How it Works
Step One: Choose Your Loan
Use the sliders on our homepage to select how much you’d like to borrow and when you’d like to repay it. As you adjust the sliders, you’ll instantly see the total cost of your loan – including interest and fees – in real-time.
Once your application is approved, funds are paid directly into your bank account the same day. You can apply online 24 hours a day, 7 days a week and borrow any amount between R500 and R8,000. Enjoy peace of mind knowing your financial needs are covered quickly and securely.
To check if you qualify:
- Simply enter your South African ID number
- Agree to our terms and conditions
- Receive an instant decision
Our smart online platform does all the work – from running credit checks to processing payments – with no delays, no paperwork, and no hidden fees. You remain in control, tailoring the loan to your budget, with all costs fully transparent from the beginning.
Step Two: Tell Us About Yourself
Once you’ve received an instant decision by entering your South African ID number, the rest is quick and easy.
Complete our simple online application form by providing the following:
- Contact information and physical address
- Employment details
- A breakdown of your income and expenses
- Your bank account details
We need your banking information to pay the funds directly into your account and to set up a secure debit order for your repayment instalments.
For even faster processing and added security, you can link your bank account using TruID. This helps us verify your information instantly, speeding up approval and payout.
Step Three: Receive Your Cash
Before approving your loan, we’ll verify your income and perform essential financial checks to ensure all the information provided is accurate and complete.
Once approved, your funds will be paid directly into the bank account where your salary is received.
🔒 Important:
- Make sure your bank account is active and able to receive withdrawals.
- We do not process payments to third-party accounts.
- For your safety, all payments must be made to an account in your name.
Enjoy the peace of mind of knowing your loan will be in your account shortly after approval – fast, safe, and secure.
At Sincithi Loans, repayment is essential to maintaining a good standing with us.
- Missed Payments: If you miss a repayment, a service fee and monthly interest charge will be added to your balance.
- Two Missed Payments: If you fail to make payments for two consecutive months, your account will be handed over to an external debt collection agency.
- Impact on Credit: This will negatively impact your credit rating, making it harder to access credit from other providers in the future.
We are proud to be fully accredited by the National Credit Regulator (NCR), ensuring that all our lending practices are 100% compliant with South African credit legislation.
This means:
- You can trust us to provide responsible, ethical, and legal financial solutions.
- We are a registered short-term loan provider with a commitment to transparency.
We take your privacy seriously:
- Your personal information is safe.
- We do not sell or share your data with third parties.
- We will only release your information to comply with legal requirements or to protect your rights and safety, or those of others.
We do not use your information for marketing or advertising without your consent.
Want to Know Your Fees & Interest?
Visit our homepage and:
- Enter your South African ID number.
- Agree to our terms and conditions.
Get an instant quote on your loan, including interest and fees based on the amount you need.