FAQ
When do I get the money in my account?
The same day by 5PM.
How long does the process take?
Same day money in your account is our motto! As long as we get your documents and are able to do an employment confirmation on the same day.
How do you collect the repayment?
We place a debit order on your account that you sign for.
How do I get an increase in my loan amount?
Once you have repaid at least 3 loans, you may apply for an increase.
What if I change banking or employment details?
You need to inform us of any changes to your banking or employment details PRIOR to your payday otherwise your credit record will be severely affected.
I just started a new job. Can you help me?
Unfortunately, not. You need to have been in your current job for at least 3 months.
I live in Polokwane, Umtata, Mafikeng, Hazyview, Robben Island. Can you help me?
Yes! We can help you if you live anywhere within the borders of the Republic of South Africa.
What is the penalty for missing a repayment?
The additional interests will be charged on a pro rata basis when missing a monthly repayment. We will give you order to rectify it as soon as possible.
What is the repayment period?
The loan is a short-term loan and needs to be paid back on salary pay date.
What Interest rate is charged?
The interest rate is as low as 5%
How long does it take for me to receive my cash loan?
Once your loan has been approved the cash will be in your account within 24 hours.
Do the repayments come off my account through a debit order?
Yes, a debit order will come off your account on the given date and for the given amount.
How many months do I have to pay off my loan?
Next salary pay date.
What if I cannot afford to repay the loan?
There must be a legitimate reason for not being able to pay back the loan in the first month. Legal proceedings will be involved, and a course of action discussed.
What are the minimum and maximum loan amounts?
The minimum loan amount is R500, and the maximum loan amount is R5 000
How will I know if I qualify for the amount applied?
Once you have done the application and submitted all the required documents, we will do a credit check and assess your affordability before issuing any cash loans.
What documents are required to apply?
- A valid South African ID
- Your latest pay slip
- 3 Months bank statements
- Registered cell phone number