F.A.Q.

Home / F.A.Q.

Apply and Approval

  • You need to be a South African citizen
  • You need to be between the ages of 21 and 60
  • You need to be earning at least R3500 per month
  • You must be permanently employed for more than 6 months
  • Your salary must be paid into your bank account
  • We can’t assist anyone under debt review or administration
  • You need a valid South African identity Document (ID)
  • You need 2 months latest pay slips
  • You need 3 months latest bank statements
  • You need proof of residence, not older than 3 months

New clients

  • We require the original documents.
  • Electronic pay slip, printed with the company stamp.
  • Bank statement with a bank stamp.

Existing Clients

We can use the electronic pay slips and bank statement

Yes, as long as the bank statement reflects the client’s initials, surname and full current address.

No, you would need to be permanently employed for minimum 6 months.

Yes you can apply, our friendly consultants will perform the necessary credit checks and calculate your affordability.

Yes you can apply, our friendly consultants will perform the necessary credit checks and calculate your affordability.

You will receive the money within 24hrs.

Yes you can apply for a second loan, our friendly consultants will perform the necessary credit checks and calculate your affordability.

Credit Insurance

You are free to use or choose your own insurance, but proof must be provided of the insurance you have.

You are free to use or choose your own insurance, but proof must be provided of the insurance you have.

Rates and Charges

Our interest rate in regulated according to the NCR

Service Fee – A standard service fee is charged on a monthly basis which is applied to your loan account.

Credit Protection Insurance – A credit Life premium is charged on a monthly basis which is applied to your loan repayments.

Balances, Settlements and Paid Up Loans

You can contact your Letsatsi branch in order to give you a loan statement.

Please visit your Letsatsi branch or contact Head Office. A settlement letter request form needs to be completed. You will then receive your settlement letter within 3-5 working days.

You can contact your Letsatsi branch, to issue a paid up letter.

Get Started

Find a branch, contact our call centre on 0860 992 998, or apply online.