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Microfinance Emergency Loans

Real People

Real People offers personal loans from R500 - R8,000 with 52.5% APR. NCR-registered lender with flexible repayment terms.

52.5%
APR Example
R 8 000
Max Loan
6m
Max Term
3.8/5
Trust Score
NCR Registered
NCRCP389
Verify Registration →

About Real People

Real People is an NCR-registered credit provider offering personal loans to South African consumers. With loan amounts ranging from R 500 to R 8 000 and flexible repayment terms, Real People provides accessible credit solutions.

📊 Key Facts about Real People

Type of entity Credit Provider
Minimum amount R 500
Maximum amount R 8 000
Available terms 1 - 6 months
Typical APR 52.5%
Approval time Same day
Payout Same day
Regulated by NCR (Registration NCRCP389)
Credizen Rating 3.8/5.0
💡 Expert Analysis
Rostislav Sikora
Loan Specialist | 25 years of experience

Real People is a viable option for those seeking quick loans, though with some considerations. The more limited amounts (up to R 8 000) make Real People ideal for urgent minor expenses. Make sure to compare conditions well and read all terms before applying.

When to use Real People?

  • ✓ Emergencies you can resolve quickly
  • ✓ Unexpected expenses that cannot wait
  • ✓ When you need money within 24-48 hours

"As an expert with 25 years in the financial sector, I evaluate each lender based on transparency, real costs, and user experience. This recommendation is continuously updated based on market changes."

🔒 Security and regulation

Regulated by NCR

Real People is registered with the National Credit Regulator (NCR) under registration NCRCP389.

🔐

Data protection

Complies with the Protection of Personal Information Act (POPIA). Your information is encrypted and not shared without authorization.

📋

Cost transparency

All costs must be included in the APR (Annual Percentage Rate). Demand to see the total cost before signing any agreement.

⚖️

Consumer rights

Protected by the National Credit Act (NCA) and Consumer Protection Act. You have the right to early settlement without penalties in most cases.

Important: Always verify that the lender is registered with the NCR before applying. Visit ncr.org.za to check registration.

Loan Details

Loan Amounts

From: R 500
Up to: R 8 000

Repayment Terms

From: 1 months
Up to: 6 months

Interest Rate

APR Example: 52.5%

Representative example. Actual rate depends on your credit profile.

Key Features

100% Online Application
Fast Approval Process
Quick Payout

Loan Cost Example

Representative Example: This shows estimated costs for a typical loan. Your actual costs may vary based on your credit profile.

Loan Details

Loan Amount R 10 000
Loan Term 12 months
APR 52.5%
Monthly Payment R 1 271

Cost Breakdown

Principal Amount R 10 000
Total Interest R 5 250
Initiation Fee (est.) R 1 140
Total Amount to Repay R 16 390
Important: This is a simplified example for illustration purposes. Actual loan costs depend on your credit assessment, the exact loan term you choose, and applicable fees. Always review your loan agreement carefully before signing. NCR regulations cap initiation fees at 15% (max R1,140) and monthly service fees at R60.

Ready to Apply at Real People?

Get loans from R 500 to R 8 000 with 52.5% APR. Fast approval - often same day!

Apply Now at Real People

Eligibility Requirements

  • Age 18-60 years
  • South African citizen
  • Minimum monthly income R1,500
  • Valid bank account and ID
  • Active cellphone number
  • South African bank account
  • Valid ID document

Advantages & Disadvantages

Pros

  • Accessible for lower-income borrowers
  • Approval within 2 hours
  • Small emergency loan amounts
  • Flexible income requirements
  • Branch network available
  • NCR registered (NCRCP389)

Cons

  • Very high APR range 45%-60%
  • Small maximum loan amount (R8,000)
  • Short repayment terms up to 6 months
  • High interest rates (typical APR 52.5%)

Frequently Asked Questions

How much can I borrow from Real People?

You can borrow between R 500 and R 8 000, depending on your credit profile and affordability assessment.

What is the interest rate at Real People?

Real People offers loans with an APR example of 52.5%. The actual rate you receive will depend on your individual credit assessment and affordability.

How long are the repayment terms?

Repayment terms range from 1 to 6 months, giving you flexibility to choose a term that suits your budget.

Is Real People registered with the NCR?

Yes, Real People is a registered credit provider with the National Credit Regulator (NCR) (Registration: NCRCP389), ensuring compliance with the National Credit Act.

Can I apply for Real People loans from any city in South Africa?

Yes, Real People accepts applications from residents across South Africa, including major cities like Johannesburg, Cape Town, Durban, Pretoria, and many others. The application process is fully online, making it accessible regardless of your location.

How do I know if I can afford a loan from Real People?

Real People conducts an affordability assessment as required by the National Credit Act. Your monthly repayment should not exceed 30-35% of your net monthly income. Use the loan cost calculator on this page to estimate your monthly payment.

What are the alternatives to Real People?

If Real People doesn't meet your needs, consider other NCR-registered lenders offering similar loan amounts and terms. Compare multiple options to find the best rates and terms for your situation.

How long does it take to get approved by Real People?

Real People typically provides fast approval decisions, often within hours of application. Once approved, funds can be disbursed quickly, sometimes on the same day.

Can I settle my Real People loan early?

Under the National Credit Act, you have the right to settle your loan early. Contact Real People directly to get an early settlement quote. Early settlement may reduce the total interest paid, but check if any early settlement fees apply.

What fees does Real People charge?

Real People charges fees in accordance with NCR regulations. Common fees include an initiation fee (capped at 15% of the loan amount, maximum R1,140) and monthly service fees (maximum R60). Always review your loan agreement for the complete fee structure before signing.

Compare Similar Lenders

Available in Major South African Cities

Real People accepts loan applications from residents across South Africa. Apply online from these major cities and more:

Apply Now

Loan Range: R 500 - R 8 000
APR Example: 52.5%
Max Term: 6 months
Apply at Real People

NCR Registered • Secure Application

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Disclaimer: Credizen is a comparison platform and not a lender. We receive compensation from Real People when you apply through our site. Loan approval and terms are subject to Real People's credit assessment and affordability checks.

Responsible Lending: Before applying, ensure you can afford the monthly repayments. Defaulting on credit agreements can negatively affect your credit score. This information is provided for comparison purposes only. Always read the terms and conditions from Real People before accepting a loan offer.

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⚠️ You must be 18 years or older to apply for credit in South Africa • Borrow responsibly - ensure you can afford repayments

Emergency Financial Help

If you're experiencing financial difficulties, contact your local financial counseling service.

  • South Africa: National Credit Regulator - 0860 627 627
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  • Colombia: Superintendencia Financiera - (571) 594 2222
  • Poland: KNF - 22 262 5000
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