Blink Finance

Blink Finance is a South African online lending platform that offers short-term loans. They pride themselves on offering fast and easy loan applications with minimal paperwork and quick turnaround times.

They’re a registered credit provider that complies with all the regulations set out by the National Credit Act (NCA). The company was founded in 2017 and is headquartered in Johannesburg, South Africa.

Can’t access a loan from a bank?

They aim to provide affordable and accessible credit to consumers who may not have access to traditional banking services or may have been declined credit from mainstream lenders.

Putting you first with their exceptional service

If you’re a customer of Blink Finance, you can expect a high level of customer service from their team. They’re responsive, friendly, and knowledgeable.

You can reach out to them via phone, email, or online chat and expect prompt and helpful assistance. Additionally, they provide extensive resources on their website to help you understand their services and make informed decisions.

The values that drive Blink Finance

Their values are centred around being ethical, transparent, and responsible. They aim to provide a fair and reliable service to their customers, ensuring that they understand the terms and conditions of their loans.

They believe in responsible lending and encourage you to only borrow what you can afford to repay. They also prioritise confidentiality and safeguarding their customers' personal information.

A new player that’s here to stay

Although they’re a new player in the market, the company has quickly established itself as a competitive and reliable lender.

Its focus on quick and easy loan application processes, competitive interest rates, and flexible repayment terms have made it a popular choice among South African consumers looking for personal loans.

Blink Finance offers loans of up to R8,000, with repayment terms that are comfortable enough to give you some room to breathe.

The interest rates charged by Blink Finance are competitive, with rates starting at 15% per annum. The company uses a risk-based pricing model, which means that interest rates may vary depending on the borrower's creditworthiness.

Loans that meet your financial needs

You can borrow money to finance emergencies, pay off debt, cover unexpected expenses, or even fund a vacation. They strive to provide a hassle-free application process and quick approval.

Top benefits of choosing Blink

• Competitive rates: Blink offers competitive interest rates to help you save money on your loan.
• Quick and easy application: The online application process is straightforward and easy to complete.
• Fast processing and funding: Blink aims to process applications quickly and, if approved, deposit funds into your account as soon as possible.
• Flexible loan amounts: Depending on your needs and eligibility, Blink offers short-term loans ranging from R500 to R8,000.
• Convenient repayment options: You can choose to repay your loan over a period of 65 days, with automatic debit order payments to make it easy to stay on top of your payments.

Short-term loan for bad credit

While Blink Finance considers each loan application on a case-by-case basis, having a poor credit score may make it more difficult to qualify for a loan from the company.

They use a risk-based pricing model, which means that interest rates may vary depending on the borrower's creditworthiness.

Borrowers with a lower credit score and higher risk of default may be offered higher interest rates or may be declined for a loan altogether.

However, it's still possible to apply for a loan with Blink Finance even if you have bad credit. In this case, consider applying for a smaller loan amount or opting for a shorter loan term, which may increase your chances of approval.