Start with what you need
First-time customers can apply for R500-R4 000. Choose one month for amounts up to R2 000, or two or three months for amounts up to R4 000. The approved amount may be lower than requested or the application may be declined.
A complete first-loan example
| Cost | Amount |
|---|---|
| Amount paid to you | R1 500.00 |
| Interest: 3% for one full month | R45.00 |
| Initiation fee | R60.00 |
| Service fee: one full month | R30.00 |
| Credit life insurance | Not charged |
| Total to repay | R1 635.00 |
For more than one month, the principal is repaid in portions and interest reduces as the balance falls. See the full repayment schedule.
The checks come first
Identity, bank-account ownership, income, expenses and credit commitments are checked before a personalised offer. Using this website does not start those checks. Prepare the documents in the requirements list.
Before you accept
Check the actual amount that will arrive in your bank account.- Read the total repayment and every instalment date.
- Confirm all fees, including tax and any applicable benefit.
- Keep a copy of the quotation and agreement.
- Pause if you would need another loan to make the repayments.
After full repayment
Keep the paid-up confirmation. If you later need to apply again, Lendeka Together may reduce the initiation fee. You do not need to borrow again to use our budget planner or support information.
Consider the expense as well as the loan
Before applying, check whether the amount or deadline can change. Our alternatives checklist covers questions to ask about payment arrangements and other resources. If borrowing remains suitable, read the offer checklist before accepting.