Kredio: loan details and how to apply
Kredio is an online lender for South Africa operated by Kredio (Pty) Ltd (company registration 2026/566710/07), which states that it is a credit provider registered with the National Credit Regulator under NCRCP 24149. It lends its own money: you apply on the website, sign the agreement online and receive the funds in your bank account. There are no branch visits.
Updated 27 October 2026 · Checked by the Zaim.com editorial team
What Kredio is
Loan conditions at a glance
| Item | Details |
|---|---|
| Loan amount | R500 to R8,000 |
| Repayment term | Set individually and shown in your quotation (the advertiser lists 7 to 61 days) |
| Interest and fees | Shown in the pre-agreement quotation before you sign; no rate is published on the site |
| Application time | About 10 minutes |
| Decision | Within 15 minutes, 24/7 |
| Payout | Within 15 minutes after you sign the agreement |
| Repayment | DebiCheck debit order or manual payment |
Who can apply
- You are 18 or older.
- You have a valid South African ID.
- You have proof of steady income and a bank statement not older than 3 months.
- You have a bank account to receive the money and an active South African phone number.
The site says a lower credit score does not automatically disqualify you, because each application goes through an automated credit and affordability assessment.
How to apply
- Choose the amount on the slider on the home page.
- Create your account with your phone number, verified by SMS, and fill in your personal, employment and income details.
- Upload your bank statement. According to the site it is normally uploaded automatically; in some cases you add the document manually.
- Receive the decision, review the quotation and sign the agreement online.
- The money is paid into your bank account.
What a loan can cost
Kredio does not publish an interest rate or example calculation on its site. It says all costs, including interest and fees, appear in your pre-agreement statement and quotation before you commit. A repayment calculator on the site gives estimates only and does not guarantee approval or specific terms. You may settle early and pay less interest by requesting your settlement amount in your account or via chat at least 3 working days before the due date.
Advantages and drawbacks
- Fully online with a quick decision and payout.
- Costs are shown before you sign.
- Early settlement is allowed.
- Repayment by DebiCheck, which you approve through your bank.
- No rate or fee schedule is published, so you only see the cost once you apply.
- Amounts are small and terms are short, so repayments can be large relative to the loan.
- Late payment may add fees and interest and may affect your credit record.
Before you accept an offer
Read the pre-agreement statement and quotation carefully. Under the National Credit Act the cost of a loan is made up of interest, an initiation fee and a monthly service fee, and a registered lender must assess whether you can afford the repayments. Borrow only what your budget can carry, and if you already struggle with repayments, consider speaking to a registered debt counsellor first.
Frequently asked questions
Is Kredio a registered credit provider?
Yes. Kredio (Pty) Ltd states on its website that it is registered with the National Credit Regulator as a credit provider under NCRCP 24149. You can verify this on the NCR website.
How much can I borrow from Kredio?
From R500 to R8,000. The amount and repayment term are set individually and shown in your pre-agreement quotation before you sign.
How fast will I get a decision and the money?
The site says you receive a decision within 15 minutes, 24/7, and the money reaches your bank account within 15 minutes after you sign the agreement.
What do I need to apply?
A valid South African ID, a bank statement not older than 3 months, proof of steady income, an active South African phone number and a bank account for the payout. You must be 18 or older.
Can I get a loan with bad credit?
Each application is assessed individually. According to the site, a lower credit score does not automatically disqualify you.
Can I repay early?
Yes. You can settle the loan early and pay less interest. Request the settlement amount in your account or via chat at least 3 working days before your due date.
| Official website | https://kredio.co.za |
| Legal name | Kredio (Pty) Ltd |
| Registered address | 82 Tulip Gardens, 17 Langeveld Road, Vorna Valley, Midrand, Gauteng, 1686 |
| Credit provider registration | NCRCP 24149 |
| Phone numbers | 021 300 0281 |
| contact@kredio.co.za |