Loan amountR 1 000 – R 50 000
Repayment term6, 12, 24 months
Interest rateConfirm by termMonthly and annual rate labels differ

What to know at a glance

6, 12 or 24 months. The published borrowing range starts at R 1 000. Approval and your final terms depend on the lender’s assessment.

Fees and the full cost

The FAQ publishes VAT-inclusive repayment examples. Its insurance FAQ and examples disagree on the premium; obtain a current written breakdown.

Initiation fee
R535 in the R4,000 repayment examples, including VAT. This is an example, not a universal fee or formula.
Monthly service fee
Up to R69 per month in the repayment examples, including VAT.
Credit life / protection
Mandatory; equivalent replacement cover is allowed. The insurance FAQ states R5.50 per R1,000 of the loan amount per month, while the R4,000 / 12- and 24-month examples show R14 monthly. Confirm the premium and calculation basis in your quote. Cover includes death, disability and qualifying loss of income, subject to policy terms.

Compare your total repayment as well as the monthly instalment. Ask for a written quote showing the exact rate, initiation fee, service fees and insurance applicable to you.

A detail worth checking

The homepage labels 5–28.25% as annual interest. The FAQ instead gives up to 5% monthly for its six-month example and 28.25% annually for 12/24 months. We do not present the homepage minimum as an annual offer. Amount/term combinations depend on assessment. An NCR number was not confirmed in the pages reviewed.

Before you apply

  • Age 18+ with a valid South African ID
  • Permanent employment and a monthly salary
  • Three recent payslips or bank statements
  • A supported South African bank account and cellphone number

What happens next?

The button takes you to Capfin’s official product page. You decide whether to start an application there. The lender may request documents, obtain consent for credit checks and assess affordability.

Browsing Fairloan does not constitute an application. We do not collect your identity number, documents or contact details, and we cannot predict approval.

Sources and registration

A registration number was not confirmed in the sources reviewed. Check the NCR register and confirm the legal entity before applying.