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An Explanation On
How It Works

What we Require

Note that all documents are mandatory for each application.

STEP 1

FILL IN APPLICATION FORM

STEP 2

UPLOAD IDENTITY DOCUMENT, PAYSLIP & 3 MONTHS BANK STATEMENTS(LATEST)

STEP 3

IF APPROVED, LOAN PAID DIRECTLY TO YOU

3 LATEST PAYSLIPS

IDENTIFICATION

3 MONTHS BANK STATEMENTS

Need a Loan

Do you have the mandatory documents
Is your checklist complete


Apply Now

FAQS

Frequently Asked Questions


Feeling a bit stuck? Don’t worry, we’ve got you with our FAQ's section which goes through instances which might need to be clarified with our platform users.


You need to be over 18, provide us with 3-months bank statements, your recent payslip and your original ID.
You can request anything between R500 and R3000 the first time you apply for a Phynance loan simply use the slider on the home page. It also depends on you credit record and your affordability assessment. After repayment, your trust rating will increase that will enable you to borrow more than R3000 which is also dependent on your credibility.
To be provided...
Yes, we carry out a credit check as part of our automated decision making process.
Phynance uses a sophisticated and fully automated credit check as part of our decision making process, so if you’ve got a very poor credit record it may affect our decision.
Yes, an active bank account is required.
Not long at all! We make payment as soon as possible after an application has been approved. We’ll email/sms you when the cash has left our account.
Repaying your loan is simple. Ensure you have money available in your nominated bank account on your loan repayment date.