The table shows estimated interest on a R10,000 loan at 28% per year. It assumes simple interest and 30 days per month; fees and other credit costs are not included.
|
Loan term |
28% per year |
|
1 month |
R230.14 |
|
2 months |
R460.27 |
|
3 months |
R690.41 |
|
4 months |
R920.55 |
|
5 months |
R1,150.68 |
|
6 months |
R1,380.82 |
Interest |
Loan amount |
Term |
NCR Registered |
||
|---|---|---|---|---|---|
|
|
APR from 12% to 36%
|
R500 — R350,000
|
from 6 to 72 months
|
Loan broker Crezu
|
|
|
|
APR from 11% to 35.99%
|
R1,000 — R350,000
|
from 6 to 72 months
|
Loan broker Fatcat loans
|
|
|
|
|
R100 — R350,000
|
from 3 to 72 months
|
Loan broker Arcadia Finance
|
|
|
|
APR from 12% to 36%
|
R500 — R350,000
|
from 6 to 72 months
|
Loan broker CashPort
|
|
|
|
|
R200,000
|
|
Company Reg no.: 2015/231510/06, Credit provider Reg no.: NCRCP10774
|
|
|
|
APR up to 52%
|
R500 — R100,000
|
from 62 to 365 days
|
Loan broker CreditNice
|
|
|
|
APR from 0% to 36%
|
R1,000 — R50,000
|
from 91 to 120 days
|
Loan broker Binixo
|
|
|
|
APR 60%
|
R500 — R25,000
|
from 3 to 72 months
|
Loan broker Money Hello
|
|
|
|
APR from 3.65% to 180%
|
R500 — R15,000
|
from 61 to 365 days
|
Loan broker Creditomax
|
|
|
|
APR up to 36%
|
R500 — R15,000
|
from 61 to 365 days
|
Loan broker LetoCredit
|
|
