Loan repayment terms range from 12 to 60
months. The maximum interest rate with regards to a Clientèle Personal Loan is
28% per annum (compounded monthly). Your rate and initiation fee will be
determined according to your personal risk profile.
An illustrative example of
a loan at an interest rate of 28% per annum would be: Loan amount R40,000.00
plus a once-off initiation fee of R1,197 and a monthly admin fee of R68.40,
over 60 months. The total cost of the loan will be R81,066.14 which is an
Annual Percentage Rate (APR) of 32.30%.