🇿🇦 RCS Loan Review [2023] : How It Works, Application, Payment, Contacts

RCS is a loan service provided by RCS Group under credit license NCRCP 38/FSP 44481 that is available to South Africa residents.

RCS LOAN REQUIREMENTS/ELIGIBILITY

To be able to apply for a loan, one must be an 18+ year old South African citizen who is employed and earning not less than R2,000 monthly channeled through a bank account.

RCS LOAN REGISTRATION AND APPLICATION

1. Go to the RCS website
2. Under the loan menu, click on ‘Apply Now’
3. Submit the required details such as first name, surname, ID number, email address, cell number and gross monthly salary.
4. Read, understand and accept the terms and conditions by ticking the box
5. Click ‘Next’ to proceed
6. Upon qualification for a loan, RCS will call inorder to complete the application before loan is processed and disbursed to the bank account.

RCS LOAN AMOUNT LIMITS

RCS loan amounts range from a minimum of R2,000 to a maximum of R150,000

RCS LOAN INTEREST RATES

Loans attract interest rates from as low as 15%

RCS LOAN REPAYMENT DURATION

Loans have a flexible repayment duration of between 12-60 months whereby repayment is done via automatic debit from one’s bank account on the date selected during the application process.

However, if one is unable to make repayment at the due date, contact the RCS team using the contact details below for assistance in the payment plan.

RCS CONTACTS

Physical Address (Head Office):

Golf Park 6
Raapenberg Road
Mowbray, 7700, South Africa

Physical Address (Goodwood):

Liberty Grande Building,
Voortrekker Rd & Jakes Gerwel Dr,
Cape Town, 7460, South Africa

Tel: 0861-729727 or 0861-SAY-RCS