Terms & Conditions

We believe in complete transparency. Please review these important terms before submitting your loan application.

Your Financial Peace of Mind

All lenders in our network are NCR-registered and operate in full compliance with South African lending regulations. Your safety and transparency are non-negotiable for us.

Make your financial dreams a reality with the right loan partner. We're here to connect you with trusted, licensed lenders who can help you achieve your goals.

Interest Rates & Loan Terms

Loan Period: 12 to 72 months

Maximum APR: 28% per annum

Representative Example:

Loan amount: R100,000
Term: 36 months
APR: 28%
Monthly service fee: R68.40
Monthly repayment: R4,558.00

Note: Interest rates depend on loan amount, term, and your individual credit profile.

Loan Renewal Policy

If you maintain timely loan repayments, you may qualify for additional loans based on lender criteria. You'll need to submit a new application, and the lender will assess your profile, affordability, and credit history. All decisions are made in compliance with NCR regulations.

Consequences of Missed Payments

Additional fees may apply if your monthly debit order fails due to insufficient funds or if you change bank accounts without notifying your lender. The lender will attempt to contact you to resolve any payment issues.

If contact cannot be established or the issue remains unresolved, the matter may be escalated to internal collections, and eventually to external agencies or legal representation. This will result in increased fees and interest charges.

Warning: Missed payments will negatively impact your credit score and make future credit applications more difficult.

Our Service Terms

We are not a lender or direct provider of finance. We operate as an online directory service, connecting you with registered lenders and financial service providers.

When you submit an application through our platform, we present it to one or more lenders from our network based on their lending criteria. This process continues until a lender accepts your application or all decline it.

  • You are under no obligation to accept any loan offer.
  • Read all terms and conditions carefully before accepting.
  • Lenders will conduct credit assessments including your credit history.
  • All final loan decisions are made by the lender, not by us.

DebiCheck Mandate & Deductions

Bank Statement Reference: All transactions will start with UBUNCASH

Registration Fee: A once-off registration fee of R220.00 applies to cover application processing costs.

If the payment date falls on a non-processing day (weekend or public holiday), the debit order may be processed on the following business day, or moved to the previous business day at the discretion of Ubuntu Cash.

DebiCheck is a secure, bank-approved debit order system that protects both you and the lender.

Your Declaration

By submitting your application, you authorize Ubuntu Cash to arrange with your bank to collect payments via debit order as stipulated in your loan agreement, including any arrears or amended amounts.

General Terms

  • If insufficient funds are available on the payment date, we may attempt collection multiple times ("tracking").
  • You remain liable for all unpaid amounts. Non-payment may constitute a breach of your loan agreement.
  • If you have an existing DebiCheck mandate, this new mandate replaces it.
  • By submitting your application, you agree to all terms and conditions on this website.

Important Authorization

I authorize Ubuntu Cash to debit my account with a once-off registration fee of R220.00 to cover the cost of processing and sourcing a loan. This fee is payable regardless of whether the loan is approved, declined, or not accepted by you.

Please note: We do not charge upfront fees. The registration fee is processed at the end of the month after your application has been reviewed. You will receive a reminder email within 24 hours to confirm this via DebiCheck, which will also verify your personal details before we proceed.

Payment Mandate

I acknowledge that all payment instructions issued to my bank are binding as if I had issued them personally.

Cancellation Rights

I agree that debit order instructions may only be cancelled with written consent from both myself and Ubuntu Cash. Any unauthorized cancellation may result in breach of contract and legal consequences.

Have questions about these terms? We're here to help.

Contact Us