Credi Wise — loans online in South Africa

CrediWise is a short-term online lender in South Africa offering quick and convenient payday loans to individuals financial support. 

The company is legally registered as CrediWise Technology (Pty) Ltd (registration no. 2025/543233/07) and is supervised by the National Credit Regulator (NCR). Founded in 2025, CrediWise focuses on providing fast electronic loans without requiring visits to a physical office or excessive paperwork. 

Loan Terms

• Loan Amount: from R500 up to R4,000
• Loan Term: from 1 month to 6 months
• Interest is 5% per month for first loan (3% for subsequent loans). 
• Initiation fee R165 + 10% over R1,000. 
• Monthly service fee R60 + VAT. 
• Credit life insurance R5.50 per R1,000.

Borrower Requirements

• To qualify for a CrediWise loan, applicants must:
• Be at least 18 years old
• Be a South African citizen or permanent resident
• Be in permanent employment
• Have an active bank account in your name
• Provide original SA ID

How to apply and get a loan

3 easy steps to apply:

1. Choose amount. Use the loan calculator to select how much you need
2. Create an online profile. Follow the quick simple steps to complete the online profile
3. Get response. You can expect to receive an SMS confirmation, once approved and upon acceptance of loan agreement and debicheck, money is disbursed into your account

How to repay

Debit order deduction

When you apply for the loan, CrediWise arranges debit order deduction of your loan repayment from your verified bank account. The payment will be deducted on the due date. Please make sure there are enough funds in your account before or on the due date.

Payment via your personal account

An alternative payment option is available through our partners in your personal account.

Payment methods:

• Capitec pay
• EFT
• OZOW
• Pay in store
• Card