Frequently asked questions
Everything you need to know about borrowing with BeztOption.
You can borrow from R500 up to R8,000, depending on the product you choose and your affordability assessment. New customers may start with a lower limit that grows as you build a repayment history with us.
Most applications receive a decision within minutes. Once approved and your agreement is signed, funds are typically paid out the same day, often within the hour during banking hours.
To qualify you must be 18 or older, have a valid South African ID, earn a regular income, and have an active South African bank account into which your salary is paid.
You'll need your South African ID document, your three most recent bank statements, proof of income (a recent payslip) and proof of residence not older than three months.
Repayments are collected by debit order on your salary date or over your chosen term (1 to 6 months). You'll see your full repayment schedule before you accept the loan, so there are no surprises.
Your cost is made up of interest plus a once-off initiation fee and a monthly service fee — all capped in line with the National Credit Act. There are no hidden charges, and you can see the full breakdown in our loan calculator before applying.
Yes. We are POPIA compliant and protect your data with bank-grade encryption. We never sell your personal information, and we only use it to assess and manage your loan.
Please contact us as early as possible. We'd rather help you find a responsible solution than see you fall behind. Avoiding the problem can affect your credit score, so reach out and we'll work with you.
Yes. BeztOption is a registered credit provider with the National Credit Regulator, registration number NCRCP12345, and we lend responsibly in full compliance with the National Credit Act.
Still have questions?
Our friendly team is here to help, Monday to Saturday.