Core Loans

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16%

 


Representative Example 

Nett loan amount, R 50,000.00, term 36 months, APR (Annual Percentage Rate) 10.71%, fixed nominal rate at 8.84% p.a., one-time Service fee approximately 2.00% of net loan amount.

Example:
Nett Loan Amount: R50 000.00
APR (10.71%): R8 680.00
Service Fee: R1000.00
Loan Period 36 months
Monthly Instalment: R 1,630.00
Total Amount Payable: R59 680.00

This could apply provided the following: A sufficient credit score and positive affordability criteria at the sole discretion of the credit provider. Please note, this representative example could vary dependent on the service provider granting the credit transaction/agreement.