Arcadia Finance app
The Arcadia Finance website does not mention a mobile app on Google Play or the App Store, so no official app can be confirmed. The service works in an ordinary mobile browser: open the website, use the "See my offers" form and compare the offers on your phone.
Be careful with apps that use a similar name and claim to be connected to the service. If you take a loan, the lender may offer its own app or online portal, and you should download it only from the link the lender provides.
Frequently asked questions
Is Arcadia Finance a lender?
No. Arcadia Finance describes itself as an online loan comparison tool and not a credit provider. It passes your application to partner lenders through loan broker partners, and the loan agreement is made with the lender you choose.
Does it cost anything to use Arcadia Finance?
The comparison is free for consumers. The lenders may charge their own initiation and monthly service fees, which are shown in their offers.
What are the basic requirements?
According to the site, you must be over 18, employed for more than 6 months in your current job, and the loan should not exceed 8 times your monthly income. Each lender makes the final decision.
How much can I borrow and for how long?
Offers range from R100 up to R250,000, with repayment periods of 3 to 72 months. The exact amount and term depend on your needs and the lender's assessment.
Will checking offers affect my credit score?
The site says checking offers does not affect your credit score, while its FAQ describes the impact as minimal to none. Lenders may run their own credit checks later in the process.
How quickly do I see offers?
The site says offers arrive immediately after you submit the online application, which is available 24/7. Payout time depends on the lender.
