How It Works
BUILDING A BRIGHTER FINANCIAL FUTURE & GOOD SUPPORT
1. APPLICATION
1. Click Apply on navigation bar.
2. Attach certified ID copy, recent payslip/3 months bank statement by clicking Send.
3. Include your name and surname in subject line and state the amount to be borrowed.
4. Decision will be sent via SMS.
2. LOAN APPROVAL
1. A credit check will be done to determine your loan eligibility.
2. There's a 1-hour wait for processing.
3. You'll receive approval notification if successful.
4. Funds are then deposited into your account.
3. INTEREST & FEES
The loan has:
1. An initial fee of 15% for amounts ≤ R1000, 10% for subsequent and loan amounts > R1000.
2. The interest rate is 5%.
3. A service fee of R60 applies.
4. Late payments incur additional late fee penalties.
4. ELIGIBILITY CRITERIA
To be eligible:
1. You must be a South African citizen to apply.
2. You must be 18 years or older.
3. You need to be permanently employed.
4. You must have a South African bank account.
Contact Details
Richards Bay, KwaZulu Natal
+27 605092000
info@ksloanspty.co.za
