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UP TO 20% ESTABLISHMENT FEE CHARGED UPFRONT
+ MONTHLY FEE UP TO 4%
Loan Amount of R1,000 over 6 months repayable weekly (25 weekly repayments). R1,000 (Principal Amount) + R200 (20% Establishment Fee) + R240 (fees based on 4% per month over 25 weeks) = R1,440 total repayable in 25 weekly installments of R57.60.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
ANNUAL PERCENTAGE RATE (APR) IS
48%
COMPARISON RATE IS 67.41% P.A.
Loan Amount of R3,000 over 18 months repayable weekly (78 weekly repayments). R3,000 (Principle Amount) + R400 (Establishment Fee) + R1,379.06 (reducing interest) = R4,779.06 total repayable over 18 months with weekly installments of R61.27.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
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