image of PicotiFin
image of PicotiFin

About – PicotiFin

PicotiFin is a financial service provider with over a decade of experience in the industry. We are based in Alberton, but we provide services throughout the whole of South Africa. We specialise in helping individuals find the perfect personal or student loan and get approved quickly and without hassle.

The process is simplified and super speedy.

We make the online loan application and granting a fast and efficient process. We eliminate the guesswork and uncertainty. You will find out whether you're approved on the day of the application and the granted funds will be transferred to you right away. 

Services – PicotiFin

Picotifin is the SA credit provider who can take you out of cash trouble easily and quickly and without much hassle. We know how nerve wrecking it can be to find yourself without cash in the middle of the month or to be forced to pay a hefty car repair bill when you have limited mans.

the ideal resolution for cash emergencies

That is why we offer super speedy personal loans which are the ideal resolution for cash emergencies. All you have to do is to fill out a short application for and we will contact you to get the loan process going. Upon approval, the cash will be wired to your account right away.

Summary of Services

  • Personal Long-term Loans
  • Student Loans 
  • University Grants
  • Education Finance
  • Study Loans 
  • Personal Loans

PicotiFin Student Loans Review - How Favourable Are They for University Students?

As a student, you have to cover your living costs and pay for books, study equipment and all other kinds of items while you do not earn any income. In this case, a sponsor, who is typically your parent, can take out a student loan on your behalf to help you out. This PicotiFin student loans review will help you evaluate this opportunity and decide whether it will be worthwhile for you.

transparency and dedication

PicotiFin is a provider of credit products and services. The company is based in Alberton but, it operates online and this enables it to serve consumers from all over South Africa. It has been in the industry for over 12 years now and has served many customers. You can expect a professional service based on transparency and dedication to the client.

contribute to your studies

The PicotiFin student loans fall into the group of short-term cash loans. These loans are unsecured so you do not have to place collateral. The loan amount will depend on the income of your sponsor and on his credit history as well. It should be sufficient for covering a chunk of your tuition fees or for daily expenses such as ones on food and travel. Keep in mind that with this type of loan you decide how to spend the money. You have to be extremely responsible about your spending and use the money only in a way which will contribute to your studies.

the short-term loan group

The interest rates on the PicotiFin study loans are similar to those charged on competitor's credit products belonging to the short-term loan group. The company can provide credit to blacklisted people, but they can expect to pay a higher interest rate. You should take into account all fees as well when deciding on the affordability of the loan offered to you.

Used to covering a chunk of the student's expenses

The repayment of the loan typically starts one month after you take it out. The instalments include a chunk of the principal amount plus interest. The maximum loan term is 3 years. A longer term will make the instalments smaller, but it will result in higher interest cost. This review's verdict is that the PicotiFin student loans are useful for covering a chunk of the student's expenses.

 Contact Details

1 Fore Street, New Redruth, Alberton, Gauteng, 1448, South Africa
Ph: 011 907 3459
Fx: 086 536 8797

 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 –