Personal Loans: Interest rates for personal loans in South Africa 10% to 30% per annum
Payday Lonas: Payday loans come with higher interest rates compared to personal loans. Interest rates for payday loans can be as high as 30% to 60% per month
Short-Term Loans: Short-term loans, similar to payday loans but with slightly longer repayment terms, high-interest rates ranging from 20% to 60% per annum.
Secured loan: Secured loan interest rates can range from 5% to 15% per annum.
Credit card interest rates in South Africa, ranging from around 15% to 25% per annum or even higher.