--- title: "PrimeLoans - Reviews, Revenue and Downloads in South Africa | Apple App Store" description: "PrimeLoans Product Description: Loan amounts: ZAR 500 – ZAR 4,000 Loan terms: minimum 61 days, maximum 90 days (we offer loan terms ranging from 61 to 90 days. If the repayment date falls on a week" --- # PrimeLoans — South Africa ![PrimeLoans App Icon](https://is1-ssl.mzstatic.com/image/thumb/Purple221/v4/99/2d/38/992d3854-5576-eda1-4309-61b9ad647a4d/AppIcon-primeloans-0-0-1x_U007emarketing-0-11-0-85-220.png/434x0w.png) **Developer:** [Unknown](https://apptail.io/developer/unknown-JyChfb) (South Africa) **Category:** Finance **Rating:** 3.5/5 (4 ratings) **Price:** Free **Bundle ID:** za.primeloans **Store:** Apple App Store **Country:** South Africa **Version:** 2.4.0 (released 2026-10-19) **Original Release:** 2025-11-22 **Languages:** English **App Store Link:** [Download on Apple App Store](https://apps.apple.com/za/app/app/id6748526744) **AppTail Page:** [https://apptail.io/app/primeloans-mjyx/south-africa](https://apptail.io/app/primeloans-mjyx/south-africa) ## PrimeLoans Description PrimeLoans Product Description: Loan amounts: ZAR 500 – ZAR 4,000 Loan terms: minimum 61 days, maximum 90 days (we offer loan terms ranging from 61 to 90 days. If the repayment date falls on a weekend or public holiday, the loan term will be automatically adjusted to the nearest business day — making repayments simple and convenient). Maximum APR: 29.2% Initiation fee and Service fee shown in the app include VAT (15%) Fees: Initiation fee — charged once, on activation. Fee depends on Loan amount: * For loans up to ZAR 1,300: 15% of the loan amount. * For loans from ZAR 1,300 up to ZAR 4,000. The fee is calculated as: ZAR 165 + 10% × (loan amount − ZAR 1,000). The initiation fee is shown VAT-inclusive, with VAT (15%) on the initiation fee amount charged at the same time. Service fee — depends on the number of calendar months covered by the loan. Charged on activation. Calculation: * If loan spans two months: Service fee = (number of days until the end of the month in current month) × (ZAR 60 ÷ days in disbursement month) + ZAR 60 for the final month. * If loan spans more than two months: Service fee = (number of days until the end of the month in current month) × (ZAR 60 ÷ days in disbursement month) + ZAR 60 × number of subsequent months. The service fee is shown VAT-inclusive, with VAT (15%) on the service fee amount charged at the same time. Interest is calculated at the applicable daily rate and displayed in the pre-agreement calculation. Interest amount = (loan amount + Initiation fee) × daily interest rate × term. Example: Loan amount (Disbursement): ZAR 2,000.00 Term: 75 days (Disbursement date 17 Oct → Maturity date 30 Dec) Daily rate: 0.08% = 0.0008 Interest = (2,000 + 265) × 0.0008 × 75 ≈ ZAR 136.50 (The calculation amount has been rounded) Initiation fee = 165 + 0.10 × (2,000 − 1,000) = ZAR 265.00 Service fee = 14 × (60 ÷ 31) + 120 = ZAR 147.10 VAT (15%) on Initiation fee: 265.00 × 0.15 = ZAR 39.75 VAT (15%) on Service fee: 147.10 × 0.15 = ZAR 22.07 Total VAT = ZAR 61.82 Final calculation: Principal 2,000.00 + Interest 136.50 + Initiation 265.00 + Service 147.10 + VAT 61.82 = ZAR 2,610.42 Total repayable (VAT on top): ZAR 2,610.42 For any questions, feedback, or hesitations, please contact us via the following methods: Website: Phone: +27 21 139 0909 email: support@primeloans.co.za General information: Prime Loans Technology (Pty) Ltd is a company duly incorporated and registered under the laws of South Africa, with a company registration no. 2024/739416/07 and the National Credit Regulator registration number NCRCP20937 Privacy policy: ## PrimeLoans Screenshots - [Screenshot 1](https://is1-ssl.mzstatic.com/image/thumb/PurpleSource221/v4/79/7b/6b/797b6b05-92d4-d4e5-b7cf-75bf97a784c3/IMG_7276_-_1284x2778.png/1284x2778.png) - [Screenshot 2](https://is1-ssl.mzstatic.com/image/thumb/PurpleSource211/v4/c2/3b/59/c23b597c-e95a-cbb6-e8f5-2eed79721002/IMG_7278_-_1284x2778.png/1284x2778.png) - [Screenshot 3](https://is1-ssl.mzstatic.com/image/thumb/PurpleSource211/v4/7d/3b/02/7d3b0239-2bbf-8913-8946-086bc33a331f/IMG_7279_-_1284x2778.png/1284x2778.png) ## PrimeLoans Rating Breakdown in South Africa - 5 stars: 1 (25%) - 4 stars: 1 (25%) - 3 stars: 1 (25%) - 2 stars: 1 (25%) - 1 stars: 0 (0%) ## PrimeLoans Store Rankings | Chart | Country | Category | Rank | |-------|---------|----------|------| | Top Free | South Africa | Finance | #116 | --- ## About AppTail [AppTail](https://apptail.io) is a mobile app intelligence platform providing app analytics, ASO (App Store Optimization) tools, keyword tracking, competitor analysis, revenue estimates, and review monitoring for iOS App Store apps. 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