use a soft credit check for pre-qualification.
However, if you decide to apply for a loan with your best-fit lender, that will do a hard credit check. This hard inquiry may impact your credit score slightly.
However, if you decide to apply for a loan with your best-fit lender, that will do a hard credit check. This hard inquiry may impact your credit score slightly.
Can multiple loan inquiries affect my credit score?
Yes! With us, you have the benefit that you can multiple loan inquiries without affecting your credit score. During the filling application and prequalification stage, your credit score is not impacted.
What credit score do I need to get an instant loan through your site?
GoMoney works for everyone! We consider all credit scores, from 580+ and above. Our goal is to find you the best pre-qualified rates available from our partner lenders.
Fill out our quick 2-minute prequalification form. You’ll see almost instantly if you pre-qualify with any of our partners. Plus, checking these rates won’t hurt your credit score.
Fill out our quick 2-minute prequalification form. You’ll see almost instantly if you pre-qualify with any of our partners. Plus, checking these rates won’t hurt your credit score.