| Feature | Wonga SA | Lime24 | Boodle | LendPlus | Fasta |
|---|---|---|---|---|---|
| Min loan amount | R500 | R500 | R500 | R500 | R150 |
| Max loan amount (first) | R4 000 | R8 000 | R8 000 | R4 000 | R8 000 |
| Max term | 6 months | 90 days | 6 months | 41 days | 90 days |
| Interest rate | Up to 5%/mo | Up to 5%/mo | Up to 5%/mo | Up to 5%/mo | Up to 5%/mo |
| Decision speed | Minutes | Minutes | 10 min | 15 min | 5 min |
| Mobile app | iOS + Android | Limited | Web | iOS + Android | App-based |
| NCR registration | NCRCP2996 | NCRCP8077 | NCRCP5361 | NCRCP17814 | NCRCP12071 |
Code Cash vs Wonga SA
Wonga SA (wonga.co.za) is one of South Africa's best-known short-term lenders, with a higher first-loan ceiling of up to R4 000 for new clients and up to R8 000 for repeat borrowers. Code Cash reviews Wonga positively for its transparency and NCA compliance. Wonga is the better choice if you want a larger short-term amount and brand recognition. Code Cash provides the background education to understand whether Wonga's fees suit your situation.
Code Cash vs Lime24
Lime24 (lime24.co.za) is an NCR-registered short-term lender with loans up to R8 000 over up to 90 days. It uses simple interest (approximately 5% flat per month) and supports early repayment without fees. Code Cash reviews Lime24 alongside similar lenders so borrowers can identify which offers the most favourable conditions for their profile.
Code Cash vs Boodle
Boodle (boodle.co.za) is a South African digital short-term lender with a SmileRank loyalty system that gradually increases borrowing limits to R8 000 for responsible repeat borrowers. Boodle's initiation fee and monthly service fee follow the NCA cap structure. Code Cash's guide on Boodle is among its more detailed lender reviews, covering the SmileRank tier system clearly.
Code Cash vs Fasta
Fasta (fasta.co.za) is unique in the SA market for offering micro-loans from as little as R150 — the lowest floor of any major NCR-registered lender. Its app-first model and 5-minute approval time make it one of the fastest options. Code Cash's Fasta review highlights both the low minimum amount and the 28.75% p.a. base rate, which is below the NCA cap.
How Code Cash Adds Value Over Applying Directly
Applying directly to a single lender without research means you may miss a better rate, fail an affordability check you could have anticipated, or unknowingly apply to an unregistered lender. Code Cash's role is to reduce that risk by helping borrowers understand the full SA credit landscape before clicking "Apply."
Verdict
For borrowers seeking fast emergency cash of R500–R4 000, Wonga SA or LendPlus are strong options with fast digital processing. For higher amounts or longer terms, Lime24 or Boodle warrant consideration. For ultra-small cash needs, Fasta has no real equivalent in the SA market. Code Cash serves as the research layer before any of these applications.
