Four months loan - Find loan offers in South Africa

If you need four months loan in South Africa, you’re more likely to find it with payday loan providers. The good news is when you apply through, your application gets sent to multiple lenders, which saves you time and effort.
Arrow button left
Fasta logoWonga logoSanlamprimeSource logoMpowa logorcs logoFinwell logoDeptbuster logoAfricabank logoFinchoise logolime LogoFinance27 LogoBlink Finance LogoABSA Finance LogoDirectAxis Finance LogoWesbank Finance Logo
Arrow button right
MyLoan Google Reviews

Representative example: Estimated repayments of a loan of r30,000 over 36 months at a maximum interest rate of 29.25% apr would be r1,381 per month including fees. Repayment terms can range from 2 - 72 months. Myloan is an online loan broker and not a lender. Our service is free, and we only work with NCR-licensed lenders in South Africa. Interest rates charged by lenders can start as low as 19.25% apr, including an initiation and service fee determined by the lender. The interest rate offered depends on the applicant's credit score and other factors at the lender's discretion.

The maximum annual interest rate including fees is 27.5%. Repayment terms can range from 1 - 72 months.

MyLoan is an online loan broker and not a lender. Our service is free and we work with NCR licensed lenders in South Africa. Interest rates charged by lenders can start as low as 20% APR, including an initiation and service fee determined by the lender. The interest rate offered depends on the applicants’ credit score and other factors at the lenders’ discretion.

What is four months loan?

Four months loan is money you borrow for a short term, and in this case, you pay it back in four months. In other words, four months loan acts like a short term loan.

This is something most people need from time to time. Even if you are careful with your finances, sometimes you find yourself needing extra money, and you can’t wait until month-end.

Common reasons for taking out a four months loan include paying for car repairs, medical costs, and living expenses like rent, transport, and groceries. 

If you need the money for other personal needs, it’s up to you how you use the money.

Features of a four months loan

Here are the key details you need to know when taking out a four months loan:

Loan amount

The loan amount is usually limited since you are only borrowing to meet short term needs. 

Generally, four months loans range from R100 to R4000. However, the loan amount you qualify for varies from lender to lender and depends on your financial situation.

Loan Term

As the name suggests, a four months loan only lasts up to 4 months.


Interest will be charged on the amount you borrow. For instance, if you owe R2000, you’ll have to pay back this R2000 plus interest. 

The higher the interest rate, the more you will owe. So, when comparing loan offers, the cheapest loan is usually one with the lowest rate.

Fees and charges 

Besides the interest, a four months loan also comes with additional fees and charges, such as administration and possible late payment fees. 

It’s also important to find out what the fees will be so you can budget for your loan.

Repayment amount

A four months loan is usually paid back in four instalments. The money is typically deducted from your bank account once your pay date arrives.

Advantages of a four month loan

  • No need to provide security
  • You can apply for a four month loan online, in the comfort of your home
  • The application is quick, and you usually get the money in a short time
  • You can use the money for any legit purpose

Disadvantages of a four month loan

  • You have to repay the loan quickly
  • Only suitable for an emergency or short term needs
  • A four month loan may have a higher interest rate than a traditional personal loan

How to apply for a four months loan

Simply fill in the application form provided by After you submit your application, we forward it to our online partner lenders, who will then list their offers.

Compare these offers and choose the best financial services for your needs. Once your application is approved, the money gets deposited in your bank account.

What you will need

South African lenders have the following general requirements:

  • Be at least 18 years of age
  • Have a steady and reliable income
  • Provide proof of income, such as payslips and bank statements
  • Have a working bank account
  • Have a valid South African ID

However, keep in mind that these requirements depend on the lender.

Are there any alternatives to a 4 months loan?

If you are wondering whether there are other short term options, such as a two month loan or a six month loan, then the answer is yes.

Our lender partners provide financial services suitable for a wide range of personal needs.

Make sure you provide the correct loan details in our application form, and we will put you in touch with the right online lender.