INTRODUCTION
A loan is a sort of credit arrangement wherein a certain amount of money is extended to a third party with the expectation that the principal (or value) will be repaid at a later date. The borrower must repay the principal balance plus, frequently, interest or finance charges added by the lender to the principal value.
Loans can be made available as an open-ended line of credit with a predetermined limit, or they can be made for a fixed, one-time amount. There are numerous varieties of loans, such as unsecured, secured, business, and personal loans.
The unsecured credit market in South Africa is being redefined by Capfin. Its approach to business is rooted in ethical, responsible and compliant credit policies and practices, designed to protect customer interests.
LOAN SERVICES
Capfin works to simplify, expedite, and make loan applications easily accessible. It gives clients the flexibility to apply for a loan whenever they want and from any location. Capfin provides loans up to R50,000 with up to 12-month repayment terms. Its retail partners, such as PEP and Ackermans, as well as safe online and mobile channels, make its products easily accessible.
The secret to Capfin’s success is a robust corporate culture. Since its customers are the center of its operations, the company takes great pride in its ability to comprehend and address their needs.
People from the Capfin region are proud of what they do, meticulous in their attention to detail, and committed to constantly improving. They constantly support one another’s development so that they can produce extraordinary outcomes.
REQUIREMENTS
- A valid SA ID
- 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
- Must be 18 years or older
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