Who Qualifies

Credit criteria vary according to the different lenders, but the following are the minimum conditions for every applicant:

• South African citizens
• Older than 21 years
• Earning no more than R15 000 per month
• Able to prove 2 years continuous employment
• Can demonstrate ability to service the loan

A lender may take additional circumstances into account when evaluating a borrower's application, such as the credit record and other financial obligations.  Each lender will inform the borrower of additional requirements or documents to be submitted.