Open my info

my finds

remove bookmarks
    You don't have any bookmarks saved. Click the star icon on a panel to add it to your bookmarks. Your bookmark has been saved. Bookmark removed.

    bank better, live better

    about rescheduling and consolidation

    If you're struggling to repay your loan or have too many, rescheduling or consolidation could help you take control of your finances again.

    mainImage

    If the number of loans you have is becoming difficult to manage, or you're in danger of not being able to make all your loan repayments, you can reschedule your loan or consolidate your loans if you have more than one.

    What is the difference?

    Rescheduling

    Rescheduling means extending your loan payment period, increasing the number of monthly repayments and in this way  decreasing your monthly repayment amount. Visit your nearest Capitec Bank branch and ask us about rescheduling your loan and whether you qualify.

    This is a free service.

    Remember: Even though you'll end up paying less per month and have more money to spend, you'll be paying more for the total loan amount because you will be paying more interest.

    Consolidating

    If you qualify, you can consolidate all your loans into one by taking credit of up to R250 000 over 84 months. You'll reduce the number of debit orders and/or manual payments you need to make, as well as your total monthly repayment, helping you stay in control of your money.

    Tip: Before you consolidate, don’t just think about how much and for how long you’ll be paying. Look at all the costs involved when you take credit.

    Was this article helpful?

    Capitec Bank Credit Card Nets You Up R150000 In Credit

    live better with our credit card

    Your Capitec credit card gives you access to international travel insurance to cover any unexpected medical expenses while you’re travelling abroad. You may also opt in for comprehensive top-up cover at your own cost if additional cover is required.

    Read now
    #RethinkBlackFriday

    #rethinkcredit this black friday

    Exited about Black Friday? Deciding if your purchase would benefit you in the long run should be the first question you ask yourself before you buy.

    Read now
    Getting Credit For The Right Reasons

    getting credit for the right reasons

    Capetonian Mannee Govender used credit from Capitec to save on his water bill and expand his ready-meal business.

    Read now
    Credit Cards Or Retail Accounts, Which Is Better?

    credit cards or retail accounts, which is better?

    Credit cards and retail accounts make it possible for us to shop with ease and pay in instalments. But which is better?

    Read now