Best loans online in 2022

Company

We enable people to enrich their lives by providing them with ready access to useful financial solutions. Want to spoil yourself? Need a gift for someone special or need money for an unforeseen circumstance? Izwe Loans gives you the freedom to spend your money however you feel fit. Whether you need the money to assist you with an unforeseen life event or even a well-deserved vacation , Izwe Loans grants you the freedom of choice to do what you want with your money.

Representative example

Representative example: Loan amount: R15 000, Loan term: 15 months, Maximum fees of R68.40pm, Credit life fees, maximum initiation fee of R1197, Inclusive of VAT, Total cost of loan: R22717, APR: 68%

NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

Application processing time

Once your loan has been approved, you will receive your money within 24 hours. This is subject to all your documents being in order.

Requirements

You do need to be permanently employed.

Documents required

A copy of your South African Bar coded ID.

An original employer branded payslip (not older than 45 days from the date of application).

3 months Bank Statements.

Registration number

2004/012468/07

Important information

If you are unable to pay your instalment in full and on time please Contact Izwe’s Loans Call Centre as soon as possible so that alternative arrangements can be made.

If you make your repayment and do this on time, the following consequences can be avoided:
- You could be charged a default administration fee, and you will continue to be charged interest on the outstanding balance of your loan.
- Your default could be reported to the Credit Bureau and you could have a bad credit record, which will result in you struggling to get further credit in the future.

WARNING: Before borrowing please make sure that you read all the terms and conditions in your loan agreement.

Address

Aloe Grove, Houghton Estate Office Park 2 Osborn Road, Houghton Estate 2128, South Africa.

Additional information

Phone: +27 (010) 206 7400
Email: info@izwe.co.za