Step one: Choose Your Loan
This step-by-step guide will tell you everything you need to know about how Finance 27 works.
The first step is to use our simple loan calculator. Just move the sliders on our homepage to decide how much cash you want to borrow and when you want to repay it. You will be able to see the total cost of your loan in real-time, including interest, fees, and your loan repayments.
To see if you qualify for a loan, just enter your South African ID number, agree to our policy terms and conditions, and get an instant answer.
Step two: Tell Us About Yourself
Once you have instantly found out if you qualify for our loan by entering your South African ID number, the rest of the process is simple. Just complete our quick and easy online application form.
We also require your bank details - you can use recent bank statements to find your information. This is so we can pay the money directly into your bank account and load the debit order for your repayment instalments. The process is more secure if you link your bank accounts with TruID. This will also mean that your application will be processed and paid faster.
Step three: Receive Your Funds
We always verify your income before approving a loan. We conduct financial checks to ensure that all details are accurate and correct. Once approved, all loan payments are made directly into the bank account that your salary is paid into.
It is your responsibility to make sure that the account is active and that you’re able to make withdrawals. We will not grant loan payments to a third-party account. All payments will be made to an account in your name.
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Any non-repayments will incur a service fee and interest charge every month. If you fail to pay for two months, your account will be transferred to an external debt collection company. This can affect your credit rating and decrease your chances of getting credit from external providers in the future.
Finance 27 is fully accredited with the National Credit Regulator. We make sure that our services are 100% compliant and active. This gives our clients complete assurance and confidence in our reliability as a short-term loan provider.
All information gathered on our website is treated with the strictest of confidence. We do not sell, trade, or otherwise transfer your personally identifiable information to third parties. The only time we may release your information is to appropriately comply with the law or to protect our rights or the rights and safety of others. No information will be made visible to external parties for marketing, advertising, or other uses.
To learn more about interest and fees applicable on loans of different sizes, visit our homepage here. Simply enter your South African ID number, agree to our policy terms and conditions, and get an instant answer.
Once your loan application has been approved, funds are paid directly into your bank account. You can apply for a loan online 24 hours a day, 7 days a week. Borrow between R1000 to R7200 and achieve peace of mind that your monthly financial obligations will be met. Payments are made the same day the loan gets approved.
Our innovative online platform can swiftly assess your application, perform required credit checks, and transfer cash to your bank account on the same day that you apply. There is no hassle, no waiting, and no hidden fees. You can tailor personal loans to your financial circumstances, and all interest and fees are clear from the outset.
Frequently Asked Questions
Yes. As well as checking your bank account details we do check your credit score to see if you qualify for an instant loan. We will also look at your ability to make payments on time in general.
To qualify for one of our Finance 27 personal loans and benefit from our competitive interest rates, we will need some information from you. This includes your bank account details, postal address, email address, employment details, and proof of income. This is just to make sure you will be able to make the monthly payments from our online loans in South Africa.
Here at Finance 27, we provide instant loans in South Africa. Take a look now to see how much you can borrow.