How it works

Applying for a loan has never been easier! With Tholulwazi Capital, all you have to do is follow our quick three-step process. Choose your loan plan, tell us about yourself, and then receive the cash fast.

Step One: Choose Your Loan

On the homepage, adjust the sliders to your preferred loan amount and choose a repayment date. From there, you can view the total cost of your loan, including interest. If your loan is approved, funds will be paid directly into your bank account on the same day. You can apply for a same-day loan online 24 hours a day, 7 days a week. You can borrow between R1000 to R250 000 with confidence that your financial responsibilities are secure. Payment will be made on the same day after loan has been approved.

To determine whether you are eligible to receive the loan, simply input your South African ID number and accept our company’s policy terms and conditions. Your results will appear instantly.

Our online platform will fully assess your application, conduct thorough credit checks, as well as transfer cash to your bank account on the same day that you apply. This process is swift and transparent with no waiting and no hidden fees. Our loans are fully customizable; you can alter a loan to suit your specific financial circumstances. Even better, there are no surprises! All interest and fees are shown upfront and clearly emphasized at the beginning of the loan application process.

Step Two: Tell Us About Yourself

After inputting your South African ID number to determine whether you qualify for our loan, simply complete our online application form. This form is quick and easy.

You will need to provide the following information: contact information, physical address and postal address, employer details, and income and expenses.

Further, we will need details about your personal banking details so that we can pay via direct deposit as well as load the debit order for your repayment installments.

Step Three: Receive Your Cash

At Tholulwazi Capital, we will verify your income before approving a loan. We will also conduct thorough financial examinations to ensure that all details and provided information are accurate. Then, once you are approved for a same-day loan, all loan payments will be transferred directly into the same bank account that your salary is paid into.

Disclaimer: be sure to check that your account is active and to confirm that you are able to make withdrawals. We do not grant loan payments to third-party accounts. Once approved, all loan payments are made directly into the bank account that your salary is paid into.

Non-Repayment

We charge a monthly R68 service fee and a 3% interest charge for any non-repayments. If you refrain from making payments for two months, your account will be sent to an external debt collection company. This could affect your credit score and may hinder you from receiving credit or other financial help from external providers in the future.

Compliance and Privacy

As a short-term and payday loan provider, we aim to provide our clients with complete protection and guaranteed quality assurance. Tholulwazi Capital is fully accredited with the National Credit Regulator, and our services are guaranteed compliant and operative.

All information gathered on our website is completely confidential. We do not sell, trade, or transfer your private information to third-parties. The only time we may release your information is for legal purposes, for the protection of our rights, or for the rights and safety of others. Otherwise, your information is strictly confidential and protected. No information will be made visible to third parties for soliciting, marketing, advertising, or various uses.

For more information about loans, interest, and applicable fees, please contact us or visit our homepage here. Be sure to enter your South African ID number, agree to our terms and conditions, and receive an instant answer.