Capfin Loans

Capfin is a trusted and loyal personal loan provider for you in times of need.

Founded in 2010, Capfin is a well-known company that can provide you with affordable loan products and services. They are a registered credit provider, so you can feel comfortable knowing that you are dealing with the right people.

Online personal loans through Capfin

Capfin provides you with an online platform, where you are able to apply for a loan in just a few easy steps. With a start-up team of 3 members, to over 1000 people working for them. Capfin strives to give you only the best service.

With a top-of-the-range online platform that is constantly updated and screened for any possible problems, Capfin keeps its customers happy all round. Positivity is key in today's world, and Capfin strives to keep this bar high for you.

Simple, easy, and accessible personal loans

The business's mantra is to improve lives by empowering people. Capfin bases its business principles on providing you with easily accessible, fast, and simple personal loans. Capfin makes your lives slightly easier and less chaotic, while still being able to provide financial assistance.

Personal loans partnered

Being in a partnership with PEP and Ackermans, Capfin now allows you to apply and take out a loan at any of their stores nationwide. This makes it so much easier for you. Regardless of whether you are in town or a while away from a Capfin branch, you will be able to get the exact same assistance at a PEP or an Ackermans and receive the exact same service and results.

Convenience is right at your doorstep with Capfin and their partners, as they are trusted and popular retail brands. You can trust applying for large amounts of money through them and stay safe doing so too. Capfin is also an entirely-owned subsidiary of Pepkor.

While offering you personal loan options with a maximum of R50,000, you are also able to choose a repayment period of a minimum of 6 months or a maximum of 12 months.

Accessible and simple personal loans

One of the main aims of Capfin personal loans is to provide you with affordable options that are easily accessible. Capfin makes this possible by making your loan account accessible at any time.

A company that grants you personal loans without checking if you are able to afford the repayments, would be careless. That is why Capfin first assesses your affordability, where they check whether or not you will be able to afford the personal loan you are wanting to apply for.

Banking with a company that has your back, is always an upside. Feeling secure and confident in your finances has never felt this good.

The interest rate on personal loans

The interest rate that is charged is regulated by the NCA:

• 3 and 6 months loans, under R8,000 are charged at 5% per month for the first loan and 3% per month on subsequent personal loans
• Personal loans taken over 12 months are charged on the repayment rate of +21%, which works out to 24,5%

Your personal loans stay with Capfin

In the case of death, Capfin frees your family members of any extra burdens regarding you. They will write off any of your outstanding personal loan amounts. In order to claim, they require the following:

• Copy of the deceased member's Capfin account ID
• Certified death certificate

You can submit the above to the email provided on the website or you can click on the upload documents button under the “Apply” heading. You can conveniently upload your documents there too.