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CrediWise

4.0 (140 reviews)

CrediWise is a South African online lender registered with the NCR as NCRCP22496. Read its history, regulatory status and how to verify the licence on Creditdeals.io.

How to Repay a CrediWise Loan: All Methods

Repayment Methods

Day 1: penalty interest accrues; SMS.

Day 1: penalty interest accrues; SMS.

Day 3–7: DebiCheck retries.

Day 3–7: DebiCheck retries.

Day 30+: credit-bureau listing.

Day 30+: credit-bureau listing.

Day 60+: collections.

Day 60+: collections.

Day 90+: potential legal action.

Day 90+: potential legal action.

Match DebiCheck date with payday.

Match DebiCheck date with payday.

Pay early

Pay early — interest accrues daily.

If hardship, call support before due date.

If hardship, call support before due date.

Keep proof of every payment for 3 years.

Keep proof of every payment for 3 years.

Early Repayment

Use CrediWise's bank details from your personal cabinet plus your loan reference. Useful for early settlement or supplementary payments.

Loan Extension

### Extension / postponement

Penalties

NCA Section 125 allows early settlement at any time without penalty. Amount = capital outstanding + interest to date + unpaid fees + insurance pro-rated.

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CrediWise is a South African online lender registered with the NCR as NCRCP22496. Read its history, regulatory status and how to verify the licence on Creditdeals.io.