Hopon Loans Review
Quick overview
- Amount: R5.000 - R50.000
- Term: 7 - 36 months
- Age: 7 - 36 months
Hopon Loans table of repayments
| Amount | Fee | Total payment | Term |
| R5.000 | R2.047.93 | R7.047.93 | 7 months |
| R10.000 | R3.505.95 | R13.505.95 | 7 months |
| R20.000 | R12.119.93 | R32.119.93 | 20 months |
A representative example
The Annual Percentage Rate (APR) ranges from 63% to 112%. A representative example of this is: on a loan of R15 000 over 15 months at a maximum interest rate of 28%, maximum fees of R68.40pm, credit life fees, maximum initiation fee of R1 197 inclusive of VAT comes to a total cost of R22 717 which equals an APR of 68%.
Hopon Loans experience and discussion
Hopon Loans experiences
Tell us your experience with Hopon Loans at info@coolfinance.co.za and we will publish it anonymously into our discussion.
Is Hopon Loans a scam?
No. The product is absolutely fine and no need to worry about anything hidden. The company Izwe Loans (Pty) Ltd really provides these loans.
Lincoln Ndirangu(LinkedIn)Lincoln Ndirangu is a professional freelance web copywriter based in Nairobi, Kenya. For over 7 years, writing for the web and engaging the online audience has been primary focus and passion.More information...