If you want to borrow a large sum of money, you should go for a long term loan. If you need a few hundred or a few thousand rand only, a short term facility will be the cheaper option for you.
If you want to save money on the total cost of the loan, you should select the loan with the shortest possible term. This will generate great savings on interest. If your goal is to pay lower monthly instalments, you should go for a facility with a longer term.
Generally, short term personal loans in Pretoria are used for covering emergency expenses and for filling holes in the monthly budget. The long term ones are typically used for financing major purchases, home improvement projects and tertiary studies.