Bad credit loan calculator

How much would you like to borrow?

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Interest Rate This field is required and the value should be a number.

The interest rate of a loan will vary based on your credit score and risk profile.

Repayment Term

Day / Months / Years months years

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This bad credit loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

It is their goal to ensure that their customers receive the efficient service that they need when they need it

South Africans choose to use us as their preferred credit provider because of a number of factors including:

• They offer longer loan terms for tighter budgets
• They have complete rate and fee transparency
• They offer competitive rates
• They offer a 100% online quick loan application
• They boast great customer service and support

It shouldn’t have to take you hours to apply for a personal loan, just in the same way that you shouldn’t have to wait for weeks to hear from your bank about the results of your credit application. At Izwe Loans, in addition to affordable rates, they also strive to complete the transaction as fast as possible and have your loan credited in under 24 hours.

Your supporting documents

In order to apply for a bad credit loan with them, you will have to send them your bank statements, pay slips and a copy of your ID. Their loans are unsecured which means that you don’t have to be a homeowner to get one and you can apply online at any time.

Put bad credit behind you with the help of Izwe

With the current state of the economy, it is not uncommon to find people who are struggling with bad credit records. But bad credit should not mean that you are at the end of your path. This is why they offer loans based on affordability and not credit record alone like other lenders. Often those who need credit the most are the ones who are refused it and they plan to put a stop to that. With their loans, you are not only able to meet your short-term financial needs but you can also place yourself in a better financial position over the long-term. If you are able to meet all your repayments over the term of your loan, you can improve your credit score and gain access to better loans in the future.

A user-friendly website – because life is complicated enough already

They do not like complicated which is why they try to keep everything as simple as can be. For this reason, they allow their customers to complete applications online using any supportive device. Their website is also home to a really nifty piece of software called a loan calculator. The calculator allows you to take your finances into your own hands and choose the borrowing amount and term that best suits your income and income frequency. You can also see what the highest repayment is that you can afford to ensure that you can repay the loan as fast as possible without placing your head under water.