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Fincheck

Fincheck offers personal loans from R300 - R2,500 with 33.5% APR. NCR-registered lender with flexible repayment terms.

33.5%
APR Example
R 2 500
Max Loan
2m
Max Term
3.7/5
Trust Score
NCR Registered
NCRCP5784
Verify Registration →

About Fincheck

Fincheck is an NCR-registered credit provider offering personal loans to South African consumers. With loan amounts ranging from R 300 to R 2 500 and flexible repayment terms, Fincheck provides accessible credit solutions.

📊 Key Facts about Fincheck

Type of entity Credit Provider
Minimum amount R 300
Maximum amount R 2 500
Available terms 0 - 2 months
Typical APR 33.5%
Approval time Same day
Payout Same day
Regulated by NCR (Registration NCRCP5784)
Credizen Rating 3.7/5.0
💡 Expert Analysis
Rostislav Sikora
Loan Specialist | 25 years of experience

Fincheck is a viable option for those seeking quick loans, though with some considerations. The more limited amounts (up to R 2 500) make Fincheck ideal for urgent minor expenses. Make sure to compare conditions well and read all terms before applying.

When to use Fincheck?

  • ✓ Emergencies you can resolve quickly
  • ✓ Unexpected expenses that cannot wait
  • ✓ When you need money within 24-48 hours

"As an expert with 25 years in the financial sector, I evaluate each lender based on transparency, real costs, and user experience. This recommendation is continuously updated based on market changes."

🔒 Security and regulation

Regulated by NCR

Fincheck is registered with the National Credit Regulator (NCR) under registration NCRCP5784.

🔐

Data protection

Complies with the Protection of Personal Information Act (POPIA). Your information is encrypted and not shared without authorization.

📋

Cost transparency

All costs must be included in the APR (Annual Percentage Rate). Demand to see the total cost before signing any agreement.

⚖️

Consumer rights

Protected by the National Credit Act (NCA) and Consumer Protection Act. You have the right to early settlement without penalties in most cases.

Important: Always verify that the lender is registered with the NCR before applying. Visit ncr.org.za to check registration.

Loan Details

Loan Amounts

From: R 300
Up to: R 2 500

Repayment Terms

From: 0 months
Up to: 2 months

Interest Rate

APR Example: 33.5%

Representative example. Actual rate depends on your credit profile.

Key Features

100% Online Application
Fast Approval Process
Quick Payout

Loan Cost Example

Representative Example: This shows estimated costs for a typical loan. Your actual costs may vary based on your credit profile.

Loan Details

Loan Amount R 10 000
Loan Term 12 months
APR 33.5%
Monthly Payment R 1 113

Cost Breakdown

Principal Amount R 10 000
Total Interest R 3 350
Initiation Fee (est.) R 1 140
Total Amount to Repay R 14 490
Important: This is a simplified example for illustration purposes. Actual loan costs depend on your credit assessment, the exact loan term you choose, and applicable fees. Always review your loan agreement carefully before signing. NCR regulations cap initiation fees at 15% (max R1,140) and monthly service fees at R60.

Ready to Apply at Fincheck?

Get loans from R 300 to R 2 500 with 33.5% APR. Fast approval - often same day!

Apply Now at Fincheck

Eligibility Requirements

  • 18-65 years old
  • South African citizen
  • Minimum income R1500
  • Valid bank account and ID
  • South African bank account
  • Valid ID document

Advantages & Disadvantages

Pros

  • No credit bureau checks
  • Approval within 2 minutes
  • Available on weekends
  • Automatic extension available
  • Emergency cash solution
  • NCR registered (NCRCP5784)

Cons

  • Very high interest rates (300%+ APR)
  • Small loan amounts maximum R2,500
  • Short repayment periods

Frequently Asked Questions

How much can I borrow from Fincheck?

You can borrow between R 300 and R 2 500, depending on your credit profile and affordability assessment.

What is the interest rate at Fincheck?

Fincheck offers loans with an APR example of 33.5%. The actual rate you receive will depend on your individual credit assessment and affordability.

How long are the repayment terms?

Repayment terms range from 0 to 2 months, giving you flexibility to choose a term that suits your budget.

Is Fincheck registered with the NCR?

Yes, Fincheck is a registered credit provider with the National Credit Regulator (NCR) (Registration: NCRCP5784), ensuring compliance with the National Credit Act.

Can I apply for Fincheck loans from any city in South Africa?

Yes, Fincheck accepts applications from residents across South Africa, including major cities like Johannesburg, Cape Town, Durban, Pretoria, and many others. The application process is fully online, making it accessible regardless of your location.

How do I know if I can afford a loan from Fincheck?

Fincheck conducts an affordability assessment as required by the National Credit Act. Your monthly repayment should not exceed 30-35% of your net monthly income. Use the loan cost calculator on this page to estimate your monthly payment.

What are the alternatives to Fincheck?

If Fincheck doesn't meet your needs, consider other NCR-registered lenders offering similar loan amounts and terms. Compare multiple options to find the best rates and terms for your situation.

How long does it take to get approved by Fincheck?

Fincheck typically provides fast approval decisions, often within hours of application. Once approved, funds can be disbursed quickly, sometimes on the same day.

Can I settle my Fincheck loan early?

Under the National Credit Act, you have the right to settle your loan early. Contact Fincheck directly to get an early settlement quote. Early settlement may reduce the total interest paid, but check if any early settlement fees apply.

What fees does Fincheck charge?

Fincheck charges fees in accordance with NCR regulations. Common fees include an initiation fee (capped at 15% of the loan amount, maximum R1,140) and monthly service fees (maximum R60). Always review your loan agreement for the complete fee structure before signing.

Compare Similar Lenders

Available in Major South African Cities

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Loan Range: R 300 - R 2 500
APR Example: 33.5%
Max Term: 2 months
Apply at Fincheck

NCR Registered • Secure Application

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Disclaimer: Credizen is a comparison platform and not a lender. We receive compensation from Fincheck when you apply through our site. Loan approval and terms are subject to Fincheck'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 Fincheck before accepting a loan offer.

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If you're experiencing financial difficulties, contact your local financial counseling service.

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