Is Finpandas a lender?
No. Finpandas is not a bank, financial institution or lender. We are an intermediary: we take your application and introduce you to licensed credit providers who may be able to help. The loan agreement, the rate and the final decision are entirely theirs.
What does it cost me?
Nothing. Our service is free for applicants and we never charge a fee for an introduction. We are paid by the credit providers on our panel.
How much can I borrow, and for how long?
You can request from R500 to R250 000 on this site. APR ranges from 12% to 36%, and repayment terms vary by lender, from 15 days up to 72 months depending on the provider you are matched with. What you are actually offered depends on the provider's affordability assessment.
What do I need to apply?
A South African ID number, a South African mobile number, an email address, and your income, employment and banking details. You must be 18 or older and a South African resident.
Does applying affect my credit record?
Submitting the form on this site does not itself affect your credit record. The credit provider you are matched with will run its own checks as part of its affordability assessment, and those may be recorded by the credit bureaux.
Who do you share my information with?
Only with the credit providers we match you to, so that they can assess your application, and with the service providers that help us run the site. Our privacy policy sets out exactly what we collect and why.
What if I am turned down?
A decline from one provider is not a decline from all of them. It usually comes down to affordability or existing commitments. Paying down what you owe and reapplying later generally gives you a better result than applying repeatedly in a short window.
