FAQ

1. Are we registered with The National Credit Regulator?

- Yes, our registration number is NCRCP 16738

2. What if I am Blacklisted?

- Unfortunately, we will not be able to assist you

3. Do we do Credit Checks?

- Yes we do. All active loans are uploaded to all Credit Bureas

4. What if I can not afford my loan repayment anymore?

- Get in contact with us so that we can see how we can assist

5. How do we calculate your interest and fees?

We calculate all interest and fees in line with the National Credit Act and acceptable regulations.
Total Repayment = Borrowing Costs and Interest rate Costs and interest rate, installment and total repay are estimated values.
Interest: All the interest rates and fees fall within the prescribed “Short term Credit Transactions” as published in the National Credit Act 34 of 2005.
Interest Rates: The APR (Annual Percentage Rate) for qualifying clients is 28%.
Initiation Fees: These are the maximum fees we are allowed to charge:
- R165.00 VAT per credit agreement 10% of the amount of the agreement in excess of R1 000.00, but never to exceed R1 050.00. This amount excludes VAT and needs to be added to the fee.
- Service Fee: This is a monthly fee of R60.00 VAT (Pro Rata)

6. Can I apply for a loan if I am under debt review, administration or sequestrated?

- No you can not apply.

7. Will I be able to apply by only providing my ID Number?

- No, you would need to complete the online application.

8. Do you need to visit our offices?

- No, all applications are done online

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