Rating based on 51 reviews

EC Finance

  • Student loans up to R120,000
  • Low-interest starting from 32.10%
  • Repayment up to 60 months

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EC Finance homepage
Author EC Finance. Screenshot of EC Finance website.
[Accessed September 15, 2021]

About EC Finance

From the year 2005, EC Finance has assisted in personal credit loans. We have gone out of our way to ensure that a client is satisfied by ensuring that we cover emergency expenses.

Need a new cellphone?

If you are looking for a cellphone contract, we can also help you with a good mobile deal. After completing the online loan application, we will tell you whether you meet our advance requirements or not.

EC Finance Services

The fact that we offer online instant loans means that after we approve your loan application, you get the money immediately. After this, you are free to use the money however you see fit.

People with a bad credit history are welcome

We know that people tend to misuse money and end up being bad payers. Regardless of such a credit record, we still welcome blacklisted individuals because we know how it feels like to have little to no assistance. Make use of our credit plans including student loans and get the best out of our financial plans.

EC Finance – Student loan

  • Loan Type Student loans
  • Interest Rate 32.1060% p/a
  • Loan Amount up to R120,000
  • Repayment 60 months
  • Decision 6 hours

Benefits of EC Finance

  • Same-day approval
  • Bad credit is welcome
  • Low-interest rate

Student loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

Get a loan in a few easy steps with EC Finance

The last thing you want is to have a financial predicament be the reason why you can’t carry on with your studies.

It is for this reason why our student loans are specially made to finance your studies. EC Finance will not only give you an affordable loan, but it will also give you an education plan that will make you realize your potential.

Everyone is welcome to apply

The fact that everybody can apply for a student loan package means that everybody will have an opportunity for a bright future.

How much do I qualify for?

We know how expensive education at a higher institution can be. Although a maximum of R50 000 might not be enough to cover your entire degree, it should be sufficient to ensure that you are covered on your first year. Another option you can make use of is personal loans which will at least ensure that money is the least of your worries during your varsity years.

A blacklisted history doesn’t scare us

Whether you would like to apply for a student loan or short-term loan, we will consider your application just like anyone else. This is regardless of how bad your credit history is. Education is important to us and your bad credit history shouldn’t stand in the way of you getting the kind of learning you are yearning to get.

How do I pay the EC Finance student loan?

It is best to get student loans that compromise an easy repayment plan that is affordable and doesn’t include a lot of things. Although it usually takes up to 5 years to finish paying the student loan, you can always finish paying it sooner. Ensure that you stick to your monthly instalments to avoid charges and loan penalties. Paying your credit plan sooner will give us the impression that you are quite serious with your loan and want to finish it as soon as possible.

This way, we will see absolutely no problem giving you a loan in the future. The fact that you never know when you might need us again means that you shouldn’t misuse our kindness and take it for granted. When you create good relationships with people, it will be easier for them to help you in the future. In essence, how everybody ought to live in life. Always treat people with love and respect and they will return the favour by ensuring that you are also well taken care of.

Customer Reviews & Testimonials

June 2019

I didn’t know how I was going to finance my education after being repeatedly turned down because of my poor credit history. So you can imagine my relief when I contacted EC Finance and they told ...

Gugu M
— Roodepoort —

April 2019

They were honest, openly informing me of all the information about my student loan and the costs.

Thami M
— Pinetown —

EC Finance Contact

Contact Number


  • not available


Physical Address

Opening Hours

  • Monday 08:00 – 17:30
  • Tuesday 08:00 – 17:30
  • Wednesday 08:00 – 17:30
  • Thursday 08:00 – 17:30
  • Friday 09:00 – 17:30
  • Saturday – Closed
  • Sunday – Closed