Mpowa Finance

Mpowa will offer you the most amazing payday loans that are faster and easier than ever.

Have you ever been in a situation where an unexpected expense happens with bills that are left that need to be paid? A loan from Mpowa can be a great solution for short-term financial issues and has been proven to be extremely effective and convenient.

Tips to make sure you can afford your loan

Before taking out a loan, it would be wise to do some research and calculate whether it would be beneficial or harm your financial situation.

Ensure you understand the terms & conditions you are agreeing to and know what your interest rate will be. It is a great idea to have a plan of action in place that helps you to pay back the loan on time, usually within a few weeks. A payday loan is a quick solution but if you plan correctly, a little can go a long way.

Mpowa complies with the NCR

MPOWA Finance complies with the National Credit Regulator's policy on responsible lending. They wouldn't want to cause you any more debt than what you already have.

A free credit check will be done to get a clear view of your financial records and make sure they give you a loan that will be the most affordable for you.

Their fees are transparent and available on the quote that they will supply you with.

Their loan amount ranges up to R2500 with a low-interest rate of 36%. The initiation fee will be R165 plus VAT on a loan amount up to R1000 and anything thereafter is at 10%.and their service fee is R60 per month.

Why they do a credit check

The 3-digit number increases the chances of being approved for beneficial financial products and plays a big role in planning your financial life and prospects.

Mpowa offers a free credit check when you first apply with them and they will use this score to accurately determine your financial track record, including repayment history. This will help them to establish if they are able to approve your loan and for how much.

Seamless and easy online application

Their online loan application is a quick and efficient way of getting a payday loan. Compared to getting a loan from the bank, their instant approval process is quick and efficient while they offer competitive rates.

With advanced technology, you will have the convenience of applying within minutes from the comfort of your own home. The even greater benefit is that the money will be deposited the same day as soon as you are approved. They offer competitive interest rates and financial stress relief that can be a huge benefit for you.