Creditum – loan application

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Maximum amount R350,000
Interest from 11.00%
Term – 72 months
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Application does not commit you to a loan agreement. Loan is approved by Creditum according to their terms.

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Creditum – repayment table

Estimated monthly repayments at 11.00% monthly interest. Actual terms confirmed upon approval.

Amount \ Term 1 months 3 months 6 months 12 months 18 months 24 months
R100,000 R111,000 R44,333 R27,667 R19,333 R16,556 R15,167
R200,000 R222,000 R88,667 R55,333 R38,667 R33,111 R30,333
R300,000 R333,000 R133,000 R83,000 R58,000 R49,667 R45,500

Representative example

Loan amount R175,000
Repayment term 12 months
Monthly interest 11.00%
Monthly repayment R33,833
Total interest costs R231,000
Total amount payable R406,000

* Example is for illustration only. Actual terms are confirmed upon loan approval.

Quick overview

Loan amount n/a – R350K
Term – 72 months
Interest from 11.00%
Approval Fast, free, 100% online comparison
Age 18+ years
Online application Yes

Requirements

  • ✓ 18+ years old
  • ✓ South African ID
  • ✓ South African bank account
  • ✓ Regular income

Loan features

  • Fast application process: Fast, free, 100% online comparison
  • Creditum compares multiple lenders to find a suitable offer