Loan
Reviews and step-by-step guides for personal loans in South Africa: amounts, terms, personalised interest rates, the NCA fee caps, credit life insurance and the link to each lender’s official website.
Loan
Featured
Debt consolidation loan: when does it actually save you money?
Absa Personal Loan: up to R350 000 with a rate from 13,75%!
Absa Personal Loan: how to apply
Capitec Personal Loan: up to R500 000 over up to 84 months!
Capitec Personal Loan: how to apply
Nedbank Personal Loan: up to R400 000 with R200 cash back a month!
Nedbank Personal Loan: how to apply
What does a personal loan really cost in South Africa? The NCA fee caps explained
Frequently asked questions
Need help? See some questions we get asked frequently.
Is Kredua a credit provider?
No. We do not lend money, take applications or make credit decisions, and we are not registered with the National Credit Regulator because we do not need to be. We describe loans offered by registered credit providers and send you to their official websites.
What interest rate should I expect on a personal loan?
Rates are personalised. Published starting rates at the banks we cover begin around 12,5% to 13,75% a year, and the National Credit Act caps unsecured credit at the repo rate plus 21 percentage points, roughly 28% to 29% a year. Initiation and service fees are capped separately.
How long does it take to get the money?
Existing clients who accept a provisional offer in their bank's app can be paid out the same day, sometimes within minutes. New clients who submit documents usually wait one to a few business days for verification and the affordability assessment.
Still no answer?
Contact us! Our team of specialists will be happy to help.