Dengoo is a free loan-selection service: you register once and it shows you a selection of 8 loan offers from licensed lenders. Lenders on its home page include LendPlus, Creditum, MyLoan and Lime24, so you can compare several options without opening one website after another.
The offers are grouped by situation. New customers can start with up to R1 000 at 0.01% a day, regular customers can borrow up to R2 500, and there is an offer of up to R5 000 at 16% a year aimed at rebuilding a credit history. Published rates range from 3.65% to 58.4% a year.
Registration needs little more than your ID and your phone. You then apply on the lender’s own website, which assesses your request and, if you are approved, pays the money into your account.
What does Dengoo offer?
- Free service: Dengoo charges nothing for using it
- A selection of 8 loan offers after one registration
- Starter offer for new customers: up to R1 000 at 0.01% a day
- Published annual rates from 3.65% to 58.4%
- Terms from 1 day up to 365 days, depending on the lender
What are Dengoo’s loan terms?
| Type | Loan-matching service (connects you with lenders) |
|---|---|
| Amount | R 1 000 – R 5 000 Dengoo does not publish a minimum amount. Its offer tiles show up to R1 000 for new customers, up to R2 500 for regular customers and up to R5 000 for credit-history offers; the footer states that partner lenders can go up to R350 000. |
| Term | 1 to 365 days From the footer of dengoo.co.za. The starter offer at 0.01% a day applies to terms from 60 days. |
| First loan | Some partner lenders offer new customers a first loan at 0.01% a day: Dengoo’s starter tile shows up to R1 000 at this rate. |
| Published cost range | From 3.65% to 58.4% a year, as published; the partner lender sets your rate |
| Age | Set by the partner lender |
| Cost of the service | Free: Dengoo does not charge for using its service. |
How much does a loan through Dengoo cost?
To compare it with other options, look at the total cost of credit and the full amount to repay. When a lender makes you an offer through Dengoo, it must give you a pre-agreement quote with the interest rate, every fee and the total to repay before you sign. You can estimate the instalment with our loan calculator.
What do you need to apply with Dengoo?
- An identity document (Dengoo mentions a passport) and your mobile phone to register
- The partner lender you choose asks for its own documents, usually your SA ID, bank details and proof of income
- Age: Set by the partner lender
Credit record and blacklisting: Comparing offers on Dengoo is free. The partner lender you choose may carry out a credit check and runs the affordability assessment the National Credit Act requires before it signs an agreement with you.
How do you apply, step by step?
- Register on dengoo.co.za with your phone number
- Choose from a selection of up to 8 loan offers and companies
- Apply online on the website of the lender you picked
- If the lender approves you and you sign, the money is paid into your account
Who is Dengoo a good fit for?
- You are a first-time borrower and want a low-cost starter offer
- You want to see several lenders after filling in one short registration
- You are working on your credit history and want an offer aimed at that
- You need a small amount and want to choose the term that suits you
Before you sign, keep in mind
- Dengoo does not lend: you sign the agreement with the lender you choose, which sets the final rate, fees and term.
- The starter offer at 0.01% a day is for new customers and terms from 60 days; check the lender’s quote.
- Dengoo says its calculations are approximate; the final terms are on the lender’s website.
- Read the privacy policy of the lender you apply to, as your application is processed there.
Who is behind Dengoo?
| Company | Dengoo (operator not named on its website) |
|---|---|
| Address | Not published on dengoo.co.za |
| Contact | info@dengoo.co.za |
| Website | dengoo.co.za |
FinCredit360 has no ownership link with Dengoo (operator not named on its website). We show these details so you know who you are dealing with; they come from the provider’s own website.
Dengoo: frequently asked questions
Is Dengoo a lender?
No. Dengoo acts as an intermediary between you and licensed financial institutions. It shows you a selection of loan offers; the agreement is signed with the lender you choose.
How much can I borrow through Dengoo?
The offer tiles show up to R1 000 for new customers, up to R2 500 for regular customers and up to R5 000 for credit-history offers. Dengoo’s footer says partner lenders can go up to R350 000.
Is there a cheap first loan?
Yes, Dengoo highlights a starter offer for new customers: a first loan at 0.01% a day, up to R1 000, for terms from 60 days. The lender confirms the conditions in its quote.
What does Dengoo cost?
Using Dengoo is free. The rates it publishes for partner loans range from 3.65% to 58.4% a year.
What do I need to register?
Dengoo says you only need an identity document (it mentions a passport) and your phone to register. The lender you choose then asks for its own documents, such as bank details and proof of income.
What are the alternatives to Dengoo?
If you want to compare before deciding, these options cover similar needs. You will find all of them in our loan comparison.
Century (CreditZA)
Direct lender- Amount
- R 500 – R 8 000
- Term
- 5 days to 6 months
- First loan
- Standard cost
- Age
- 18 or older
A Cape Town direct lender: R500 to R8 000 from 5 days to 6 months, with every rate and fee published next to the calculator. Affiliate link · Century Financial Services (Pty) Ltd decides on approval after an affordability check.
Jabulani Money
Direct lender- Amount
- R 500 – R 4 000
- Term
- Matched to your payday
- First loan
- Standard cost
- Age
- 18 or older
A registered South African payday lender: R500 to R4 000, repaid on your salary date, with a decision in minutes. Affiliate link · Clearwave Innovations (Pty) Ltd, trading as Jabulani Money decides on approval after an affordability check.
Creditgenius
Loan-matching service- Amount
- R 500 – R 8 000
- Term
- 91 to 120 days
- First loan
- Standard cost
- Age
- 18 or older
A free loan finder: R500 to R8 000 over 91 to 120 days, with a published example and a public list of partner lenders. Affiliate link · Creditgenius does not lend: you sign the agreement with the lender you choose.
Sources
Affiliate links: if you apply through “See offer” or “Apply”, FinCredit360 may earn a commission from Dengoo, at no cost to you. It does not change the facts we show. How we make money.