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Home Application Capfin Loan Requirements (Online Loan Application)

Capfin Loan Requirements (Online Loan Application)

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Capfin offers personal loans of up to R50 000 over 6 or 12-month terms. Apply online, SMS your SA ID number to 33005, or visit any PEP or Ackermans store.

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Capfin Loan Requirements

Before your application will be taken into consideration by Capfin, you must fulfill basic requirements.

  • A valid South African ID number
  • Must be permanently employed and receive salary every month.
  • A valid and functional telephone number.
  • A valid and functional South African Bank Account.
  • The applicant must be at least 18 years of age thus 18 years or more.

Capfin Loan Requirements Online Application

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The following are the documents for the Capfin Loans Application :

  • Your Identity Document (ID) containing your 13 digits and
  • Your recent or latest official payslips OR
  • Three (3) recent bank statements

Use their secure website to upload these files. Once you’ve completed the online application forms, a consultant will get in touch with you to close the deal.

By clicking on the browse files button after providing your ID number, you can upload your documents by following this link.

When you press the button, the system will launch the file manager on your mobile device, search for the location of your documents, and let you choose which ones to upload.

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You must repeat the process until all of the papers are uploaded if they are kept in several folders or places.

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Frequently Asked Questions

1. How do I know that I qualify for Capfin loan?

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What Do I Require to apply for a Capfin Loan?

  • A valid SA ID.
  • 3 latest payslips or 3 latest bank statements.
  • Must be permanently employed and earn a monthly salary.
  • A valid cell phone number.
  • A valid SA bank account.
  • Must be 18 years or older.

2. How long does Capfin take to validate?

When Capfin approves a loan request, it can take 48 working hours to make the transaction.

3. What is the maximum value of a Capfin loan?

At Capfin we offer affordable and easy-to-manage loans of up to R50 000 with 6 or 12-month repayment terms. Our transparent loan products and services ensure that you get what you pay for with no hidden costs. We make managing your loan easy by allowing you access to your loan account at any time.

4. Can you have 2 loans with Capfin?

With the private financial company Capfin, you can take up a second loan if you have finished paying your existing one. Usually, the company will send you an SMS every month confirming the amount of money that is available for you to borrow.

5. Which loan is easiest to qualify for?

Payday loans are short-term loans designed to be paid back by your next pay period or within two weeks of taking out the loan. Because most payday lenders don’t check your credit, these are easy loans to get.

6. What bank is Capfin with?

CAPFIN is a division of Century Capital (Pty) Ltd, a registered South African credit provider. Our registration number with the National Credit Regulator is NCRCP74.

7. Does capitec offer temporary loans?

A temporary loan is accessible to Capitec customers and allows you to borrow small sums of money for a short period of time for anyone who meets the requirements. This ensures you have the cash you need when you need it. You can apply for a Capitec Bank Temporary loan in a number of ways. Apply Online.

8. How do I get a loan from Sassa?

One of the ways in which you can obtain a personal loan via Sassa is if you operate with Moneyline, a financial company that offers credit solutions. Another option is to request a Net1 short-term loan with your Sassa card. To access the money, you should open an Easy Pay Everywhere account.

 9. What happens if I don’t pay my Capfin?

If you fail to make any payment punctually, you agree that CAPFIN may immediately claim the entire amount you owe in terms of the agreement from you (which includes, without limitation, loan amounts, arrear interest, and any other monies owing against the outstanding loan amount).

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