Please note that these are only approximate figures. All rates are calculated on a daily basis as stipulated by the National Credit Regulator. Please request a quote from us to determine the actual repayment amount and instalment(s) should you wish to apply for a loan.
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Our annual percentage rate is 30%.
All payments are done via debit order.
When you renew a loan, it will be seen as a new loan and therefore the same interest and rates will apply as for the new loans.
Non-payment of your account will result in a R50 service fee and 5% interest added every month. If you fail to make payment for two months, you account will be handed over to an external debt collection company.
Not repaying your loan on time will decrease your credit rating and might make it difficult to qualify for finance at other credit providers in future.