This loan calculator will help you determine an estimate on monthly repayments for various loan amounts

Please note: Every person gets charged a different rate depending on your credit rating and whether you are a low or high risk

Minimum amount that you can enter is 3000 and the maximum is 50000

Minimum Months is 6 months and the maximum is 36 months

After you have entered the details just press "Enter" and you will see the estimated installment.


NB: This calculator will only give you an estimated installment.The correct installment will only be available to you on signing of the contract and it can be lower or higher than the estimated installment.


Cost of Credit:

Cost of credit consists of Interest, monthly admin fee, initiation fee and credit life insurance

Loan terms and cost of credit:

 Loans terms - we offer - 

   3 month loans up to 60 month loans

 Loans Available R3,000 up to R200,000

 The Annual Interest Rate is a maximum of 28% as prescribed and governed by the NCA (National Credit Act, 2005) for unsecured loans with a repayment period of 12 months or more.


A representative example of this is:

On a loan of R15 000 over 15 months at a maximum interest rate of 28%, maximum fees of R68.40pm, credit life fees, maximum initiation fee of R1 197 inclusive of VAT comes to a total cost of R22 717 which equals an APR of 68%.Which means that your monthly installment will be R1514.47

The interest rate will depend on the loan amount, loan term and credit profile of the applicant.