Listing Detail

Crediq is a truly African organisation, headquartered in Johannesburg. It focuses on delivering inclusive financial services to underserved populations. With a staff complement that includes both direct and indirect agents, Crediq is on a mission to support millions of customers across South Africa.

So what’s wrong with current solutions on the market? In today’s economic environment, microfinance remains a minefield for many operators. High inflation rates and mounting debt levels increase the cost of capital, making it difficult for MFIs to offer affordable loans to low-income clients.

But that’s only one part of the picture. Crediq’s founders knew South Africans wanted a fully online application process, designed for convenience. A process that required minimal paperwork, so that they could get approved quickly and efficiently.

A 100% online portal would be vital so that rural South Africans would no longer be excluded from microfinance industry.

Crediq was built with an ambition to close the economic divide in South Africa. We are here to build a world-class retail financial services organisation, improving lives and making a difference. With Crediq, it’s time to bring microfinance solutions to the masses, without the need for traditional branches.

Trust your financial freedom to Crediq, a registered micro-lending company that offers bargain interest rates and fees with the click of a few buttons. Based in Johannesburg, we provide short-term loans through our advanced online system to residents of South Africa.

What to consider Before Applying
● You must have a permanent job and have been with your current employer for at least three months before applying.
● Your salary needs to be deposited into a bank account in your name. No exceptions.
● If you’re under debt review, administration, or sequestration, we can’t approve your loan.
● Suffering from a low credit score? You can still apply, but approval isn’t guaranteed. We’ll look at why your score is low before making a decision. Your credit record tells us how you’ve handled debt in the past, and that’s a key factor in the approval process.