Crezu

Crezu is a free online loan comparison platform that connects South African borrowers with a network of trusted NCR-licensed banks and credit providers. Rather than applying to individual lenders, you submit a single application on Crezu and receive a personalised loan offer within 2 minutes — without any impact on your credit score. The service covers personal loans, vehicle finance, and debt consolidation, with loan amounts from R500 to R350,000.

How Crezu Works

Crezu is not a lender — it is a comparison and matching service. When you apply, Crezu analyses your profile and matches you with lenders from its network who are most likely to approve you. The platform claims a 95% approval rate, achieved partly by only presenting you with offers from lenders whose criteria you meet. Crezu earns a referral fee from lenders — borrowers pay nothing to use the service.

Loan Products Available

• Personal loans: R500 to R350,000
• Vehicle finance: Available through partner lenders
• Debt consolidation loans: Available through partner lenders
• Repayment terms: 6 to 72 months (180 to 2,160 days)
• Interest rates: 12% to 36% per annum (set by individual matched lenders)

Interest Rates and Fees

Crezu itself charges no fees to borrowers. Interest rates are set by the individual lender that approves your application, ranging from 12% to 36% per annum depending on the lender and your credit profile. All lenders in the Crezu network are NCR-licensed and subject to National Credit Act fee caps.

Application Process

1. Visit the Crezu website and complete a short online application
2. Provide your personal details, income information, and loan requirements
3. Crezu matches your profile with suitable lenders — no credit score impact
4. Receive a personalised offer within approximately 2 minutes
5. Accept the offer and complete the application directly with the matched lender
6. Funds typically disbursed within 24–48 hours (varies by lender)

Eligibility Requirements

• Minimum age: 18 years
• South African citizen or permanent resident
• Regular income (employed, self-employed, or other verifiable income)
• Active South African bank account
• Valid SA ID document

Who Is Crezu Best For?

Crezu is ideal for borrowers who want to explore multiple loan options without the hassle of multiple applications. The wide loan range (up to R350,000) covers both small emergency loans and larger personal finance needs. The debt consolidation matching makes it a useful starting point for those looking to simplify multiple debt repayments into a single loan.

Pros

• Completely free for borrowers — no hidden fees
• 95% approval rate
• No credit score impact during the matching process
• Wide loan range — R500 to R350,000
• Covers personal loans, vehicle finance, and debt consolidation
• Long repayment terms available — up to 72 months
• Access to multiple NCR-licensed lenders

Cons

• Not a direct lender — final terms set by the matched lender
• Payout time depends on the individual lender (not guaranteed same-day)
• Interest rate range is wide — actual rate depends on your credit profile

Regulatory Information

All lenders in the Crezu network are registered with the National Credit Regulator (NCR) of South Africa and operate under the National Credit Act 34 of 2005. Crezu itself operates as a comparison and referral service.