PEP and Ackermans stores offering Capfin personal loans

Everything you need to know about PEP and Ackermans stores offering Capfin personal loans. So many South Africans are in need, sometimes is due to lack of income, sometimes when with an income, there’s just not enough money to make ends meet. If you are in need of funds to run errands, have money for petrol, food, school fees or whatever you need it for, Capfin offers loans of up to R50 000 with payment terms of up to 24 months.

ALSO READ: How Do I know If My Capfin Loan Is Approved

Capfin loans are transparent, thus what you see is what you get. You will be able to access your loan account and manage it with Capfin.

With Capfin Loans Individuals who take any amount between R1000 and R8 000, you have an option to make repayments for up to 6 months and up to 24 months if the loan about is above R8 000 to R50 000.  Capfin was awarded as one of the most trusted brands by the Sunday Times Top Brands Awards 2017 in the microlenders category.

You can make a loan in over 3000 PEP and Ackerman store nationwide. You can contact their dedicated team of over 900 hard working consultants.

Capfin Death Benefit

The Death Benefit by Capfin is a benefit, that’s extended to all CAPFIN customers. In the unfortunate event of death, the outstanding balance of your loan account(s) will be written off.

  • IT’S A FREE BENEFITS at no extra cost to you
  • New and existing customers qualify for the benefit

How to Claim the Capfin Death Benefit

In order for the claim to be processed you will need the following documentation:

  • A copy of the deceased Capfin Account Holder’s ID is required.
  • Certified copy of the deceased
  • If applicable, Capfin requires a certified copy of the Masters’ letters of executorship

Once you have your documentation, you can email them to [email protected]. You can then take a sit back while Capfin independently verifies your documentation.

How to Apply for a Capfin Loan

In order to apply and qualify for a Capfin loan – You need to bring the following:

  • A South African Valid ID
  • Latest 3 months bank statement or your latest 3 payslips
  • To qualify you must be permanently employed with a monthly income,
  • A valid cellphone number and a SA Bank account
  • You must be 18 years or older

You can also apply online; applying online requires you to upload some documents, you will have to scan your documents at any PEP or Ackermans store OR email them to [email protected] with your ID number in the subject line.

You may fax your documents to 086 688 0000 with your SA ID number noted in writing as a reference,  Capfin can get your documents on your behalf if your bank with Absa Bank, Standard Bank or Nedbank for free.

ALSO READ: Capfin Login: How to Access Capfin Loan Account

How to settle your account with Capfin

If you want to settle your accounts with Capfin, it is as simple as you can ever sing your ABCs, you can contact their center on 087 354 0000, and alternatively, you can use the USSD code: *134*6454# to obtain your settle quote.

You may use the following protocols to make payments

  • You will be given details to make Direct Deposits, please ensure the account details are that of Capfin SA (Pty) Ltd.
  • EFT
  • Or use the Pay@ in any PEP Store

If you suspect any fraudulent activities please report them immediately on [email protected] or call 087 354 0033 or 087 354 0000, alternatively, call your nearest South African Police Service instantly. For more information on this product, visit the Capfin Page.

Image Courtesy: Capfin