Benefits Offered by the Capfin 1 Month Loan

Benefits Offered by the Capfin 1 Month Loan

The tough economy has many people struggling to stay afloat all over the world. South Africans are also finding it increasingly difficult to keep up with rising living costs. This has led to an increased reliance on personal loans. While traditional lending institutions like banks offer a variety of financial solutions, they often have strict lending criteria. As a result, more people are turning to micro lending institutions for financial reprieve.

The Capfin 1 month loan is a new offer from Capfin, offering South Africans a convenient financial solution for their financial emergencies.

More about the Capfin 1 month Loan:

The Capfin 1 month loan is easily accessible. By simply visiting any of the more than 1740 Pep and Ackermans stores nationwide, you can apply for the finance you need.

The Capfin 1 month loan offers clients access up to R4000. This loan amount is repayable within 30 days. Even though a 10% initiation fee will be charged, the Capfin 1 month loan has the reputation of being the cheapest 1 month loan in South Africa. As an interest-free loan, the Capfin 1 month loan offers clients a convenient and affordable way to access extra cash.

To apply for this loan, applicants must provide the following:

  • Valid South African ID
  • Latest 3 months’ bank statements
  • Latest payslip

In order to qualify for this loan, you also need to be permanently employed. You also need to have a monthly income that is paid into a South African bank account.

Once you have all necessary documents, you can head to your nearest Pep or Ackermans store. Your documents will be scanned at the till. Within 5 minutes a Capfin consultant will call you back to complete your application.

There are no long bank queues to wait in and there is minimal paperwork involved.

Loans are granted based on individual affordability and creditworthiness. Once you are granted the loan, there are no limits in terms of how you can use the loan.

For more information about the Capfin 1 month loan, call: 087 354 0000



Categories: Loans