Cramisun
Cash Loans

Loan Info:

  • Loan Period – 1 month
  • Minimum Amount – R500
  • Maximum amount – R5 000
  • Interest rate – as low as 5% for new applications and 3% for repeat applicants.

Contact Details

What documents are required to apply?

  • A valid South African ID
  • Your latest pay slip
  • 3 Months bank statements
  • Registered cell phone number

Late Payments

In an event that we are unable to collect money from your salary account as stipulated on your loan agreement, we will contact you to let you know about the failed collection, and discuss with you how to make a payment. The late payment charges will apply from the date that we were unable to collect. It is the client s responsibility to make sure there are sufficient funds to cover Cramisun debit order in their account.

Non-Payment

Continuous Non-payment of loan will result in additional charges being debited to your loan account and your account will be handed over to external debt collecting attorneys. The attorneys may add further charges to your account. And your credit rating will also be negatively affected.   

Loan Renewal

Clients may renew their loans for as long as they require the funds. The loan renew may be done after every successful collections. There is no waiting period.

Credit Limit Increases

We review credit limits every time the clients make a request upon renewing their loans.