- Amount: R1.000 - R200.000
- Term: 9 - 60 months
- Age: 18 + years:
IEMAS table of repayments
A representative example
Assumed borrowing of R15,000 over 15 months at a fixed rate of 28% per annum and a fee of R68.40 per month and initiation fee of R1,197 would result in a representative rate of 68% APR (fixed). The total amount repayable is R22,717.
IEMAS experience and discussion
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Is IEMAS a scam?
No. The product is absolutely fine and no need to worry about anything hidden. The company Iemas Financial Services (Co-operative) Limited really provides these loans.