- Amount: R5.000 - R50.000
- Term: 7 - 36 months
- Age: 22 - 60 years:
Hopon table of repayments
A representative example
The Annual Percentage Rate (APR) ranges from 63% to 112%. A representative example of this is: on a loan of R15 000 over 15 months at a maximum interest rate of 28%, maximum fees of R68.40pm, credit life fees, maximum initiation fee of R1 197 inclusive of VAT comes to a total cost of R22 717 which equals an APR of 68%.
Hopon experience and discussion
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Is Hopon a scam?
No. The product is absolutely fine and no need to worry about anything hidden. The company Izwe Loans (Pty) Ltd really provides these loans.