Finchoice Loans South Africa 2025

Get quick approval personal loans, debt consolidation, and emergency cash from Finchoice. Competitive rates from 20% with flexible terms up to 72 months.

Quick Facts

Loan Amount: R500 - R250,000
Interest Rate: 20% - 32% p.a.
Loan Term: 1 - 72 months

Loan Calculator

R500 R250,000
1 month 72 months
18% 35%

Loan Summary

Monthly Payment: R778.17
Total Amount: R18,676.08
Total Interest: R3,676.08

Note: This is an estimate. Actual rates and terms may vary based on your credit profile and affordability assessment.

Finchoice Loan Products

Personal Loan

Loan Amount

R1,000 - R200,000

Interest Rate

20% - 28%

Loan Term

6 - 60 months

Best For

Personal expenses, home improvements, education, medical bills

Key Features

  • Unsecured personal loans
  • Quick approval process
  • Flexible repayment terms
  • Online application
  • Same-day approval available

Eligibility Requirements

  • South African citizen or permanent resident
  • 21-65 years old
  • Regular monthly income of R3,000+
  • Valid bank account
  • Clear credit record

Ready to Apply?

Get quick approval for your personal loan with competitive rates and flexible terms.

Application Process

1

Online Application

Complete the secure online application form with personal and financial details

Duration: 5-10 minutes
Requirements: Valid ID, Contact details, Employment information
2

Document Upload

Submit required documents through the secure upload portal

Duration: 3-5 minutes
Requirements: ID copy, Proof of income, Bank statements
3

Credit Assessment

Finchoice reviews your application and conducts credit and affordability checks

Duration: 30 minutes - 4 hours
Requirements: Credit bureau check, Income verification, Risk assessment
4

Loan Approval

Receive loan decision via SMS and email notification

Duration: Same day
Requirements: Approved application, Accept loan terms
5

Funds Transfer

Loan amount transferred directly to your bank account

Duration: Within 24 hours
Requirements: Signed loan agreement, Valid bank details

Why Choose Finchoice?

Same-Day Approval

Get approved on the same day with our fast-track application process and instant decision technology.

Competitive Rates

Enjoy competitive interest rates starting from 20% with flexible repayment terms up to 72 months.

Secure Process

Your personal and financial information is protected with advanced security measures and encryption.

Frequently Asked Questions

What is the maximum loan amount from Finchoice?

Finchoice offers loans up to R250,000 for debt consolidation, R200,000 for personal loans, R15,000 for emergency cash, and R8,000 for salary advances. The actual amount depends on your affordability assessment.

How quickly can I get approved?

Finchoice offers same-day approval for most applications. Emergency cash loans can be approved within hours, while larger loans may take up to 24 hours for complete processing.

What documents do I need?

You'll need a valid South African ID, proof of income (latest payslips), 3 months bank statements, and proof of residence. Additional documents may be required based on the loan type.

Can I apply with bad credit?

Finchoice considers applications from people with impaired credit records. Each application is assessed individually, focusing on current affordability and employment stability.

Are there any fees?

Finchoice is transparent about all fees. Interest rates and any applicable fees are clearly disclosed upfront. There are no hidden charges.

Important Information

Responsible Lending

  • • Only borrow what you can afford to repay
  • • Consider all costs including interest and fees
  • • Understand the consequences of missed payments
  • • Seek financial advice if you're struggling

Contact Information

  • • Website: finchoice.co.za
  • • Phone: 0860 346 2464
  • • Email: info@finchoice.co.za
  • • NCR Registration: NCRCP5621

Disclaimer: This information is for educational purposes only. Interest rates and terms may vary based on individual circumstances. Always read the full terms and conditions before applying.