How to successfully apply for a Capfin loan this December

How to successfully apply for a Capfin loan this December. There are three ways you can apply for a Capfin loan:

1. Online application:

• Go to the Capfin website and click on the “Apply Now” button.
• Fill out the online application form with your personal details, employment information, and desired loan amount.
• Upload the required documents, which include your South African ID, your latest payslip, and your three most recent bank statements.
• Submit your application and wait for a decision. You will be contacted by Capfin within 24 hours if your application is successful.

2. SMS application:

• SMS your South African ID number to 33005.
• You will receive a response with a link to the Capfin website where you can complete your application.
• Follow the instructions on the website to submit your application.

3. In-store application:

• Visit any PEP or Ackermans store.
• Speak to a sales consultant and request a Capfin loan application form.
• Fill out the application form and submit it to the sales consultant.
• You will be contacted by Capfin within 24 hours if your application is successful.

Here are some additional details about the Capfin loan application process:

• Required documents:
  • South African ID
  • Latest payslip
  • Three most recent bank statements
• Loan amounts:
  • R1,000 to R50,000
• Loan terms:
  • 6 or 12 months
• Interest rates:
  • 16.5% to 22.5% per year
• Application fees:
  • R100

Here are some helpful links:

• Capfin website: https://www.capfin.co.za/
• Capfin online application: https://www.capfin.co.za/apply-now/application-details

Please note that Capfin is a credit provider and is registered with the National Credit Regulator (NCR). This means that they are required to comply with the National Credit Act (NCA). The NCA is designed to protect consumers from unfair credit practices.

Before you apply for a Capfin loan, it is important to read and understand the terms and conditions of the loan agreement. You should also make sure that you can afford the repayments.