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Product Guide: Lendico

Borrow

Comparison Overview:

  • Product: Borrow
  • Initiation Fee: 0.5% - 7% of the loan amount (never exceeding R1000)
  • Monthly Service Fee: None
  • Interest: Variable
  • Minimum Loan Amount: Available upon application.
  • Maximum Loan Amount: R200 000
  • Minimum repayment period: Available upon application.
  • Maximum Repayment Period: Available upon application.

Product Overview

Lendico connects borrowers and investors!

Benefits:

  • Great rates - Lendico directly connects borrowers with investors. Lendico’s process bypasses many of the high costs of the traditional banking system. These savings are then passed on to you. Lendico’s borrowers benefit from low rates and flexible terms.
  • Process - At Lendico you can submit your individual loan project in a few simple steps and without unnecessary paperwork. Save yourself the trip to the bank, simply apply for your loan from the comfort of your own home. The money will arrive in your bank account in just a few days.
  • Tailored to your Individual Needs - Whether you want to expand your business, buy the car of your dreams, renovate your kitchen or consolidate your debts. At Lendico you can apply for a loan that is tailored to your needs and your financial situation. Loans of up to R 200 000 at low costs, for more financial leeway.
  • Secure - The Lendico process is fast, simple and strictly non-bureaucratic. There are no hidden fees and no small print. Lendico’s systems comply with the highest safety standards, where your data and identity are protected and kept confidential at all times.



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Fincheck is a financial comparisons website that organises information to assist the borrower in making their best financial decision.

Fincheck gathers information from numerous banking partners and presents it to the borrower in a simple, understandable way. Lenders benefit from an additional market place and extensive customer reach. Loan amounts vary from lender to lender. Fees, interest rates, loan amounts and credit scores influence the repayment terms. Lenders require personal details to control their risk and assist the government to combat theft, money laundering, terrorism. Fincheck does not endorse any particular product or company. We are an independent company. The information shown and provided is an opinion, based on numbers and must not be seen as advice or consultation.