Welcome to Loan SA

Quick Apply

We have developed the fastest way to apply for a loan. Our loan process only takes 3 minutes to complete. What makes us unique is our service package that has a wide range of services for you. We even assist clients that have a poor credit rating, garnishee and defaults. There is no need to submit any documents as the entire process is done online. One of our key products that is included in your membership is our legal assist services, you will receive unlimited telephonic legal services, contract assist services. You can use your Loan SA loan for whatever you like: Home improvements, Debt consolidation, School fees, Business, Family emergency, Medical, Wedding or even a vacation

Our Services

Personal Loans

Apply for a Personal Loan and get up to R150 000 paid to your bank account.

Vehicle Finance

Apply for Vehicle Finance even if you are blacklisted and buy your dream car.

Debt Consolidation

Apply for Debt Consolidation and we will settle all your accounts for you and you will only pay one installment.

Contact Us

Send a message to us

Our Contact Details

Have a question? It's easy to get in touch with us!

28-30 Siphosethu Road, Durban, 4300 087 654 1966 customerservice@compucredit.co.za

The following information refers to the loan referral service of Loan SA, which is a complimentary benefit to your service package that you have purchased.

ANNUAL PERCENTAGE RATES

(unsecured credit transactions) Initiation fees: R150 per agreement plus 10% of the amount of the agreement in excess of R1000 but never to exceed R1000 Interest rates :RR X 2.2 + 20% per year.Maximum APR = (RR x 1.7) + 15% per year

Minimum period offered by registered credit providers: 6 (Six) Months

Maximum Period offered by registered credit providers : 60 (Sixty) Months

Maximum Annual Percentage Rate (APR): 27% (Repo Rate + 21%)

IMPLICATIONS OF NON PAYMENT

It is important however that you repay the loan on the agreed date. On the repayment date the lender will try to collect the full amount from your bank account. If this is unsuccessful due to you not having sufficient funds in your account, the lender will make subsequent attempts to collect all or part of the money. If you are likely to experience any issues with repayment it is important to contact the lender as soon as possible.If no resolution has been found the next step is to pass your account to a debt collection agency where additional fees may be encountered.

RENEWAL POLICY

Lenders permits a second loan only after three successful payments.

ILLUSTRATIVE EXAMPLE ON A 36 MONTH LOAN

Loan amount: R50 000

Term: 36 month

Services Fee: R1000

APR (10.71%): R8681

Total Instalment: R1630

Total Amount Payable: R59 716