RCS

5 / 5Rating 0Took advantage 1Review
Overal rating
Terms and conditions
Customer service
Ease of application
Interest and instalments
Amount 2000 - 250000 R
Interest from 15 %
Loan term 12 months - 5 years
RCS

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Quick overview

Loan processing time
24
Applicant's age
18 years


Loan amount of R7,500 borrowed for 24 months. Annual Interest Rate: 27.75%. Initiation fee (charged upfront): R936. Monthly service fee: R69 Total Amount payable: R13 338. Monthly instalment amount: R556.

They helped me. There were some troubles, cause I am blacklisted. But OK:
Hannah
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What RCS has to offer

It is important to know what RCS has to offer before you decide to apply for a loan with them. Because this is more than just a payday loan, you need to repay the loan between 12 and 60 months.

The amount that you can lend goes from R2 000 to R250 000. Their interest rate is reasonable at just 15%. But you need to know that there are some additional fees as well that are payable with the repayment of the loan. The process and provide an answer within 24 hours after the application was done correctly. The payout is done soon after or on the same day.

RCS loan requirements

It is important to know what the requirements and criteria are for you to apply for a loan at RCS loans. Because they are registered with the NCR, their criteria are strict. These are the loan requirements for you to apply for a loan and to be considered with RCS.

  • You must be older than 18 years of age
  • You need to have a valid barcoded South African ID
  • Must be permanent employed with a monthly salary of more than R 5 000
  • Need to be able to prove that you can afford the repayment of the loan
  • Credit checks will be done
  • Need to give proof of residence and three month’s bank statements

RCS review conclusion

Reviews about RCS loans shows that this is a reliable and trustworthy lender. With low interest rates, reasonable fees this is a payday lender to consider. Most reviews are saying that they are helpful and making sure that you are getting assistance right away. And, that only a few people aren’t getting approved for a loan.

Previous clients and existing clients are saying that this is one of the best loan services you can use. Especially with low-interest rates and fees that are lower than other loan services that are offering the same type of loan services.

RCS. Most people know this lender. This is a financial institution that is providing credit and loans to people that have a reasonable credit score. With the maximum amount of money, you can choose from, and the repayment options, this is something that many people can make use of when they need to get some cash. The application process is easy and the approval is quick and effortless.


What is your experience with this loan provider?

They helped me. There were some troubles, cause I am blacklisted. But OK:
Hannah
Reviewed 10. 05. 2020
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