Fininity OÜ
Crezu is a comparison platform operating in South Africa
registration number: 14523902 (Estonia)
Website:
https://crezu.co.za/
Crezu is a loan comparison platform (not a direct lender) that helps South Africans find and apply for personal loans from trusted NCR-licensed banks and lenders.
Using Crezu is completely free for customers. Crezu is a brand of the company Fininity OÜ. Crezu is not a financial institution, bank, or lender. It operates as an intermediary, connecting customers who are seeking loans with licensed financial institutions. Crezu is not responsible for any loan agreements and do not charge any service fees. You are not obligated to use Crezu service or initiate contact with any lenders Crezu works with.
Loan Terms
- Loan amount: from R500 to R350,000
- Repayment period: from 6 to 72 months
- Annual Percentage Rate (APR): 12% to 36%
- Compare offers — zero impact on your credit score
- Up to 95% approval with minimal requirements
- Personalized offer in 2 minutes, money in 15
Crezu does not charge any upfront fees. All fees related to your loan will be clearly outlined by the lender before you agree to the loan terms.
Types of Loans
- Personal Loans: Ranging from short-term to long-term, with flexible repayment periods.
- Debt Consolidation Loans: To combine multiple debts into one manageable payment.
- Payday Loans: Short-term loans designed to cover expenses until your next paycheck.
- Vehicle Finance: Loans for purchasing new or used vehicles.
Requirements
To apply for a loan through Crezu, you must meet the following requirements:
- Be at least 18 years old
- Be employed for at least 6 months
- Your requested loan amount should not exceed 8 times your monthly income
When applying directly with a lender, you may need to provide the following information:
- Your South African ID number
- Your mobile number
- Your online banking details
How it works
- Apply Online: Fill out a quick application form with your details.
- Receive Offers: Based on your profile, Crezu will present offers from multiple lenders.
- Select Your Loan: Compare options and choose the loan that fits your needs best.
- Get Funded: Once approved, funds are transferred directly to your bank account.
How to repay
Payment methods
- Online banking – Use your bank's internet banking or mobile app to make payments directly to your lender
- Debit card – Pay online using your debit card through the lender's payment portal
- Auto-debit – Set up automatic payments from your bank account on your due date
- In-person payment – Some lenders accept cash or debit card payments at designated branches or payment centers
- E-wallet – Pay via popular South African e-wallet services (check with your lender for available options)
Early repayment
Most lenders allow you to pay off your loan early, often without any penalties. Early repayment may save you money on interest, so it's a great option if you're able to settle the loan ahead of time.
Representative example: Loan of R30 000 to be repaid in 6 months. The total cost will be R1 800, and the total amount to be repaid will be R31 800, with an APR of 12%.
