LOANS SOUTH AFRICA NO UPFRONT FEES OR SUBSCRIPTIONS
















Less than 6 monthsMore than 6 months


YesNo


Business InsuranceTaxi InsuranceCar Insurance (Pay upto 39% less on your monthly premiumFuneral PlansHouse InsuranceMedical Cover from R321 a month


Yes







✅ LOANS UPTO R250 000


✅ FLEXIBLE REPAYMENT PERIODS


✅ Easy Online Application


✅ NO APPLICATION FEES


✅ APPROVAL IN 24 HOURS


Your interest rate will depend on your personal risk and credit rating. The National Credit Act caps interest rates at 5% a month, 30% over 6 months and 60% a year.

An illustrative example of a loan at an interest rate of 27.75% per annum would be: Loan amount R50 000 plus a once-off initiation fee of R1 207.50 and a monthly admin fee of R69.00, over 72 months. The total cost of the loan will be R 110 594.54 which is a maximum Annual Percentage Rate (APR) of 30.98%. ,

Loan repayment terms range from 6 to 72 months. The maximum interest rate with regards to a Personal Loan is 27.75% per annum (compounded monthly). Your rate and initiation fee will be determined according to your personal risk profile. ,