Loan amountR 100 – R 10 000
Repayment term1, 2, 3 months
Interest rate21.25% exampleAnnual interest in the page example

What to know at a glance

Withdrawals from an approved account. The published borrowing range starts at R 100. Approval and your final terms depend on the lender’s assessment.

Fees and the full cost

The R5,000 / 3-month example totals R6,126 including interest, fees and insurance. Free activation does not mean free borrowing.

Initiation fee
Charged in portions as money is withdrawn. The loan agreement does not publish a universal numerical tariff; check the pre-agreement quotation.
Monthly service fee
The amount is specified in the pre-agreement quotation. A numerical monthly fee and VAT breakdown are not confirmed on the reviewed pages.
Credit life / protection
The Personal Protection Plan is mandatory, with equivalent replacement cover allowed. Unlike a regular loan, MobiMoney premiums use the deferred balance from time to time, at a rate per R1,000. No numerical premium rate is published; check the policy schedule for your covered risks and exclusions.

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 withdrawal range starts at R100; the calculator starts at R500. These are withdrawals against an approved limit, not standalone personal loans. The example rate is not a guaranteed offer.

Before you apply

  • Approved MobiMoney account and affordability assessment
  • Accept a DebiCheck mandate
  • Upload the documents requested by Finchoice

Other Finchoice options

These products or customer groups have their own limits and pricing.

What happens next?

The button takes you to Finchoice’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

Registration information published by the lender: NCRCP8162 / NCRCP23514. This is not a live registry verification. Check the NCR register and confirm the legal entity before applying.