Introduction
A loan is a way to borrow money from a bank or financial institution, usually at a higher cost. A loan is usually repaid with interest, by either a set payment, or over a set period of time. Lending money is a form of credit. Loans can be difficult to obtain if you don’t meet the lender’s criteria. But with capfin, you can get an unsecured loan of up to R50,000 in 2 minutes.
Capfin is a personal loan provider that provides personal loans for as low as R1 per day. This means that you can receive a personal loan of up to R50,000 in the span of 2 minutes. This is a fast and easy way to borrow money and it’s a great option for building a credit score. It’s easy to qualify for a loan at Capfin and the process takes less than 2 minutes.
In this blog, we’re going to discuss how to get a loan with Capfin by exploring the company, how the process takes less than 2 minutes, and how the company has great rates and an easy application process.
What is Capfin Loan?
Capfin is a South African lending institution that offers affordable and easy to manage loans of up to R50 000 with 6 or 12 month repayment terms.
Capfin’s transparent loan products and services ensures that you get what you pay for with no hidden costs. They make managing your loan easy by allowing you access to your loan account at any time.
What are the requirements of Capfin Loan?
To be eligible for Capfin loan, the applicant must have the following:
- Must be 18 years or older
- 3 latest payslips or 3 latest bank statements
- Must be permanently employed and earning a monthly salary
- A valid cell phone number
- A valid SA bank account
- A valid SA ID
How much Loan can I apply for with Capfin?
Capfin offer loans of up to R50 000, based on the outcome of your affordability assessment which considers factors such as your income and expenses, your credit profile and payment behaviour.
What are the Documents you need to apply for CAPFIN LOAN?
You Wil need a valid SA ID, and either 3 latest payslips or 3 latest bank statements to be able to apply for Capfin loan.
How can you Submit Your Documents?
- Upload your documents right here, by selecting the upload tab on the website
- Scan your documents at any PEP or Ackermans store nationwide
- Email your documents to: [email protected] with your SA ID number in the subject line after applying.
- Fax your documents to 0866880000 with your SA ID number noted in writing as reference after applying.
- With your permission, we can assist in retrieving your documents at no extra cost to you if you bank with ABSA bank, Standard bank or Nedbank.
WHAT IS DEBICHECK?
DebiCheck is a secure debit order payment system which allows you to electronically approve your debit order details with your bank.
An approved DebiCheck debit order mandate is required to pay your money into your bank account and collect your monthly instalments.
How to contact Capfin Loan?
You can contact Capfin Loan via any of the mediums below:
Phone: 087 354 0000
FAX: 086 688 0000
SMS: SMS ‘HELP’ to 43679
USSD: *120*5566#
Email: [email protected]
Please Call Me: Click Here to let Capfin Call You
Fill out form: Click here to contact Capfin loan on their website
Where is Capfin Loan located?
Capfin is located at:-
1 Industrie Street
Kuils River
7580
Cape Town
South Africa
How to apply capfin Loan?
To aapply for Capfin Loan, Kindly visit their website (CLICK HERE)
Now on the apply NOW page, provide your Basic information to proceed. You’re to provide the following informations:
- Name
- Surname
- SA
- SA Identify Number
- Cellphone Number (They’ll use this number for authentication)
- Email address (They’ll send your loan documentation to this address)
Now, Agree to the Pepkor group of companies policy and also to capfin’s Terms and conditions and click on Continue to proceed.
Follow the prompt, and your online loan will be available in no time. However, if you are having any difficulties, remember to contact Capfin for assistance.
Conclusion
We hope you enjoyed our blog on how to get a loan. We know how difficult it can be to find the money to make purchases, so we wanted to provide you with information on how you can get a loan with capfin.
We hope you can use these tips to help you get the loan you need to make your purchase! If you have any concerns, feel free to let us know through the comments section. Thank you for reading and we hope this has helped!