How do I qualify for a Capitec loan?
Documents needed
- Original ID document (must be 18 years or older)
- Latest salary slip.
- A bank statement showing your latest 3 consecutive salary deposits (only if the salary is not paid into your Capitec account)
How do I borrow a small amount of money from Capitec?
You simply need to:
- Be 18 years or older with a stable income. You must be permanently employed or earn a pension. Minimum salary for credit card application: R5 000 (R10 000 for self-employed clients)
- Apply. WhatsApp: 067 418 9565. Call: 0860 66 77 89. …
- Supply these documents. Original SA ID. Latest salary slip.
How can I check if I qualify for a loan?
Your credit score: Evaluating your ‘creditworthiness’ to see how much debt you have and how you’ve handled debt and repayments in the past. Your income: How much you earn will determine how much credit you can take on. Do you make enough money to repay your loan and still have enough left for other expenses?
How much is a monthly payment on a 50000 loan?
The monthly payment on a $50,000 loan ranges from $683 to $5,023, depending on the APR and how long the loan lasts. For example, if you take out a $50,000 loan for one year with an APR of 36%, your monthly payment will be $5,023.
capitec loan
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