How to Apply

 

STEP 1: Decide on the amount you want to borrow


Use the sliders to select an amount you want to borrow and the repayment date. The system will automatically work out the total amount (including interest & applicable fees) that you will be required to pay on your payday. That way, there are no suprises or unknown charges that you will face. Clients can choose an amount to borrow between R500 and R3000. Now that you know how much your repayment will be, you can proceed and enter your ID number, agree to the terms & conditions and complete an application form.


STEP 2: Complete an easy online application form


In your application form you will need to supply the following details: Contact details, physical and postal address, employer details and details about your expenses/bank statement. You will also need to provide your banking details which will help us transfer the loan amount you applied for once your application is approved. It will also help us load a debit order for the repayment.

 

 

STEP 3: Ka-ching money is transferred to your account


Following our processing of the information you provided in your application, we will conduct a quick financial check and if all is in order, the loan is approved. We will then immediately process a payment of the loan amout into your bank account that is used for payment of your salary. No payment of an approved loan amount shall be made to another/third party bank account other than the one provided in your application form. The onus is on the applicant to ensure that the account is active. You will need to approve a Debicheck prior to the loan amount being transferred to your account.


Non-repayments

We encourage all our clients to commit to honouring their repayment terms. In instances where there is non-repayment an additional R69 service fee will be charged and a further 5% interest on the outstanding balance will be charged each month. Should you fail to fullfil your obligation to repay the loan amount interest for a period of two months, your account will be handed over to an external debt collection company. This could have a negative impact on your credit rating, which may adversely affect your chances of accessing credit facility in the future.


Compliance and Privacy

We encourage all our clients to commit to honouring their repayment terms. In instances where there is non-repayment an additional R69 service fee will be charged and a further 5% interest on the outstanding balance will be charged each month. Should you fail to fullfil your obligation to repay the loan amount interest for a period of two months, your account will be handed over to an external debt collection company. This could have a negative impact on your credit rating, which may adversely affect your chances of accessing credit facility in the future.