Rapid loan-online credit

About Rapid loan-online credit

Rapid loan is a convenient and reliable financial platform for SA mobile users.
Loan application process is secure and safe. If customers pay back their loans on time, they can take next loans without any other documentations at a lower service rate and higher amount.

Product Description:
Amount : R 200- R 8,000
Loan Term: 3, 6, 9 and 12 months
Daily loan interest rate: 0.01%
Interest rate (APR, min to max) for this loan app: 17% to 29% per year
Management/Platform Fee: 0.01%


example:
If you choose a cash loan of 10,000,000 R for 1 year with 0.01% interest
Profit sharing: 24% = R 2,400,000
Term: 12 months / 12 times pay
Platform Fee: 12% = R 1,200,000
Total loan principal + interest = R12,400,000
Total Payment Amount: R13,600,000
Total monthly installments : R 1,133,333
• Borrowers have the flexibility to prepay at any time, which may reduce the above fees

Why our online credits are reliable and good:
• No collateral and no paper work – get cash online within 1 day. No need to go to the office or branch
• Apply in just 5 minutes. Easy and fast
• Loan disbursal in 1 day. Need money today? Apply and get approved


How to apply for a loan?
Just use our mobile app and complete simple application:
1. Install Rapid loan App
2. Register through your Phone Number
3. Identity through the app.
4. Get money sent to your account.

Who is allowed to apply Rapid loan credits
1. Age between 18 to 60
2. South Africa Citizenship

contact us:
Address: 34 Kilkenny Rd, Parkview, Randburg, Johannesburg
Customer Support Email: [email protected]