What is a personal loan?

  1. A personal loan is an unsecured loan that is available to individual customers. We give a maximum loan amount up to R8000 and offer a repayment period between 1 to 6 months. A personal loan is unsecured which means you don’t have to offer security in order to get your loan approved.
  2. Always ensure you choose a financial provider that suits your needs and are registered with the National Credit Regulator (NCR).
  3. Your personal loan is yours to spend on anything you like.
  4. Make sure you have a personal budget with your Income and Expenses to ensure you can afford the monthly repayments.
  5. Our fixed interest rate and contract cost means your monthly repayment will stay the same for the whole term.
  6. Make sure you understand the cost and conditions of a loan before you accept an offer.
  7. Consider a personal loan rather than a retail account, since the total repayment will be considerable less.
  8. A good credit record is something that every consumer need. If you consistently meet the necessary repayments you’ll build up a solid credit record and should you apply for further credit, such as other loans or accounts, you’ll be more likely to be granted the credit you need.



  1. We make use of Aspis for our Loan Protection Insurance.
  2. You are allowed to make use of your own credit insurance – please review the information sheet underneath.
  3. You can also speak to us about our Funeral Plan available to all our clients.