What interest does WARRA Finance Pty Ltd charge?

WARRA Finance’s interest rates are in line with the NCR. The loan monthly re-payments will take into account the related service fee and
credit protection insurance.

What are the company’s loan qualifying criterion?

You must be 18-years or older South African citizen permanently employed for a minimum of 3 months earning a minimum of R4000 pm & be able to provide account details.

What are the required documents to apply?

A valid South African identity Document (ID) or certified copy, Latest proof of income (Payslip), Bank account details (your salary must be paid into that account).

How soon will the money be available in my personal account after the approval?

Your money will be available in your account within 24 hours of approval for new clients and within an hour of existing clients.

How do I check my loan balance and the expected payment at the end of the month?

You can log into your profile for more details or alternatively contact our accounts department through accounts@warrafinance.co.za

Is there a possibility to request additional funds after the initial loan amount?

Yes, you can request additional funds through your login details based on your affordability limited to the remaining funds available under your profile.

Does the company allow for early loan
repayments?

Yes, you can save interest by repaying your short-term loan early allowing you flexibility on your instalments in order to finish the loan early.

Can I apply for a loan if I’m on a contract or self-employed?

No, you have to be permanently employed for a minimum of 3 months to qualify to take out a low interests rate
loan with us.

Can I apply if I’m under debt review or blacklisted?

Yes, you can apply and WARRA Finance will perform the necessary credit checks and calculate your affordability based on your earnings.