Apply now
Apply now
LoansLoansNo credit checkFirst loan freeQuick loansPayday loansMicroloans
CreditsCreditsPersonal loansWithout collateralLow interestDebt consolidationQuick approval
Credit CardsCredit CardsNo annual feeWith cashbackWith rewardsFor studentsTravel benefitsLow interestVirtual card
Currency ratesCurrency ratesUSDEURGBP
Debit CardsDebit CardsDebit Cards South Africa — CompareCheapest Bank Accounts in South AfricaFree Debit Cards South AfricaKids Debit Cards South AfricaCashback Debit Cards South AfricaVirtual Debit Cards South AfricaInterest-bearing Debit Cards South AfricaOnline Debit Card Application South Africa
MortgageMortgageHome Loans (Bonds) South Africa — Compare Mortgage RatesFirst-Time Home Buyer Loans South AfricaFixed Rate Home Loans South AfricaHome Loan Refinance South AfricaFLISP-assisted Home Loans South Africa100% Home Loans South AfricaFamily Home Loans South AfricaBuilding Loans South Africa
DepositsDepositsTax-Free Savings Accounts South AfricaFixed Deposits South Africa — Earn Up to 10.25% p.a. on Your SavingsBest Fixed Deposit Rates South AfricaSavings Accounts South AfricaMonthly Interest Fixed Deposits South AfricaForeign Currency Deposits South AfricaEuro Deposits South AfricaUS Dollar Deposits South Africa
BusinessBusinessBusiness Loans South AfricaSME Funding Options in South AfricaBusiness Bank Accounts South AfricaOnline Business Loans South AfricaBusiness Overdraft South Africa

Letocredit

4.6 (312 reviews)

Letocredit is a free loan-matching service run by Livornica AM LLC (Armenia). It shows offers of R500–R15 000 over 61–365 days from NCR-registered lenders; it does not lend.

Get Money Now

CreditDeals may earn a referral fee when you use partner links on this page. Tracked links are marked sponsored; promoted partners show a «Recommended» label in catalog listings. The rating on this page is an editorial score, not payment for placement.

Letocredit at a glance

In short: Letocredit (letocredit.co.za) is not a lender. It is a free online service that shows South African loan offers and sends you on to lenders, run by Livornica AM LLC, a company registered in the Republic of Armenia. Its site shows amounts of R500 to R15 000, repayment periods of 61 to 365 days and annual costs of 0% to 36% — but the actual loan, rate and fees come from whichever NCR-registered lender you choose, and only that lender's quotation is binding. Facts from letocredit.co.za, checked 26 October 2026.

Key facts

Letocredit
What it isLoan information and matching service — does not grant loans
OperatorLivornica AM LLC, Republic of Armenia
NCR registrationNone — not required, because it does not lend
Amounts shownR500 – R15 000
Periods shown61 – 365 days
Annual cost shown0% – 36% (labelled "CAT" on the site)
Cost to youFree; no card details or SMS codes
Who lendsThe partner lender you choose, which must be NCR-registered

Who runs Letocredit

The footer of letocredit.co.za names Livornica AM LLC, Republic of Armenia, and "Powered by LIVORNICA.COM". Livornica runs similar loan-information sites in several countries — Finpug in South Africa is another of them, with a wider amount range. The only published contact is a partnership address (affiliate@livornica.com) and a contact form; there is no South African office or support line.

Is Letocredit safe to use?

The service itself is free and does not take money from you. What matters is the lender you end up with:

  1. Check that the lender is registered on the NCR's credit provider register at ncr.org.za.
  2. Read the lender's pre-agreement quotation — that is where the real rate, fees and total appear.
  3. Never pay anyone an upfront fee to "release" a loan. Registered lenders do not charge one.

Because Letocredit passes your details to lenders, you may be contacted by more than one of them. letocredit.co.za offers a data-deletion form if you want your information removed.

Get Money Now

Letocredit review: a free way to see loan offers

4.60 reviews
Rating distribution
5 ★
0
4 ★
0
3 ★
0
2 ★
0
1 ★
0

Verdict: Letocredit is useful as a first step when you do not know which lender will accept you: one free form returns several offers. Treat the figures on its site as a range, not a quote — the decision, the rate and the fees all belong to the lender you pick, so compare their quotations before signing anything.

What we like

  • Free, with no card details or SMS codes
  • One form, several lender offers
  • Wide range shown: R500 to R15 000, up to a year to repay
  • No obligation until you accept a lender's quotation

What to watch out for

  • Not a lender — rates, fees and approval depend entirely on the partner lender
  • Operated from Armenia with no South African support line
  • The R1 000 for R0 example on the site is promotional, not a typical cost
  • Your details are shared with lenders, which may contact you

Who it suits

  • First-time borrowers who want to see which lenders will make them an offer.
  • People who would rather fill in one form than apply to several lenders separately.

Who should go direct to a lender

  • If you already know the lender you want, applying directly is faster and shares your details with fewer companies.
  • If you need more than R15 000, Finpug (same operator) and Arcadia Finance show larger loans.
Get Money Now

What loans Letocredit shows and who can apply

What the site shows

Range on letocredit.co.za
AmountR500 – R15 000
Repayment period61 – 365 days
Annual cost0% – 36%
Cost of the serviceFree
Letocredit's own disclaimer explains that "interest rates depend on the lender you choose" and are set from your circumstances and credit history. Its worked example — R1 000 over 67 days for R0 — describes a promotional first loan from some lenders, not what most borrowers pay. In practice, short-term loans in South Africa carry initiation and service fees on top of interest; see the cost examples on the LendPlus or Jabulani Money pages for typical figures.

Who can apply

Each partner lender sets its own criteria, but you will generally need to be:

  • 18 or older with a South African ID;
  • earning a regular income;
  • holding a bank account in your own name;
  • not under debt review.

Your protection

Letocredit is not covered by the National Credit Act as a lender because it does not lend. Your credit agreement is with the lender, which must give you a pre-agreement quotation, apply an affordability check and keep to the Act's caps on interest and fees.

Get Money Now

How Letocredit works

  1. Choose the amount on letocredit.co.za.
  2. Fill in one form with your personal, income and contact details. The service is free and does not ask for card details or SMS codes.
  3. Review the offers from lenders that match your profile.
  4. Continue with the lender you choose. You complete its application, it runs the credit and affordability checks and sends you a pre-agreement quotation.
  5. Sign only if the quotation suits you. Nothing before this step obliges you to borrow.

Tips

  • Compare at least two quotations on the total amount to repay, not just the monthly figure.
  • Look up each lender on the NCR register before you sign.
  • If someone asks for a fee before paying out a loan, stop — it is a scam.
Get Money Now

How you receive a loan found through Letocredit

Letocredit never pays out money. Once you sign with a lender, that lender pays the loan into your bank account — timing depends on the lender and your bank, from minutes on business days to the next working day. Questions about a payout go to the lender, not to Letocredit.

Get Money Now

Repaying a loan found through Letocredit

You repay the lender, not Letocredit, using the method in your credit agreement — usually a DebiCheck debit order on payday. Early settlement, payment arrangements and late fees are all handled by the lender and must follow the National Credit Act.

If you are struggling with repayments, contact the lender before the due date; for several debts, a registered debt counsellor (ncr.org.za) can help.

Get Money Now

Letocredit — Comparison with Similar Options

Letocredit against other free loan-matching services in South Africa, October 2026.

LetocreditFinpugMoneyHelloArcadia Finance
OperatorLivornica AM LLC (Armenia)Livornica AM LLC (Armenia)SIA Finleadglobal (Latvia)Draivi Media Oy (Finland)
Amounts shownR500 – R15 000R500 – R50 000R500 – R250 000R500 – R350 000
Periods shown61 – 365 days61 – 365 days3 – 72 months6 – 72 months
Cost to youFreeFreeFreeFree
Lends itselfNoNoNoNo

Letocredit or a direct lender?

For a small, quick loan where you already know the lender, apply directly — PrimeLoans and LendPlus publish their prices. Letocredit helps when you want to see several offers at once.

Get Money Now

Letocredit — Frequently Asked Questions

No. Letocredit is a free information service run by Livornica AM LLC (Republic of Armenia). It shows loan offers and sends you to NCR-registered lenders, which make the credit decision.

No, and it does not need to be because it does not lend. The lender you sign with must be NCR-registered — check it on ncr.org.za.

No. The service is free and does not ask for card details or SMS codes. Lenders charge interest and fees on the loan itself.

The site shows R500 to R15 000 over 61 to 365 days. The amount you get is decided by the lender.

It is a promotional example for some first loans. Most short-term loans carry interest, an initiation fee and a monthly service fee; check the lender's quotation.

The lender you signed with, using the method in your agreement — not Letocredit.

Use the data-deletion form on letocredit.co.za.

Sultan Kanatov, Editor-in-Chief, CreditDeals
Author
Sultan Kanatov
Editor-in-Chief, CreditDeals
LinkedInTelegram
Verified by: CreditDeals Editorial Team
Published: 19 May 2026
Updated: 26 October 2026

This article is for informational purposes only and does not constitute financial advice. Check the status of the specific company in the NCR register. Please read the contract carefully before signing. rating methodology.

Leave a Review

Letocredit — Get Money Now

Letocredit is a free loan-matching service run by Livornica AM LLC (Armenia). It shows offers of R500–R15 000 over 61–365 days from NCR-registered lenders; it does not lend.

Apply Now

CreditDeals may earn a referral fee when you use partner links on this page. Tracked links are marked sponsored; promoted partners show a «Recommended» label in catalog listings. The rating on this page is an editorial score, not payment for placement.