Bayport Financial Services
Bayport Financial Services offers personal loans from R500 - R150,000 with 42% APR. NCR-registered lender with flexible repayment terms.
About Bayport Financial Services
Bayport Financial Services is an NCR-registered credit provider offering personal loans to South African consumers. With loan amounts ranging from R 500 to R 150 000 and flexible repayment terms, Bayport Financial Services provides accessible credit solutions.
Loan Details
Loan Amounts
Repayment Terms
Interest Rate
Representative example. Actual rate depends on your credit profile.
Key Features
Eligibility Requirements
- ✓ Age 18-65 years
- ✓ South African citizen
- ✓ Permanent employment (3+ months)
- ✓ Minimum monthly income R2,500
- ✓ Employer registered with Bayport
- ✓ South African bank account
- ✓ Valid ID document
Advantages & Disadvantages
✓ Pros
- • Payroll deduction loans (salary deducted)
- • Up to R150,000 loan amount
- • Flexible repayment terms up to 60 months
- • Government employees and pensioners welcome
- • 25+ years experience in payroll lending
✗ Cons
- • Higher APR range 24%-60%
- • Employer must be registered with Bayport
- • Deductions from salary mandatory
Frequently Asked Questions
How much can I borrow from Bayport Financial Services?
You can borrow between R 500 and R 150 000, depending on your credit profile and affordability assessment.
What is the interest rate?
Bayport Financial Services offers loans with an APR example of 42%. The actual rate you receive will depend on your individual credit assessment and affordability.
How long are the repayment terms?
Repayment terms range from 3 to 60 months, giving you flexibility to choose a term that suits your budget.
Is Bayport Financial Services registered with the NCR?
Yes, Bayport Financial Services is a registered credit provider with the National Credit Regulator (NCR), ensuring compliance with the National Credit Act.
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View All LendersDisclaimer: Credizen is a comparison platform and not a lender. We receive compensation from Bayport Financial Services when you apply through our site. Loan approval and terms are subject to Bayport Financial Services's credit assessment and affordability checks.
Responsible Lending: Before applying, ensure you can afford the monthly repayments. Defaulting on credit agreements can negatively affect your credit score. This information is provided for comparison purposes only. Always read the terms and conditions from Bayport Financial Services before accepting a loan offer.