Loanfinder

4 / 5Rating 0Took advantage 2Review
Overal rating
Terms and conditions
Customer service
Ease of application
Interest and instalments
Amount 500 - 300000 R
Interest from 5 %
Loan term 12 months - 7 years
Loanfinder

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Quick overview

Loan processing time
24 hours
Applicant's age
18 years


Assumed borrowing of R15,000 over 15 months at a fixed rate of 28% per annum and a fee of R68.40 per month and initiation fee of R1,197 would result in a representative rate of 68% APR (fixed). The total amount repayable is R22,717.

I found loan with loanfinder. Great.
Tim
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What Loanfinder has to offer

What does Loanfinder have to offer? If they aren’t a lender service, why should you make use of them? They are making it easier to find possible lenders that will lend you money. They can find loans for up to R300 000 and that you can repay in a total of 7 years. Yes, they can also find you a payday loan if this is what you really need.

Most of the lenders they are using have low-interest rates. You will only pay an added fee that is calculated with your premium that will cover the service of Loanfinder. Processing the loan applications will only take a couple of minutes before you know who can lend you money.

Loan requirements

Because Loanfinder isn’t a lender, they don’t have loan requirements that you need to know about. However, the lenders that they are working with have requirements that you need to meet. Criteria that are required by the NCR.

One thing that you need to know is that the lenders that Loanfinder is working with are only NCR credited lenders. So, the basic criteria for applying for a loan application. This is that you need to have full employment, a salary of more than R5 000, and a South African ID.

Loanfinder review conclusion

Many people are giving bad reviews to Loanfinder because they think that Loanfinder is a loan service where you can get a loan. Then, after the whole process, they find that they are just getting redirected to another lender. However, this can be a great service, if you don’t want to go from one lender to the next.

By reading reviews, one thing is clear. Those people like making use of Loanfinder, because of all the hassles it prevents from going from one lender to the next. People like the fact that they are offering fast service and giving you different options to choose from.

If you are looking for a loan, but don’t have the time to search for an approved loan, then Loanfinder can be your solution. It assists with the whole process of finding and applying for a loan. You just need to choose the one that is best for you and your personal needs. They are doing the rest.


What is your experience with this loan provider?

I found loan with loanfinder. Great.
Tim
Reviewed 10. 05. 2020
Their website is broken. Links on the website does not work. Only login works. Crazy.
Ash
Reviewed 10. 05. 2020
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