FinChoice 1.7

Access and manage your FinChoice Account easily with the secure FinChoice App. Enjoy the convenience of performing various transactions and account management tasks, including:

• Open an account
• View your balance
• Update your financial details
• Upload your proof of income
• Buy electricity, airtime, and data
• View your statement
• Request a settlement quote
• Request a paid-up letter
• Download your contract document
• Change and update your password
• Make a payment arrangement
• Apply for payment assistance

Additionally, you can easily access insurance services such as getting a free estimate, acquiring a funeral plan, and managing it 24/7. Moreover, MobiMoney offers a hassle-free activation process and flexible repayment options. When it comes to personal loans, the minimum repayment period is 6 months, with a maximum of 36 months and an annual percentage rate (APR) capped at 51%.

Example of charges:

• Total cost of a 24-month Loan for R18 000:
• R18 000 (Loan amount)
• Plus R1050 (Initiation fee)
• Plus R68 (Service fee)
• Plus 2.3% (Interest rate)
• Plus 5.5% per R1000 (Personal Protection Insurance)
• Totaling R28 986.68 (Total cost of the Loan)
• This amounts to a monthly installment of R1207.78 over 24 months