Rating based on 21 reviews

Challenor Finance

  • Student loans up to R80,000
  • Fast student loans
  • Repayment up to 24 months

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Challenor Finance homepage
Author Challenor Finance. Screenshot of Challenor Finance website.
[Accessed January 31, 2023]

About Challenor Finance

If you just finished school and you need a student loan, Challenor Finance would be delighted to help you.

Most high school graduates have all the passion but no funds to help them study. Tertiary education is a large expense, but do not be discouraged by this. Challenor finance can help you with student finance that will suit your pocket.

A well-known and trusted lender

They have been a trusted lender for over 25 years, so you can be assured to receive excellent service and a fair student loan. Their branches are located in the Free State, Limpopo, Mpumalanga, Gauteng, Northern Cape, Western Cape, and Eastern Cape.

Challenor’s mission is to provide customer satisfaction, which is the foundation for achieving success and making dreams come true in a responsible way. They are committed to offering you a financial solution that is tailored to suit your needs.

Make sure you achieve your goals

Their central focus is to deliver valuable knowledge and protect your financial interests. This means a unique combination of maximum convenience, highly competitive interest rates, and affordable repayment arrangements.

Challenor Finance believes in your potential for success, and they have all the tools to help you achieve higher education and commit to supporting you on the journey.

Challenor Finance Services

A student loan can be the start of a great chapter in your life.

With Challenor Finance you can apply for a loan of up to R80,000 with repayment terms of 24 months.

Challenor Finance will help you budget

There is interest to be repaid on a student loan, so you will still need to budget. Challenor finance will assist you with setting up a budget as well as what to include in your budget.

List all your financial commitments relating to studies, and an estimate of what each will cost per month. This exercise is also motivational as you can see how you are keeping up with payments and it will help in avoiding debt.

Caring for your financial well-being

Finding part-time employment is essential if you do not have someone like a family member helping to pay off the interest. Having an income while you study can assist with living costs and extra classes

Student loan solutions

You can apply for a student loan yourself, despite a poor credit rating or perhaps not having a credit history at all. Challenor Finance caters to applicants with bad credit, so your credit score does not have to mean the road for you.

The long-term benefits of quality education and a professional qualification surely outweighs any obstacles.

Challenor Finance – Student loan

  • Loan Type Student loans
  • Loan Amount up to R80,000
  • Repayment 3 months to 24 months
  • Decision 24 hours

Benefits of Challenor Finance

  • Get a loan in 3 easy steps
  • Apply within minutes
  • Personal loans up to R80,000
  • Quick and easy loan applications

Student loan calculator

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

Reliable and fast student loans

The automated way of communicating makes applications quick, hassle-free, and much more convenient.

Life of a student can get busy and it has its challenges when it comes to balancing studies and earning a living.

Challenor Finance is also ideal for quick and easy interaction, online responses, and almost immediate provision of approved funds. By applying with the push of a button you can have your answer within 24 hours as well as a direct pay-out.

Be in control of your expenses

If you have secured your first job and you are receiving your own Income you will need some necessities to complete your life. This will include a car, home clothing etc.

Keeping track of your expenses can sometimes get difficult but there are some guidelines that you can follow. You can be an expert at managing your finances If you use these financial tips to improve and plan your expenses

The following tips will help you to make informed financial choices:

  • Have self-control when it comes to spending.
  • Understand what income TAX is all about.
  • Start saving for your retirement early.
  • Have an emergency fund in place.

Follow these 3 easy steps to get a loan 

  1. Go on to their website and fill out an online loan application form or give them a call.
  2. Supply them with all your information and contact details.
  3. Your loan will be deposited into your bank account within 24 hours.

Connect with them today for a reasonable study loan. Challenor enjoys finding new ways to empower young people.

Benefits when you partner up with Challenor Finance

  • Apply within minutes.
  • Student loans up to R80,000.
  • Competitive rates.
  • Quick payments within 24 hours.
  • Excellent service.

Customer Reviews & Testimonials

September 2020

I would never have dreamt that I could afford to go to university. Challenor approved my application with ease.

Bongani M
— Durban —

July 2020

Challenor managed to make my first loan experience an extremely positive one. I am so happy that I chose them.

Thembisa B
— Limpopo —

May 2021

With the help and financial assistance of Challenor, I was able to become a graduate. Thank you so much for always assisting me in times of need.

Mahala E
— Pretoria —

July 2021

I would never have dreamt that I could afford to go to university. Challenor approved my application with ease.

Massa B
— Nelspruit —

August 2021

Challenor managed to make my first loan experience an extremely positive one. I am so happy that I chose them.

Viljoen A
— Hermanus —

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