We are accredited by the NCR (National Credit Regulator)
We are accredited by the NCR (National Credit Regulator) which enables us to provide short-term loans to those who need them throughout South Africa
What You Need to Know about Debit Order Authorisation:
The South African Reserve Bank and the Payments Association of South Africa have introduced a new initiative called DebiCheck, to help protect South Africans against fraudulent and incorrect debit order authorisations.
We have now also adopted DebiCheck as part of our processes – which we will be gradually introducing to our clients. This simply means that, should you decide to take out a loan with us, we may ask you to authorise your debit order with your bank and when you receive your salary the repayment amount will be deducted from your bank account. No need to carry cash around, we value your safety!
Monthly Loan Repayments
When you decide to take out a Capernaum Personal Loan*, our consultants will determine your interest rate and initiation fee according to your personal risk profile. Your loan repayment can range up to 30 days (1 month) and the interest rate is 5% per month excluding initiation and administration fees.