Name of the Organization : Mobicred (Pty) Ltd
Type of Facility : Apply For A Mobicred Account
Head Office : Cape Town
Website : https://www.mobicred.co.za/about/
Apply For A Mobicred Account :
Easy online credit application with an instant response :
1. apply once-off online
2. accept t&c’s and get your credit limit
Related : First National Bank Open Cheque Account Online : www.southafricain.com/3436.html
3. you’re ready to shop online
4. one single monthly instalment
The Application Process :
** Complete the online application form
** your application will be processed instantly
** you can begin your online shopping experience
Application Requirements :
1. A valid South African ID Number
2. 18 years or older
3. Earn a minimum monthly salary of R5500
4. An existing & valid bank account in your name
5. A current & valid email address & mobile number
Frequently Asked Questions :
How do I apply for a mobicred account?
You can apply directly via the mobicred website or via participating mobicred online retailers.
What do I need to ensure when applying for a mobicred account?
You need to have a valid South African ID number, be at least 18 years of age, earn a minimum monthly salary of R5500, have an existing valid bank account, a valid email address and a RICA’d mobile number.
Can my application be declined?
Yes, approval of your application is subject to mobicred’s credit risk & affordability criteria, and in accordance with the National Credit Act responsible lending principles. If, for whatever reason, your application is declined, mobicred will inform you as to the main reasons for being declined.
How do I buy with mobicred?
You can purchase at any participating online retailer that offers mobicred as a payment option. Simply select mobicred as a payment option within the checkout process.
What is the interest rate charged on my purchases?
The interest rate charged is 21.0% per annum & in accordance with the interest rate permissible by the National Credit Act.
Will interest rate fluctuations affect my repayments/current interest rate?
The interest rate on your account is an annual variable rate linked to the Repo Rate and will change in accordance with changes made by the South African Reserve Bank.
What is an initiation fee?
This is a fee for the opening & initiation of your agreement & mobicred account.
What is a monthly service fee?
This is a monthly charge for the monthly administration & maintenance of your mobicred account, including statements and all ad-hoc correspondence.
What is a late payment fee?
This is a fee that is charged to accounts which are one or more payments in arrears.
How do I pay my account?
Monthly instalments, as reflected in the mobicred statement, will be deducted via Debit Order.
How often will I receive my statement?
You statement will be send to you monthly via email.
What do I do if I am not receiving my statements?
Please contact mobicred via email at customerservice AT mobicred.co.za or on 08600MCRED(62733) to assist you with receiving your statements.
Contact Address :
14th floor
1 Thibault Square
Long Street
Cape Town