Capfin Loans
Capfin offers personal loansthrough all PEP stores in South Africa. A PEPkor company, Capfin is a registered credit provider and financial service business. Capfin does not hold a banking license, nor does it offer a transactional platform but rather uses technology to provide fast access to low-cost loans.
How to apply for Capfin loans
Customers apply by having their ID book scanned and providing a cellphone number at any PEP store in South Africa. The customer will receive an SMS within 30 minutes acknowledging their application and Capfin will then call the customer to process a quick telephonic application. If the loan is approved, the cash will then be paid into the applicant’s bank account within two days.
The Capfin loans have been designed to suit PEP customers who need hassle-free loans that are backed by an efficient, simple and trustworthy service. Loan applicants need only a South African ID, a cell-phone and a monthly salary paid into their bank account in order to qualify.