Fincheck

Fincheck offers customers an easy way to compare insurance and loans. Through them, you can compare many offers in just 2 minutes!

You can also get tips on how to improve your credit score. These will help you make good financial decisions. They’re here to help you avoid unnecessary debt and stick to your budget. Budgeting correctly instils long-term decision-making skills.

Their loans are easy to obtain and applications are straightforward. They offer secured and unsecured loans.

About their vehicle financing options

Their panel of lenders offer car loans that are specific to your needs. Naturally, they have a lower interest rate and a much longer repayment period compared to most personal loans. This is because car loans are secured while most smaller personal loans are unsecured.

Because the loan is secured, you gain these benefits. Using their comparison website means you're able to compare the fees and interest rates of leading lenders and then pick the loan offer that suits you best. They require that you insure your vehicle if you want to finance it through them.

Their online platform

Internet banking is an important feature in an increasingly digital world. They know that most banks offer internet banking allowing you to pay others free of charge and from the comfort of your home. It is only fair that you should be able to get your personal loans in the same way.

This is why they put effort into making their lending platform as simple, streamlined and convenient as possible. Their platform is secured for your peace of mind. They also have a strict and regulated privacy policy which can be found on their website.

They make use of encrypted software to ensure the safety of your information.

Their consultants are always available to address any of your concerns. Just make use of the messenger button in the bottom right corner of their webpage.

They aim to instil positive financial and spending habits. Maybe putting away 10% of your salary each month or saving up all your loose change for a whole year. Small habits lead to much bigger and better outcomes.

Finding a competitive car loan through Fincheck

They offer your vehicle loans up to the value of R175 000. The minimum amount that can be taken out is R1 000 and the repayment term ranges from 3 months to 72 months. Use their vehicle comparisons to get special rates and specific loan features.

Vehicle finance options

• Leasing agreement - this option does not allow you to own the car - you’re merely renting it. It's ideal for short-term car use. This isn’t considered vehicle finance, it’s a rental agreement.
• Personal loan - this allows you to borrow a fixed sum and pay it back over a fixed term. Interest rates are generally higher. It’s also a better option for those looking to finance the purchase of a used car.
• Hire purchase - a minimum deposit will be paid along with fixed monthly payments. You’re essentially renting the car until the final payment is made.
• Guarantor loan - this is for those with poor credit histories. A third party will stand in as the guarantor to take responsibility should you default on your loan.
• Vehicle instalment agreement - you’ll pay the deposit and the remaining amount will be financed. You’ll own the car, only once you’ve paid it off completely.