Crediq Finance

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FAQ

Frequently Asked Questions

Get clear answers to the most common questions about our loan services, application process, and approval requirements.

  • How much can I borrow?
    Loan amounts typically range from R10,000 to R1,000,000 depending on your income, credit profile, and loan type.
  • Can I apply if I have bad credit or am blacklisted?
    Yes, we consider applications from clients with poor credit histories. However, approval may depend on affordability and risk factors.
  • What documents do I need to apply?
    You’ll need a valid South African ID, proof of income (e.g. payslip), bank statements, and proof of address.
  • How long does it take to get approved?
    Many loans are approved within 24–48 hours. Emergency loans may be processed faster.
  • Will applying affect my credit score?
    A soft check won’t affect your score, but submitting a full application may trigger a credit inquiry.
  • What types of loans do you offer?
    We offer all kind of loans ranging from personal loans, business loans, emergency loans, debt consolidation, vehicle finance, etc.
  • How are interest rates determined?
    Rates depend on your credit score, income, loan amount, and repayment term. We aim to offer competitive rates.
  • Can I repay early without penalties?
    Yes, early repayment is allowed and may reduce your total interest. Check your agreement for specific terms.
  • Is my personal information secure?
    Absolutely. We use bank-level encryption and never share your data without consent.
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CONTACT US

Our customer services
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Whether you’re applying for a loan, need help with your documents, or have questions about repayments, we’re here to help with fast, friendly support.

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