Challenor Finance – loan application
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Screenshot of https://challenorfinance.co.za/, operated by: Challenor® Finance, used under legitimate licence.
Contact
Company
Challenor® Finance
Address
45 Mckenzie Rd, Windermere, Berea, 4001
Website
https://challenorfinance.co.za/
Challenor Finance – repayment table
Estimated monthly repayments at 10.00% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 3 months | 6 months | 12 months | 18 months | 24 months |
|---|---|---|---|---|---|
| R10,000 | R4,333 | R2,667 | R1,833 | R1,556 | R1,417 |
| R20,000 | R8,667 | R5,333 | R3,667 | R3,111 | R2,833 |
| R30,000 | R13,000 | R8,000 | R5,500 | R4,667 | R4,250 |
| R40,000 | R17,333 | R10,667 | R7,333 | R6,222 | R5,667 |
| R50,000 | R21,667 | R13,333 | R9,167 | R7,778 | R7,083 |
| R60,000 | R26,000 | R16,000 | R11,000 | R9,333 | R8,500 |
Representative example
Loan amount
R41,000
Repayment term
12 months
Monthly interest
10.00%
Monthly repayment
R7,517
Total interest costs
R49,200
Total amount payable
R90,200
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
R2K – R80K
Term
3 – 24 months
Interest from
10.00%
Approval
15 minutes
Age
15 minutes
Online application
Yes
Requirements
- ✓ You must be between the ages of 18 and more
- ✓ Be a permanent SA resident
- ✓ Be permanently employed or self-employed
- ✓ Your salary must be paid directly into your bank account
Loan features
- Online loans up to R80.000
- Term 3 - 24 months
- Fast online application