CREDIT WHEELS (PTY) LTD
Say goodbye to financial stress and hello to solutions that work for you.
Some expenses can’t wait, but you’re covered with a Credit Wheels (Pty) Ltd personal loan.
Enjoy quick access to the money you need, exactly when you need it, without the hassle.
Let us help you take care of life’s unexpected moments confidently and easily.
- Trusted
- Experienced
- Professional
Loan submission and interest rate detail
With a CREDIT WHEELS (PTY) LTD personal loan, you can borrow anywhere from R30,000 to R1,000,000, tailored to meet your needs. Enjoy a fixed interest rate starting at 0.5%, along with flexible installment options ranging from 6 to 60 months. No collateral is required, making the process simple and stress-free. Whether you’re looking to purchase appliances, furniture, or other household necessities, cover medical expenses, fund education or tuition fees, renovate your home, invest in your business, plan a vacation, or handle other personal needs, we’re here to provide financial solutions that fit your life.
01.
Understanding the Cost of a Personal Loan
When considering a personal loan, it’s important to understand the costs involved. Payment terms range from 6 to 60 months, with interest calculated monthly. A once-off initiation fee and monthly admin fees also apply. The monthly interest rate is only 0.5%.
02.
How to Apply for a Personal Loan
Applying for a personal loan is quick and convenient. You can choose to apply:
- Online
- Over the phone or computer can complete the application
What You’ll Need to Apply:
To qualify, you must be at least 18 years old, a South African citizen, and provide the following:
- A valid ID document
- Proof of individual income
Get started today and take the first step toward achieving your financial goals!
03.
Financial Advisory
A financial advisory loan in South Africa is designed to provide individuals and businesses with the funds they need to make informed and impactful financial decisions. Whether you’re planning to consolidate debt, invest in your business, fund a significant purchase, or cover unforeseen expenses, this type of loan offers a flexible and accessible solution tailored to your unique needs. With expert financial guidance, you’ll have access to advice on loan structuring, repayment planning, and interest management to ensure your financial goals are met responsibly. Offering competitive interest rates, flexible repayment terms, and a seamless application process, a financial advisory loan empowers you to take control of your finances with confidence, setting a strong foundation for future growth and stability.
Why Choose CREDIT WHEELS (PTY) LTD?
Get the financial support you need with affordable, transparent borrowing. Our loans are designed to be simple, flexible, and easy to understand, helping you confidently achieve your goals.
Flexible Loan Options to Suit Your Needs
You have the freedom to choose CREDIT WHEELS (PTY) LTD. Borrow up to R1,000,000 with repayment terms ranging from 6 to 60 months, giving you the flexibility to find a loan that fits your budget and goals.
Affordable Loans Designed for You
At CREDIT WHEELS (PTY) LTD, we prioritize responsible lending. Every loan application undergoes an affordability assessment to ensure you receive a loan with terms that fit your budget, so you can borrow with confidence.
Transparent Lending, Every Step of the Way
At CREDIT WHEELS (PTY) LTD, we believe in clarity. We break down how your loan works and show you how your loan term impacts the total cost—so you can make informed financial decisions with confidence.
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There’s a Loan for Every Need
Life comes with big dreams and unexpected expenses; we’re here to help you easily navigate them. Whether you’re looking to finance your dream home, consolidate multiple credit accounts into one manageable repayment, or cover an unforeseen expense CREDIT WHEELS (PTY) LTD has a loan solution tailored just for you. Our loans are designed to provide financial flexibility, offering competitive interest rates, convenient repayment terms, and a hassle-free application process. No matter your goal—whether it’s upgrading your lifestyle, securing your financial future, or simply gaining peace of mind, there’s a CREDIT WHEELS (PTY) LTD loan that can make it happen. Apply today and take the next step toward financial freedom.
Frequently Asked Questions
Explore everything you need to know about personal loans and how they can work for you!
- Loan Amount: You can borrow between R2,000 and R250,000 with a personal loan.
- Repayment Period: Loans are repaid over a flexible 3 to 72 months.
- Fixed Interest Rates: Interest rates are fixed, ensuring your monthly installment remains the same throughout the repayment period, regardless of changes in the repurchase rate set by the Reserve Bank.
A personal loan offers a predictable and manageable way to access funds for your needs!
- If your loan application is successful, we will pay out the loan within 24 hours after it has been approved.
- Terms and conditions apply.
- Requesting multiple loan quotes within a short period may impact your credit score. It’s always a good idea to plan carefully and apply selectively to protect your credit health.
Your loan installment includes the following costs:
- Interest: Your interest rate is determined by your affordability and personal credit profile. The maximum interest rate is the repo rate plus 21%.
- Monthly Service Fee: A standard fee of R60 (excluding VAT) is applied to all loan accounts.
- Credit Life Premium: For loan terms of 12 months or longer, a monthly credit life premium is charged. This is based on the Rand value of your loan at the time of application.
- Initiation Fee: A once-off initiation fee is charged for new loans. This is R165 plus 10% of the loan amount above R1,000 (capped at R1,050, excluding VAT).
Understanding these costs helps you plan your repayments effectively!
- Minimum Income: You must earn at least R2,500 per month.
- Age: You need to be between 18 and 60 years old.
- Citizenship: You must be a South African citizen.
- Employment: You must have been permanently employed with the same employer for at least 3 months.
Make sure you meet these requirements before applying for a personal loan!
