Nifty Credit

Niftycredit helps you to manage your credit profile and your budget while offering personalised credit based on positive payment behaviour, which allows for better repayment terms.

How it works
We understand that life happens and more often than not you need cash in a hurry. So, to help get cash in your bank as fast as possible, we have developed a technologically advanced system that makes applying for an online loan with nifty super simple.

Minimum and maximum period for repayment,
- 3 to 12 months

Maximum Annual Percentage Rate (APR) which includes interest rate plus all applicable fees and other costs for a year and
- 28% - 60%

Terms and conditions apply.
APR:24.5% to 60%.

Loan period: Minimum 3 months to maximum 12 months.

Should a client wish to pay up his loan before his term ends he/she will be able to do so without any penalty fees. Interest and fees outstanding will thus be calculated pro-rata.

Representative Example of loan: Loan amount R8 000, term 6 months, Annual Percentage Rate (APR) of 60%, plus Interest and Fees of R1 637.99 incl VAT and a monthly service fee of R69.00. Monthly instalment of R1 881.15 and total amount payable R11 286.90. Credit Cost Multiple: 1.3