Capfin has been making huge strides in the loan market and they have also partnered with Pep in the last couple of years to broaden their market even further and Pep clients are now able to apply for a loan with Capfin via a Pep branch.
When you visit the Capfin website, you are able to view the loan calculations online for a loan up of to R20 000. You simply enter the amount you want to borrow, combined with the term you select from 1, 6 or 12 months and the interest and rates are displayed on the screen for you.
This transparency gives the user the ability to immediately see if they are able to afford the loan and what their repayments monthly will be.
If you want to apply for a loan with them, you need to have a South African ID, 3 months’ bank statements or payslips and then visit the nearest Ackermans store to apply within the store.
They have a very informative website, with loads of pages offering information as well as questions and answers and if you would like to find out more, simply visit their website or give them a call on the customer care line.
Capfin have been doing very well and we believe they will continue to do so in the years ahead and if you are looking for a personal loan, be sure to look at them in detail and as always make sure that you are able to afford the loan, before applying.
We always urge our readers to lend responsibly and not to make sure that you do not fall into debt due to personal loan that you have taken out.
Until next time and be sure to check back soon for more reviews and news on personal on loans in South Africa.