Side-by-side comparison
| Feature | MoneyHello | Wonga SA | Letocredit | Boodle | FinChoice | Capfin |
|---|---|---|---|---|---|---|
| Type | Comparison | Direct | Comparison | Direct | Direct | Direct |
| Min amount | R500 | R500 | R100 | R100 | R8,000 | R1,000 |
| Max amount | R250,000 | R8,000 | R15,000 | R8,000 | R250,000 | R50,000 |
| Term | 3–72 mo | Up to 6 mo | 61–365 days | Up to 6 mo | Up to 36 mo | 6–12 mo |
| Max APR | 102.14% (disclosed) | NCA cap | 36% (disclosed) | NCA cap | NCA cap | NCA cap |
| Payout speed | Lender-dependent | Same day | Lender-dependent | Same day | 1–2 days | 1–2 days |
MoneyHello vs Wonga SA
Wonga SA operates as a direct short-term lender on payday-style amounts capped at R8,000. MoneyHello can deliver similar speed on small sums while also routing you toward longer personal-loan offers from other panel lenders, which matters when you need mid-term credit (R30,000+ over 24 or more months) instead of a short bridge loan.
MoneyHello vs Letocredit
Both platforms operate as comparison services rather than direct lenders. Letocredit discloses a narrower rate band (up to 36% APR) on smaller sums (up to R15,000) with terms reaching 365 days. MoneyHello's disclosed envelope is wider on both amount (up to R250,000) and maximum APR (102.14%) because its panel mixes short-term and long-term personal-loan products.
MoneyHello vs FinChoice and Capfin
FinChoice and Capfin rank among the larger direct instalment lenders in South Africa, with ceilings of R250,000 and R50,000 respectively. A direct application can produce a tighter, more predictable quote when you already know you want a specific long-term consolidation loan. MoneyHello earns its keep by delivering three to five alternative quotes from a single application, including lenders you might not discover on your own.
Our verdict
Treat MoneyHello as a first stop to see what the market quotes for your profile, especially when income and amount needs are still unclear. Compare APR and total cost of credit across matched offers, then negotiate or accept the best fit directly with that lender. If the lender and amount are already decided, a direct application may save time.
FAQ — Comparison
Is MoneyHello better than applying directly to Wonga SA? Depends on the need. MoneyHello suits wide-range comparison across multiple options; Wonga SA suits a fast payday-style loan when you do not want to compare.
Does MoneyHello or Letocredit disclose lower maximum rates? Letocredit's maximum APR (36%) is lower but applies to a much smaller amount range (up to R15,000). MoneyHello's higher maximum (102.14%) reflects small, very short-term products in the panel mix.
Should I compare offers from more than one aggregator? Worth considering. Different aggregators partner with different lender panels, so running MoneyHello and Letocredit together can surface more offers than either alone.