Frequently Asked Questions About Loans
Find clear answers to common questions about short-term loans, repayments, and applications.
Frequently Asked Questions About Loans
Find clear answers to common questions about short-term loans, repayments, and applications.
Clear Answers to Common Loan Questions
Before applying for loans, it’s important to understand the details. This page answers common questions about short-term loans, repayment timelines, interest rates, and the application process, helping you make informed decisions with confidence.
The additional interests will be charged on a pro rata basis when missing a monthly repayment. We will give you order to rectify it as soon as possible.
The loan is a short-term loan and needs to be paid back in 1 month.
Interest rate from as low as 5%
Once your loan has been approved the cash will be in your account between 24 hours later.
Yes, a debit order will come off your account on the given date and for the given amount.
1 Month
There must be a legitimate reason for not being able to pay back the loan in the first month. Legal proceedings will be involved, and a course of action discussed.
The minimum loan amount is R500, and the maximum loan amount is R3 000.
Once you have done the application and submitted all the required documents, we will do a credit check and assess your affordability before issuing any cash loans.