A valid SA ID, and either 3 latest payslips or 3 latest bank statements.
You may apply for a Capfin loan online, via SMS or visit any PEP or Ackermans store nationwide.
Simply select the Apply Now button and follow the easy instructions.
Yes. You will need to create a profile which can only be accessed using your SA ID number and a unique One-Time-Pin (OTP) which will be sent directly to the cellphone number you registered with.
All you need to do is log into your profile using your SA ID number, we’ll then forward you a unique One-Time-Pin (OTP) which will be sent directly to the cellphone number you registered with, then, simply follow the instructions.
You may reapply for a Capfin loan after 30 calendar days.
A loan offer will be prepared for you which will give you an indication of the loan amount you may qualify for subject to the completion of our affordability assessment. The loan amount may change subject to additional credit checks performed once your application has been completed and submitted to us.
We offer 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.
Your loan will be paid out within 48 business hours after approval to your nominated bank account.
For your security, PIN numbers are completely private. Please click on the ‘Resend OTP link’ to receive your unique One-Time-Pin (OTP) within 15 minutes, which will be sent directly to the cellphone number you registered with.
In order to update your details, please contact one of our consultants to assist you on 087 354 0000.
A One-Time-Pin (OTP) can only be sent to the cellphone number you provided when you registered. Request a new One-Time-Pin (OTP) and follow our simple instructions.
Non-payment will have a negative impact on your credit record.
Yes, please contact Capfin's Collections Department on 087 285 1234 to make an alternative payment arrangement.
Yes, your loan term may reduce should you make additional payments, depending on the amounts paid and the term of the loan.
You may call our Capfin contact centre on 087 354 0000 or use our USSD facility *134*6454# to obtain your settlement quote. You may then make payment via the following options before your given expiry date:
The settlement quote provided to you by Capfin is valid for seven business days from date of request, and the settlement balance must be paid in full before such time.
Your settlement quote includes the unpaid balance of your loan, as well as all unpaid interest and fees which accrue up to the settlement date which may have not yet been added to your account.
The Capfin Free Death Benefit is an internal benefit extended to Capfin’s customers in the form of an outstanding balance write-off in the event of our customer’s death. This benefit is not transferable.
The FREE Death Benefit simply means in the event of your death, Capfin will write off your remaining outstanding loan balance.
No, you do not need to pay as this is a FREE benefit to all Capfin customers.
Yes, you are eligible regardless if you are a new or an existing Capfin customer.
Capfin will write off the current outstanding balance of the account.
On request you can receive your loan documents in Afrikaans, Sesotho, isiZulu and isiXhosa. Terms and conditions in these languages are also available on our website.
By calling our contact centre on 0873540000 or emailing your request to our legal department at email@example.com:
For the period between 15 September 2017 and 6 June 2018, Capfin customers who applied for a loan, qualified for FREE Funeral Cover valued at R5000 for natural death and R10 000 for accidental death. The Funeral Cover, covers you as the Capfin account holder, provided your loan account remains active, in good standing and subject to the Funeral Cover terms and conditions.
Capfin’s FREE Funeral Cover underwritten by Abacus Life Limited, was a promotional product and this promotion has now ended with effect from 6 June 2018.
Your Funeral Cover benefit will remain in place until such time as your loan account is settled, if you apply for a top-up loan or when a funeral cover claim is submitted to Abacus Life Limited.
For loans granted during the promotional period between 15 September 2017 and 6 June 2018, your nominated beneficiary must follow the following process:
Claims must be submitted to Abacus Life by phoning their Call Centre on 0800 777 444 within 6 months of the death of the Capfin account holder.
Claims must be accompanied by the following documents:
The nominated beneficiary will receive the Funeral Cover payout only upon the death of the Capfin account holder, subject to the approval of the claim.
The Capfin customer will nominate a person (family member / friend) to be the beneficiary linked to their Funeral Cover. This person receives the Funeral Cover pay out in the event of the death of the Capfin customer once all the required documentation is submitted to Abacus Life Limited timeously and provided that the Capfin loan account was active and in good standing at the time of the customer’s death.
A customers’ nominated beneficiary has 6 months from the date of the death of the Capfin account holder to submit a claim. After 6 months the Funeral Cover will no longer be available.
No, you are welcome to change the beneficiary details subject to the Funeral Cover terms and conditions.
No, you as the Capfin customer will be responsible for changing your beneficiary details. You will be required to contact Abacus Life Limited on 0800 777 444 to make the necessary arrangements.
No, suicide is not covered.
Contact Abacus Life Limited on 0800 777 444 or via fax on 011 211 1090
No, you can, however, contact Abacus Life Limited on 0800 777 444 and take up a separate funeral cover benefit not linked to your Capfin loan account.