How To Get a Same-Day Loan in Johannesburg

How To Get a Same-Day Loan in Johannesburg

same day loan

If you find yourself short of money at the end of the month or because an unexpected bill arrives, you need to know how to get a same-day loan in Johannesburg.

A same-day loan can be a lifesaver because you don’t need to go through a lengthy application process or have a credit check made.

What is a same-day loan?

Same-day loans are quick loans that pay out funds within 24 hours, usually directly into your bank account. These loans are short-term and can sometimes attract a lot of interest if you don’t choose the right one.

A payday loan is an example of a same-day loan.

A payday loan is usually paid out on the same day and repaid when you get your next pay check. This type of loan can be dangerous. As well as charging high interest rates, it can easily trap you in a cycle of monthly debt.

Asset-based same-day loans

An asset-based loan is the safer option when choosing a same-day loan. These loans are also short-term but they’re based on the value of an asset, such as a paid-up vehicle. This makes them low risk because you don’t get trapped by debt. The only thing you can lose is the asset.

At Pawn My Car, we offer short-term, asset-based same-day loans against a range of vehicles. Our application process is quick and simple. We pay out funds within 24 hours directly into your bank account.

If you have a paid-up vehicle that’s in your name and you need a same-day loan in Johannesburg, visit one of our branches with your vehicle for a final evaluation.

To maximise the loan value that’s offered, make sure you have the following:

  • your service record
  • tyres in good shape
  • a spare tyre and jack in the vehicle
  • a spare key.

Getting a same-day loan in Sandton

Our Sandton branch is located on 5th Street in Wynberg. Bring your vehicle to this branch to be evaluated, sign the loan agreement and receive your funds.

You can start the application process online and we’ll call you to set up an appointment.

Our Sandton branch is open Monday to Friday from 8:30 a.m. until 5 p.m. If you have any questions about getting a same-day loan in Sandton, call the branch directly on 011 400 0052.

Getting a same-day loan in Florida, Gauteng

Our other Gauteng branch is located in Florida on the corner of Ontdekkers and Gordon Roads. This branch can evaluate your car before finalising your loan.

This branch is open Monday to Friday from 8:30 a.m. to 5 p.m. and also on Saturdays from 8:30 a.m. until 1 p.m.

If you’re interested in getting a same-day loan in Florida, you can contact this branch directly on 010 880 2416 or 063 692 1076.

Why choose Pawn My Car?

Trust and convenience are key when dealing with any financial institution. At Pawn My car, we ensure that our application process is transparent and simple with no hidden fees.

Other benefits of getting a same-day loan from Pawn My Car include:

  • your credit score isn’t affected
  • multiple branches across the country
  • we’re NCR and FSB registered
  • no credit checks
  • competitive interest rates and fees
  • our loans don’t affect your ownership of the vehicle.

Contact us on 0861 112 866 to find out more or start the application process online.

Pawn My Car

With Pawn My Car, you can use a car, bakkie, truck or boat that’s in your name to secure a loan quickly and easily, with no delays or laborious paperwork. For more information, contact us on 0861 112 866 or simply complete and submit our online application form.

Complete an application now

APR & Loan period

Fixed rates range from 36% to 60% APR and payment options range from minimum 3 to maximum 24 months. Apart from the initiation and monthly fees shown below, the only additional fee is credit life insurance if the borrower does not have this already.


All accounts may be renewed if they are up to date.


All payments are made via EFT or direct deposits into Lamna’s bank account. There are no debit orders.


Non-payments may result in the matters being escalated.

Illustrative example

Client borrows R10,000 for 90 days.

Repayment Period
Monthly Repayment
Total Cost of Loan
Monthly Fee
(Interest + Service Charge)
Loan Amount


Repayment Period

3 months

Monthly Repayment


Total Cost of Loan


Initiation Fee


Monthly Fee (Interest + Service Charge)