FINANCE

A seamless one stop, stress-free application, adding value to your purchase experience while we take care of their finance needs.

FEATURES AND BENEFITS

  • Loans available from R2000 to R260 000
  • Flexible repayment periods from 1 up to 60 months
  • Monthly repayments debited from your bank account
  • The best possible interest rate that we can offer you

HOW IT WORKS

7 Easy Steps

Selecting products or services of interest apply, for your finance.

Your application will be processed by a registered credit provider.

You will be notified regarding your application status via an SMS.

The payment is allocated and processed by an approved payment bureau.

JRK Wendys is notified regarding the status and generate an invoice the financial institute .

Financial institute settles the JRK Wendys account on your behalf guaranteeing

JRK Wendys deliver your order and you enjoy your purchase

HOW TO APPLY

  • You must be 18 years or older
  • You must be employed under a permanent or fixed-term contract
  • You must earn at least R4 500 per month, paid electronically into your bank account
  • You must have good credit record history (i.e. no debt review, bad debt etc.)
  • You must be a South African citizen

WHAT YOU NEED TO APPLY

  • Your valid barcoded South African identity document or smart card ID (Certified Copy)
  • Your proof of residence (not older than three months), such as a utility bill or any statement of account that has your name and physical address on it
  • Your stamped bank statements for the last 3 months (reflecting your salary)
  • Your most recent payslip(s) for three month or your letter of employment if you are a contract worker (Date, income and name of applicant must be visible)

FREQUENTLY ASKED QUESTIONS

Here are a few frequently asked questions. You are welcome to contact us via e-mail, phone or WhatsApp on 076 571 6977 or sales@jrk.co.za and one of our consultants will answer your questions.

To apply for a loan you can do any one of the following:

  • JRK Wendys can capture your application directly online. Contact us on 076 571 6977. 
  • Send an email to sales@jrk.co.za requesting an application form to complete at your own time

If you just need a tentative answer, you don’t need to submit any documentation with your application. After we processed your initial credit data to a financial provider you will receive an SMS stating the outcome of your credit approval. The credit approval is based on the financial service provider’s credit policy and NCA affordability requirements.

Once you have the answer, you need to submit the following documents:

  1. Ceritified colour copy of your green bar-coded South African ID book/Smart ID Card back and front
  2. Proof of residence not older than 3 months
  3. 3 months bank statements up-to-dateNo internet bank statements permitted and all bank statements must have a bank stamp
  4. Latest 3 months pay slips

You will also receive an email that indicates all relevant methods of providing the supported documentation.

For the initial credit approval feedback you will receive a notification within 3 business hours. The duration of the final approval is subject to you providing us with all the correct supported documentation. After receiving all the requested supported documents, it takes approximately 48 business hours. The process is also subject to the total loan amount that you are financing, lower product value items could be completed the same day, subject to the financial provider facilitating the loan.

Your payment terms and interest rate payable is subject to your credit profile and the offer from the financial provider to you. We do not determine the term or interest rate that is offered to you by the financial provider. The outcome is also not affected by applying through JRK Wendys.

Charges such as service and initiation fees are levied by finance providers. The terms and conditions is subject to a credit application and full credit assessment in terms of the National Credit Act (http://www.ncr.org.za/).

From R2000.00 up to R230 000.00

The financial provider will notify JRK Wendys of the approval and the credit granted towards your purchase and will instruct the JRK Wendys to issue an invoice. The financial provider will then pay JRK Wendys directly.

Your purchase / order will be processed by JRK Wendys as soon as the payment process is completed  and the funds reflect in JRK Wendys’ bank account. JRK Wendys will the be in contact with you to setup delivery arrangements which will suite you best.

Loan repayments will be according to the arrangements between the finance provider and yourself and will run over the period as agreed. Your monthly installments will be deducted from your bank account, depending on the agreement with the finance provider