FAQ’S
No, you need to settle or pay off one loan first then apply for another
The loan is split into two different payments, part in your wallet and part in your bank account. Between 25%
– 75% of the loan will be paid into your bank account and 25%-75% into your A2pay wallet. This is dependent on your
credit rating and business performance.
It will take anything between 7 to 14 working days for the credit controller to get in touch with you for a loan outcome
The missed payment will automatically be collected once you top-up your wallet again.
You can reach out to your loan agent to discuss how you can possibly restructure your loan. This will be at the
credit controller’s discretion based on amounts paid
We offer 6, 9, 12, 18 and 36 months loan options. You can also choose to settle or top-up your loan repayments to pay off your
loan sooner. This is up to you.
Statements will be sent to you monthly via email reflecting amount paid, interest & fees charged as well as your balance
due.
You can contact Khula Nathi who will be able to assist you.
Interest is charged at 2.94% p.m. This is compliant with the NCR requirements.
This is the fee we charge to complete all the admin and paperwork and registering your loan on the NCR database.
There is a reduced fee for second and third loans. You will be charged a revised initiation fee if you restructure your
loan.
You are charged R60 service fee on the first day of each month for the duration of your loan