Rating based on 21 reviews

Vecto Finance

  • Personal loans up to R10,000
  • Low-interest starting from 26.9%
  • Repayment up to 12 months

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Vecto Finance homepage
Author Vecto Finance. Screenshot of Vecto Finance website.
[Accessed April 6, 2023]

About Vecto Finance

Vecto Finance is a registered credit provider that offers people quick micro-loan online.

They treat people with respect, dignity, and warmth and are always available when you need them - whether you want to discuss a new loan application or the status of an existing loan.

Transparency is the key to their success

At Vecto Finance they are a direct lender and, as such, are willing and able to be completely open and honest with you regarding their personal loans, their interest rates, fees, and application processes.

They are also pleased to let you know that there are absolutely no penalty fees or charges for early repayment and that's certainly unique.

Vecto Finance Services

They offer loans from just R500 to a decent R15 000 to anyone who meets their minimum requirements and provides them with a complete loan application and a full range of supporting documents.

Their loans can be repaid in either 12 or 24 months and they currently have an annual interest rate of 26.9%.

Get the things you need to get done 

Their personal loans allow you to make purchases, pay bills, and travel without getting into long-term debt or committing yourself to high monthly payments. Whether you're an existing customer or are looking to try out their services for the first time you will receive the best service and the most suitable loans.

Vecto Finance – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 26.9%
  • Loan Amount up to R10,000
  • Repayment 6 months to 12 months
  • Decision 24 hours

Benefits of Vecto Finance

  • Repayment up to 18 months
  • Low-interest starting from 28%
  • Personal loans up to R15 000

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Getting a personal loan is as easy as completing a quick online loan application

Applying for a loan is simple and quick and you will find out if you've been approved on the very same day and payouts are generally done in 48 hours or less.

At Vecto Finance they do not look at your credit history when deciding whether they can offer you a short-term loan. They simply need to ensure that you have a stable monthly income that will allow for room to make your loan repayments after all your expenses are paid.

What they'll need when you apply online

To apply for a quick loan with Vecto Finance you must be aged above 18, be a South African citizen, and be employed full-time. After you've completed the loan application form you must upload a copy of your ID, your most recent payslips, and/or your bank statements for the preceding three months.

Increasing your chances of getting your personal loan approved

The only thing that may work in your favour regarding your personal loan application would be to try and have as little credit as possible. If you have a number of loans that you are already paying for, they might not be able to help you.

The last thing they want to do is add further pressure towards your budget whereas you already have a number of credit plans that you have to pay for. The only time they will be able to assist is when your credit profile allows you to apply for another personal loan.

There won’t be a need for clients to see their loan applications after they have declined their credit requests because they will make everything clear during the feedback session. A number of reasons may end up giving you a thumbs down on your credit application. They also do their credit requests fairly so there is no biased behaviour.

Seek some financial advice

Their agents will never leave you to make financial decisions that you may regret in the future, they will help you every step of the way

man holding thumbs up

Vecto Finance is a trusted & reliable provider of personal loans

In our review, Vecto Finance adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Vecto Finance is a registered credit provider in South Africa: NCRCP309

Customer Reviews & Testimonials

November 2018

Vecto Finance approved my personal loan application when I was at the verge of giving up.

Grace K
— Limpopo —

March 2019

I am so happy to actually find a credit provider that has such affordable interest rates,

Rethabile P
— Pietersburg —

Vecto Finance Contact

Physical Address

  • Unit G01 , Parc du Links Building, 9 Niblick Way Cape Town Western Cape 7130 South Africa
  • Get Directions

Opening Hours

  • not available