LetoCredit

The platform advertises a maximum of R15,000 across its partner lender network. The actual amount offered to you depends on the partner lender's affordability and credit assessment of your individual profile. First-time borrowers typically receive lower amounts; repeat borrowers with good repayment history may qualify for higher limits over time.

Yes. Letocredit does not charge borrowers any registration fee, comparison fee or brokerage commission. The service earns revenue from partner lenders. All fees applicable to your credit agreement (interest, initiation fee, service fee) are charged by the lender and are disclosed in the pre-agreement quotation before you sign.

1. Find the lender's legal entity name and NCRCP number in your pre-agreement quotation or the lender's website footer. 2. Go to https://www.ncr.org.za/index.php/registered-credit-providers. 3. Search for the lender's legal name. 4. Confirm the NCRCP number matches. Do not proceed if the lender does not appear in the NCR register.

Some partner lenders offer 0% interest on a first loan as a promotional rate for new clients. This offer is typically limited to small amounts and short terms and is subject to the individual lender's terms. Repeat loans are issued at the standard rate applicable to your profile.

Your credit agreement is with the individual lender, not with Letocredit. If you have a complaint: 1. First contact the lender directly through the details in your credit agreement. 2. If unresolved, lodge a formal complaint with the NCR at https://www.ncr.org.za or call 0860 627 627. 3. Serious disputes may be escalated to the National Consumer Tribunal or a relevant Ombud.

Letocredit advertises that the comparison form takes approximately 2 minutes to complete. Individual lender decision times vary — many return a decision within 15–30 minutes during business hours. Disbursement after a signed agreement is typically same-day to 24 hours.

Under the National Credit Act, lenders must conduct an affordability assessment for every credit application. A second simultaneous loan may be declined if it would render you over-indebted. This is assessed by the individual partner lender, not by Letocredit.

Letocredit's terms and conditions state that personal information submitted through the platform is processed in accordance with applicable data-protection law. Your data is shared with partner lenders for the purpose of matching and processing your application. Review the Letocredit Privacy Policy and the individual lender's privacy notice for full details.