Capfin requires some documents in the online application. Check out below: A valid South African ID; The last three bank statements or payslips; Additionally, you need to meet the following requirements: Be employed and earn a regular salary; Have a valid cellphone number; Have a bank account at Standard Bank, FNB, Absa, Capitec, Nedbank, or African Bank; Be at least 18 years old. Although fair credit scores can be considered, it is always important to present healthy creditworthiness to access better conditions and lower rates.

You can apply for a Capfin Personal Loan using the official website. Or you can apply via SMS (33005) or by visiting any Ackermans or PEP nationwide.

In case your application is declined, you will need to wait 30 calendar days before trying again to apply for a Capfin Personal Loan.

After approval, you will receive your funds within 48 hours in the nominated bank account. However, a delay may happen in case your bank delays the approval of the DebiCheck mandate request.

Monthly installments will be deducted from the nominated bank account. However, you can rely on alternatives, such as bank deposit, in-store payment, or Capfin Pay@ Payment Portal.