NCR Disclosure

Compliance Statement

R Loans is registered with the National Credit Regulator (NCR) and operates in compliance with the National Credit Act 34 of 2005 (NCA). We are committed to responsible lending practices and consumer protection.

Cost of Credit

In accordance with the National Credit Act, we disclose the following cost of credit:

• Interest rate: 30% per 20-day period / 40% per 30-day period
• No initiation fees for loans under R500
• No monthly service fees
• No credit life insurance required
• Total cost of credit disclosed before loan approval

Affordability Assessment

Before approving any loan, we conduct an affordability assessment as required by the NCA. This includes verifying your income source (allowance, bursary, or other) and ensuring the loan repayment is within your means.

Complaints

If you have a complaint about our services, you may contact the National Credit Regulator: