Fees and Commissions

Our loan matching service, Malimo.co.za does not set any fees for using money. The service operates with full integrity. We do not take any interest or fees. Our service is free of charge to use.

Your lender outlines the fees for late payments in your contract. Lenders in South Africa set their own interest rates and penalties for failure to pay.

It is important to note that all financial relationships are between you and your financial institution, not Malimo.co.za. We are not a lender and never act as such. As a service, we only match borrowers and financial institutions by offering a selection of companies that provide cash loans up to R350000 for a period of 120 days.

The lender will determine its own policies regarding loan provision and payment. The borrower agrees to the terms online directly on the lender’s website. You, as the borrower, may choose to accept or decline the terms offered in the loan terms. Your agreement details the loan amount, repayment period, daily interest rate, fees, and penalties.

Malimo.co.za cannot access your loan agreements. If you have questions regarding your loan agreement or repayment, contact your financial institution directly through the means of communications detailed on their website.