FAQs

• Municipal bill statement
• Clothing store, and cellular account statement
• Recent Lease/Rental agreement
• Official SARS document not older than 3 months
• Short term insurance document not older than 3 months
*We do not allow affidavits and bank statement as proof of address.

You may apply for our loans if you are between the ages of 18 and 55 years.

Unfortunately, we do not offer loans for potential clients under debt review.

Our interest rates, initiation fees and servicing fees are regulated according to the National Credit Regulator, as prescribed by the National Credit Act No 34 of 2005.
• We will never ask you for any upfront payment to apply for and/or receive a loan.
• Initiation Fee – Is calculated at R 165.00 on the first R 1 000.00 advanced plus 10% of the loan amount over R 1 000.00, capped at 15% of loan amount or R 1 050.00.
• Service Fee – A standard service fee is charged monthly which is applied to your loan account. This is dependant on the amount you apply for on the loan application.
• Fees and interest are based on prescriptions set by the National Credit Act No 34 of 2005.

The probation period for most companies is between 3 and 6 months. Therefore, we can allow your loan application if you’ve been permanently employed for more than 6 months.

Unfortunately, no. You will need to first settle the initial loan to qualify for another one.