The Fair Money Loan is a personal loan between R2000 and R8000 designed to eliminate or lower your credit card balances. The loan is designed to allow you to take control of your finances and pay your credit cards off faster. This is made possible by consolidating your high- interest card balances into one monthly payment at a fixed rate and term.

A credit card consolidation loan is a personal loan you can use to pay off balances on your credit cards or other high interest loan. Once your credit card balances are at zero, you can focus on making just one monthly payment on the loan. The interest rates for your consolidation loan, if lower than those of your cards, may result in less interest paid over time. This could save you money and help you pay off your debt faster.

We do not offer joint applications at this time. Currently, you may only pay off outstanding balances that are verifiable on your personal credit report.

Yes! In fact, we encourage it.

Making additional payments is always a good idea and can help you end your debt more quickly, as well as minimize your overall paid interest.

No. There are no early settlement penalties with the Fair Money Loan.

Most approved loans are funded within 1 to 3 business days after the verification process is completed.

Fair Money loan’s are designed for good credit profiles. This is usually defined by high credit scores, low debt to income ratios, long term credit histories and no missed payments or delinquencies.

A few things you may need to provide for verification purposes are:

● A bank statement no older than 3 months
● Your 3 most recent payslips
● A copy of your existing loan agreement if you have it.

Your payments are withdrawn directly from your designated checking account on a monthly basis.

Life happens and we understand that. Please contact us if you’re experiencing difficulty with your monthly payments. We’re always here to help and will work to understand your individual situation to keep you working toward your goal of paying off your credit cards.

An origination fee is a nonrefundable prepaid finance charge. The fee helps cover our costs and allows us to create products and provide personalized services that help you on your way towards financial freedom.