Creditgenie

Applying for a quick loan online can be an uncomfortable process when you have bad credit or are applying for the first time.

Most loan applications require personal information and no guarantee of your data remaining private. Creditgenie offers the perfect solutions for both of these common problems. As an online broker they have 9 years of experience assisting their members to apply for the loan they need.

Creditgenie processes an average of 300,000 applications a year and have built up a panel of lenders who are trustworthy and open to applicants - regardless of who they are, where they come from or what they’re looking for.

Through Creditgenie, your loan application will reach lenders like Capitec and Nedbank to name but a few. By becoming a member you will have access to trusted lenders, legal assistance as well as expert financial advice. All that for a once of R395 and 117 per month thereafter.

Have a bad credit record

Most lenders will not extend credit to you if you have a bad credit record. Lenders who will consider your application will charge you a higher interest rate and give you stricter repayment terms.

The Annual Percentage Rate or APR is between 20% and 112% and if you have a bad credit record you’ll probably be charged a higher percentage.

Credit Genie can help you. They understand the pitfalls of debt and have structured their company specifically to help you recover from bad debt. By becoming a member you’ll have access to their “Financial Wellness Program”.

Once you’ve repaired your credit rating it’s on to the next step! As a member your loan application is complimentary.

On the Credit Genies website, you can apply for the fast loan you need by filling out the user-friendly application form. From there Credit Genie processes your information and finds the lender and terms that best suit your profile.

Access to quick loans isn’t the only service Credit Genie has to offer you.

Services that come with your membership:

Legal ID Assist

This service consists of two major parts:

Legal assistance - Any legal issue that crops up can be dealt with by Credit Genies' legal team. They will assist you with anything from your last will and testament to a divorce kit. As part of this service, the first half-hour with the lawyer has covered as well as a letter or phone call.

ID Assist - Anyone who has lost or had their wallet stolen will appreciate this feature. Creditgenie helps you through the painful process of deactivating and reapplying for cards and provides you with the crucial information you need to prevent identity theft.

Financial Wellness Program

Greditgenie’s Financial Wellness Program assists South Africans who are over-indebted or need help to secure a quick loan. They do this through three services that will help you get your finances under control.

Impartial financial counseling: A counselor will call you and help you work on developing a budget and properly managing your income and expenses.

Debt management: You’ll get the chance to take your debt into your own hands and improve your financial position by setting financial goals and making changes to the way you spend your money. If you choose this option you will receive support from a counselor and can also elect to have your debts consolidated.

Debt review: This is a legal process that will protect you from your creditors. An NCR accredited counselor will help you review your debt and contact your creditors to help you arrange more favorable repayment rates and terms. This will free up income so you’ll have enough to live comfortably while you repay your debts. While under debt review you will not be able to take out any further credit.