| Feature | CrediWise | Wonga SA | Lime24 | Boodle | FinChoice | Capfin |
|---|---|---|---|---|---|---|
| Min amount | R500 | R500 | R300 | R100 | R8 000 | R1 000 |
| Max amount | R8 000 | R8 000 | R8 000 | R8 000 | R250 000 | R50 000 |
| Term | 14–180 d | up to 6 mo | up to 6 mo | up to 6 mo | up to 36 mo | 6–12 mo |
| Rate range | 5%–60% | NCA cap | NCA cap | NCA cap | NCA cap | NCA cap |
| Decision speed | 15 min | minutes | minutes | minutes | hours | hours |
| NCR registered | Yes | Yes | Yes | Yes | Yes | Yes |
CrediWise vs Wonga SA
Both cap at R8 000 and operate online. Wonga has stronger brand recall in SA; CrediWise publishes its rate range explicitly (5%–60%), which Wonga does not always do on the front page.
CrediWise vs Lime24
Lime24 has a wider entry-amount window (from R300) and well-known repeat-borrower upgrades. CrediWise compensates with explicit instalment-term flexibility (up to 180 days).
CrediWise vs FinChoice
FinChoice serves a different segment — installment loans up to R250 000 over up to 36 months. Use FinChoice for medium-term needs; CrediWise for amounts up to R8 000.
Verdict
Choose CrediWise if you want a single application that covers both short-term and small instalment scenarios within an R8 000 ceiling.