Mobicred – loan application
Contact
Company
Real People Investment Holdings
Address
1 Tugela Way, Westville, Durban, 3629
Website
https://www.mobicred.co.za/
Mobicred – repayment table
Estimated monthly repayments at 18.00% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 3 months | 6 months | 12 months | 18 months | 24 months |
|---|---|---|---|---|---|
| R10,000 | R5,133 | R3,467 | R2,633 | R2,356 | R2,217 |
| R20,000 | R10,267 | R6,933 | R5,267 | R4,711 | R4,433 |
| R30,000 | R15,400 | R10,400 | R7,900 | R7,067 | R6,650 |
| R40,000 | R20,533 | R13,867 | R10,533 | R9,422 | R8,867 |
| R50,000 | R25,667 | R17,333 | R13,167 | R11,778 | R11,083 |
Representative example
Loan amount
R25,500
Repayment term
12 months
Monthly interest
18.00%
Monthly repayment
R6,715
Total interest costs
R55,080
Total amount payable
R80,580
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
R1K – R50K
Term
3 – 36 months
Interest from
18.00%
Approval
24 hours
Age
18+ years
Online application
Yes
Requirements
- ✓ 18+ years old
- ✓ South African ID
- ✓ Monthly income above R5,500
- ✓ SA bank account
- ✓ Three months bank statements
Loan features
- Credit limit R1,000 to R50,000
- Term 3 to 36 months
- Accepted at 1,500+ online stores
- Interest only on used amount
Ready to apply?
Go to official Mobicred website ad