Rating based on 44 reviews

New Heights Finance

  • Personal loans up to R150,000
  • Low-interest starting from 25%
  • Repayment up to 60 months

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New Heights Finance homepage
Author New Heights Finance. Screenshot of New Heights Finance website.
[Accessed January 30, 2023]

About New Heights Finance

With a personal loan, you can make the impossible possible.

Whether it be to repair your car, buy yourself a lovely house, or simply go on that well-deserved vacation, with a personal loan, you can do it all.

Committed to their family and friends

New Heights Finance is an established lender that supplies its clients with various financial products. Amongst them are personal loans, business loans, and property finance. Whatever questions you might have regarding financing, New Heights Finance will be able to answer them.

They’re dedicated to providing you with peace of mind knowing that your details and inquiries are kept safe and secure. Your personal details are only requested to make the application process a speedy and efficient one. Therefore, you’ll find that the process of applying for your personal loan is a convenient one.

A long-standing service provider

New Heights Finance has been a committed and active service provider for many years. They’ve been able to provide financial assistance to many individuals over the years, allowing them to grow within the financial industry.

They specialise in helping you secure financial products and packages that fit your personal needs. You only need to give them your required loan amount and which loan term and they’ll do the rest for you.

Start benefiting by making use of New Heights Finance

Are you interested in a personal loan from New Heights? New Heights provide you with various loan options to choose from. Whether you’re looking for an easy payout process or a convenient repayment structure, they have it all.

Benefits of using New Heights Finance

  • Easy payout system to choose from
  • Convenient repayment structures
  • Flexible interest rates
  • Easy loan application process
  • Various loan options to choose from

New Heights Finance Services

Whether you need financing for the unexpected or quick cash for an emergency, you can depend on New Heights Finance. They’ll take control of your situation by providing you with the best possible services.

Personal loans for up to R350 000

At New Heights Finance, you can qualify for a personal loan of as little as R2 000 to as much as R350 000, depending on your credit score. Once you have all your documents in order and your credit record is up to date, you can start with your application.

When selecting a loan option, it’s important to look at all the details. At New Height Finance, you’ll be required to pay a once-off initiation fee as well as a monthly service fee of R69. These are additional costs that are not included in your monthly repayment, therefore, you need to keep them in mind.

Conditions when applying for a personal loan

When applying for a personal loan at New Height, you’ll need to meet the following requirements.

  • Have a clear credit score
  • No bad credit items
  • Be between the age of 18 and 65
  • Have a permanent income
  • Minimum monthly income of R3 000 or more

If you meet the basic requirements, you can get started on your application.

Adjustable rates and repayment terms

When selecting a personal loan package, you’ll find that your interest rates and repayment schedule will depend on the loan amount you’re applying for. At New Heights Finance, their interest rates range from 15% to 24.5% per year.

Note that all applications are subject to a credit check, therefore once they have received your credit approval, the loan amount will be calculated which includes the interest payable and an additional once-off fee of R1 197 which is known as an initiation fee. Upon finalising your loan amount, you’ll be able to select your repayment term which will then determine your monthly repayments.

Keep in mind, once you’ve selected your repayment term, you’ll be held responsible if you’re unable to meet the monthly payments. Therefore it’s advisable to make sure that you choose the right repayment term for your budget.

New Heights Finance – Personal loan

  • Loan Type Personal loans
  • Interest Rate 2528% p/a
  • Loan Amount up to R150,000
  • Repayment 6 months to 60 months

Benefits of New Heights Finance

  • Bridging finance for individuals and businesses
  • Property bridging finance
  • Loans for blacklisted clients

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Get your loan approved within minutes of completing your application

New Heights Finance provides an application process that’s swift and easy to complete.

You simply need to access their application form and fill in the required details, and you’ll be on your way to making your dreams come true.

The application process at New Heights Finance

At New Heights Finance, you get to obtain your loan in three easy steps. You can access all the details and the application form on their online website, which makes the process easier.

The first step consists of filling out the application form linked to your desired loan type. Once you’ve filled in your details, you’ll have to submit the required documents.

Thereafter, they’ll access your application and get back to you within 3 working days regarding the outcome. The moment they approve your application, the money will be paid into your account immediately. Now you can take on anything and make your dreams come true.  

Documents required for a successful application

  • Proof of income, such as a payslip
  • Latest bank statement of the last 3 months' salaries
  • Proof of identity, such as your ID
  • Valid home address that is dated within the last 3 months

Various repayment options and calculations

New Heights Finance believes in giving its clients the best experience possible; therefore, they provide you with comfortable rates and terms.

You get to choose a repayment term from 7 months up to 6 years. Once you’ve selected your desired term, they’ll be able to calculate your fixed monthly repayment. You can also choose between repayment options, which include debit orders, cash payments, and EFT, among others.

It’s important to note that your first installment will be due within 7 days of receiving your funds, and then it’ll be deducted or requested on the first day of every month according to your repayment option. Should you like to repay your loan earlier than you agreed upon, you simply need to contact New Heights Finance and they will work out a settlement payment for you.

Customer Reviews & Testimonials

August 2022

New Heights Finance has the best credit offers. With their loan, I was able to attend to my financial emergency in the shortest turnaround time.

Timothy J
— Randburg —

March 2021

Everything from the actual loan application to the final stage of the cash transfer was easy and didn’t cause me too much trouble.

Tshegofatso S
— Heidelberg —

New Heights Finance Contact

Contact Number



Physical Address

Postal Address

  • PO Box 1583, Wandsbeck, 3631, South Africa

Opening Hours

  • Monday 08:30 – 16:30
  • Tuesday 08:30 – 16:30
  • Wednesday 08:30 – 16:30
  • Thursday 08:30 – 16:30
  • Friday 08:30 – 16:30
  • Saturday – Closed
  • Sunday – Closed