Quickfin is an online personal loan and short-term loan provider that operates exclusively in South Africa. It offers consumer loans to individuals with a valid South African identity document, a monthly income, and a bank account. Quickfin loan applications are processed and approved online, and funds are disbursed into the borrower’s bank account within 24 hours.
**Eligibility Criteria for Quickfin Loans:**
* Be a South African citizen or permanent resident
* Be at least 18 years old
* Have a valid South African identity document
* Have a monthly income
* Have a bank account
**How to Apply for a Quickfin Loan:**
1. Visit the Quickfin website.
2. Select the type of loan you are applying for (personal loan or short-term loan).
3. Enter the required information on the application form.
4. Submit the application form.
5. Quickfin will review your application and provide you with a loan decision within 24 hours.
6. If your loan is approved, the funds will be disbursed into your bank account within 24 hours.
**Repayment Terms:**
* Personal loans: Repayment terms range from 12 to 72 months.
* Short-term loans: Repayment terms range from 1 to 6 months.
**Interest Rates:**
* Personal loans: Interest rates range from 12% to 24% per annum.
* Short-term loans: Interest rates range from 20% to 36% per annum.
**Fees:**
* Application fee: R100
* Initiation fee: R100
* Monthly service fee: R50
**Contact Details:**
* Website: https://quickfin.co.za/
* Email: [email protected]
* Phone: 0861 784 253
