How to apply for a Capfin loan

Capfin is a registered credit provider and also one of the most popular credit providers in South Africa. The company has been around for over 10 years and has a great deal of both positive and negative reviews. This is a guide on how to apply for a Capfin loan.

Applying for a Capfin loan is really easy and effortless, the whole process takes just a few minutes if you have all the necessary documents with you. Let’s first look at the requirements you should meet.

Here are the requirements for a Capfin loan

  • Must be permanently employed or earning a salary.
  • Must be 18 years or older.
  • A valid South African ID.
  • A valid SA bank account and cell phone number.
  • 3 latest payslips or bank statements.

Capfin loans range from R1000 all the way up to R50 000, payment options range from 6 to 12 months. The interest rate you pay will likely be determined by the term of the loan and your credit profile.

How to apply?

To apply for a Capfin loan, simply head over to the Capfin website and fill in the application form. They will contact you shortly to discuss your loan application at which they will ask you to upload or send your documents.

You can also apply for a Capfin loan at any PEP or Ackerman’s store, simply take your ID with you to any of these stores and go straight to the cashier to tell them you want to apply for a Capfin loan.

Your loan will be paid out within 48 hours after a successful application, it will be paid to the bank account you nominated.


This was a guide on how to apply for a Capfin loan, do you have any thoughts or questions? Comment below.

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