These Terms and Conditions (“Terms”) govern the use of loan services provided by Ntntusi Holdings (Pty)
Ltd (“the Company”, “we”, “us”, “our”). By applying for or accepting a loan from us, the customer
(“you”, “your”) agrees to these Terms.
1. Eligibility
To qualify for a loan, you must:
Be 18 years or older.
Be a South African citizen or permanent resident.
Have a valid South African ID.
Be permanently employed or receive a stable monthly income.
Provide accurate and truthful personal, contact, and employment information.
2. Loan Amounts & Duration
Loan amounts range from R500,00 to R8000.00.
Repayment terms typically range from 1–6 months depending on loan type.
Loan approval is subject to affordability checks and credit assessment.
3. Interest, Fees & Charges
Interest is charged in accordance with the National Credit Act (NCA) and all applicable regulations.
Additional fees may include:
Initiation fee
Service fee
Interest fee
Default fees (if applicable)
A full breakdown of all costs will be provided in the loan agreement before disbursement.
4. Loan Approval & Disbursement
Approval is not guaranteed and is based on credit checks, affordability analysis, and verification.
Funds are disbursed to the customer’s bank account once all documents are signed and verified.
Processing times may vary depending on bank clearance.
5. Repayment Terms
Repayments are automatically deducted via debit order on the agreed date.
It is your responsibility to ensure sufficient funds are available.
Early repayment is allowed without penalty.
6. Default & Late Payment
If you fail to pay on the due date:
A late payment penalty may be charged according to the NCA.
Interest may continue to accrue.
We may engage in collection activities, including:
SMS reminders
Phone calls
Letters of demand
Persistent default may result in:
Listing with credit bureaus
Legal action
Recovery of legal costs where applicable
7. Customer Responsibilities
You agree to:
Provide accurate information during the loan application.
Inform us of any changes to employment, income, or contact details.
Repay the loan according to agreed terms.
8. Credit Bureau Reporting
We may check your credit profile with registered credit bureaus.
Late or missed payments may negatively affect your credit record.
Settled loan information may also be shared with credit bureaus.
9. Privacy & Data Protection
Your personal information is collected and processed in accordance with POPIA (Protection of
Personal Information Act).
Information may only be shared with:
Credit bureaus
Regulatory authorities
Service providers involved in processing your loan
We do not sell or share data with unrelated third parties
10. Fraud & Misrepresentation
Providing false information or fraudulent documents:
Will lead to immediate cancellation of your loan.
May result in criminal charges.
May be reported to relevant authorities and credit bureaus.
11. Right to Decline or Withdraw
We reserve the right to:
Decline a loan application.
Cancel or withdraw credit access if risk or regulatory concerns arise.
12. Amendments to Terms
We may update these Terms when required by law or business needs. Updated Terms will be
communicated via our website or direct notification.
13. Governing Law
These Terms are governed by the laws of the Republic of South Africa, including the National Credit
Act (NCA) and consumer protection laws.
14. Contact Information
Ntntusi Holdings (Pty) Ltd
Email: info@ntntusiholdings.co.za
Phone: +27 78 927 5077
Address: 814 Robin Road, Shelly Beach, KwaZulu-Natal