How do I apply for Capfin loan via cell phone number in South Africa? Capfin Loan South Africa has explained that should you need to submit your Capfin loan application via cell phone number, you may call their Capfin contact centre on 087 354 0000 or use their USSD facility *134*6454# to obtain your settlement quote. In this article, we provide a step-by-step guide showing you how to submit your Capfin loan application via cell phone.
ALSO READ: How Do I know If My Capfin Loan Is Approved
Capfin Loan Application Via Cell Phone Number
South Africans can apply for a Capfin loan online from the safety of their home or SMS your South African ID number to 33005. Standard SMS rates apply. Dial *134*6454# free from your cell phone to manage your account. Alternatively, you can submit your Capfin loan application via cell phone number by calling Capfin contact centre on 087 354 0000 or use their USSD facility *134*6454# to obtain your settlement quote.
Here’s how to apply:
- Capfin loan application via cell phone number by calling Capfin contact centre on 087 354 0000
- SMS your South African ID number to 33005
- Dial *134*6454# free from your cell phone to apply for Capfin Loan
Requirements To Apply For Capfin Loan
- A valid South African ID.
- 3 latest payslips or 3 latest bank statements.
- Must be permanently employed and earning a monthly salary.
- A valid cellphone number.
- A valid SA bank account with one of the following banks supported by Capfin: Standard Bank, ABSA, FNB, Nedbank, Capitec and African Bank.
- Must be 18 years or older.
How long do you wait for Capfin loan to be approved?
Your loan will be paid out within 48 business hours after approval to your nominated bank account.
Capfin offers loans of up to R50 000, based on the outcome of your affordability assessment which considers factors such as your income and expenses, your credit profile and payment behaviour.
FAQs
Here are some frequently asked questions (FAQs) regarding Capfin loan applications via cell phone number in South Africa:
What are the requirements to apply for a Capfin loan via cell phone number?
To apply for a Capfin loan via cell phone number, you must have a valid South African cell phone number that is registered in your name, and you must be at least 18 years old. You will also need to provide your ID number, income, and employment details.
How much can I borrow with a Capfin loan?
Capfin offers loans ranging from R1000 to R50,000, with repayment periods ranging from 6 to 24 months. The amount that you can borrow will depend on your creditworthiness and affordability.
How long does it take to get a decision on my Capfin loan application?
Capfin processes loan applications quickly and provides a decision within minutes. However, your loan will be paid out within 48 business hours after approval to your nominated bank account.
What happens if my Capfin loan application is declined?
If your Capfin loan application is declined, you can contact Capfin to find out why your application was unsuccessful. You can also work on improving your credit score and financial profile to increase your chances of being approved for a loan in the future.
How do I repay my Capfin loan?
You can repay your Capfin loan via debit order or at any Checkers, Shoprite, or Usave store in South Africa. You can also make additional payments or settle your loan early without incurring any penalties.
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