Century Financial Services is a South African credit provider based in Century City, Cape Town, and its loans run on creditza.co.za. You can borrow from R500 to R8 000 and choose how long you need: a short loan of 5 to 37 days that you settle on payday, or an instalment loan spread over 2 to 6 months.
What sets Century apart is how openly it shows the price. Right under the calculator you see the daily interest rate (0.16% for new clients, 0.1% once you come back), how the initiation fee is worked out and the R69 monthly service fee. You know the shape of the cost before you type in a single detail, and the calculator gives you the repayable amount for your exact loan.
The process is fully online. You create a profile, upload three months of bank statements, sign the agreement and confirm a DebiCheck mandate. Century aims to approve and pay out on the same day, and you can settle early at any time without an early settlement fee.
What does Century (CreditZA) offer?
- Direct lender: you deal with Century from application to payout
- R500 to R8 000, with terms from 5 days up to 6 months
- Daily interest rate published: 0.16% for new clients, 0.1% for returning clients
- Same-day payout is the aim for applications completed before 14:00 on weekdays
- Early settlement at any time, with no fee for settling early
What are Century (CreditZA)’s loan terms?
| Type | Direct lender (lends its own money) |
|---|---|
| Amount | R 500 – R 8 000 The amount you are offered depends on your affordability and your credit bureau profile. |
| Term | 5 days to 6 months The calculator on creditza.co.za offers 5 to 37 days, then 60, 90, 120, 150 or 180 days. Century describes these as short-term loans (up to 37 days) and instalment loans (1 to 6 months). |
| First loan | Charged from the first loan; the total cost is shown in your quote |
| Published cost range | Interest of 0.16% a day for new clients and 0.1% a day for returning clients; initiation fee of 16.5% of the first R1 000 plus 10% of the amount above R1 000 (+VAT), which Century limits to 15% of the loan amount (+VAT); service fee R69 a month. As published on creditza.co.za. |
| Age | 18 or older |
| Cost of the service | Interest, an initiation fee and a R69 monthly service fee, all listed under the calculator on creditza.co.za. No fee for settling early. |
How much does a loan through Century (CreditZA) cost?
To compare it with other options, look at the total cost of credit and the full amount to repay. Before you sign, Century (CreditZA) gives you a pre-agreement quote with the interest rate, every fee and the repayment schedule, as the National Credit Act requires. You can estimate the instalment with our loan calculator.
What do you need to apply with Century (CreditZA)?
- A valid South African ID
- Permanent employment or a regular monthly income
- A minimum net salary of R5 000 a month
- An active South African bank account in your name
- Your cellphone number and email address
- Your latest 3 months of bank statements, showing your last 3 salary deposits
- Age: 18 or older
Credit record and blacklisting: Century looks at your income and expenses, your credit bureau profile and runs fraud checks before it makes an offer. Its website does not set a separate rule for adverse listings: each application is decided on affordability.
How do you apply, step by step?
- Create your profile on creditza.co.za with your full name, ID number, cellphone number and email address
- Choose the amount and the repayment term in the calculator
- Upload your latest 3 months of bank statements and receive an initial loan offer
- Read the quote, sign the agreement and authenticate the DebiCheck mandate
- Century pays the money into your bank account; payout is typically the same business day for applications completed before 14:00, Monday to Friday
Who is Century (CreditZA) a good fit for?
- You earn a regular salary of at least R5 000 net and need a small amount until payday
- You prefer to spread a few thousand rand over 2 to 6 monthly instalments
- You want to see the interest rate and the fee formula before you apply
- You plan to borrow again and want a lower daily rate as a returning client
Before you sign, keep in mind
- Century pays out only after you sign the agreement and confirm the DebiCheck mandate: no mandate, no loan.
- The calculator is a guide; your final offer depends on the affordability assessment and your credit bureau profile.
- A settlement quote is valid for 5 business days from the day it is generated.
- Optional insurance products are described in the website terms; check your quote to see what is included.
Who is behind Century (CreditZA)?
| Company | Century Financial Services (Pty) Ltd |
|---|---|
| Registration | Company reg. no. 2023/140135/07 · NCR registration NCRCP20790, as shown on creditza.co.za |
| Address | 1 Bridgeway Road, Bridgeways Precinct, Century City, Cape Town, 7441 |
| Contact | clientsupport@centuryfinancialservices.net · +27 21 054 1057 |
| Website | creditza.co.za |
FinCredit360 has no ownership link with Century Financial Services (Pty) Ltd. We show these details so you know who you are dealing with; they come from the provider’s own website.
Century (CreditZA): frequently asked questions
Is Century (CreditZA) a direct lender?
Yes. Century Financial Services (Pty) Ltd lends its own money and shows NCR registration number NCRCP20790 on creditza.co.za. You sign your credit agreement with Century.
How much can I borrow from Century?
From R500 to R8 000. Short-term loans run from 5 to 37 days and instalment loans from 1 to 6 months. The amount you are offered depends on your affordability and credit profile.
What does a Century loan cost?
Century publishes its prices under the calculator: interest of 0.16% a day for new clients and 0.1% for returning clients, an initiation fee and a R69 monthly service fee. The calculator shows, for example, R 1,991.60 to repay for R 1700 over 5 days.
What documents do I need?
Your SA ID number, cellphone number, bank account details and your latest 3 months of bank statements showing your last 3 salary deposits. Century asks for a minimum net salary of R5 000 a month.
How fast does Century pay out?
Century aims to approve and pay out on the same day. Payout is typically made on the same business day once you are approved and have confirmed DebiCheck, for applications completed before 14:00 on weekdays.
What are the alternatives to Century (CreditZA)?
If you want to compare before deciding, these options cover similar needs. You will find all of them in our loan comparison.
Jabulani Money
Direct lender- Amount
- R 500 – R 4 000
- Term
- Matched to your payday
- First loan
- Standard cost
- Age
- 18 or older
A registered South African payday lender: R500 to R4 000, repaid on your salary date, with a decision in minutes. Affiliate link · Clearwave Innovations (Pty) Ltd, trading as Jabulani Money decides on approval after an affordability check.
Creditgenius
Loan-matching service- Amount
- R 500 – R 8 000
- Term
- 91 to 120 days
- First loan
- Standard cost
- Age
- 18 or older
A free loan finder: R500 to R8 000 over 91 to 120 days, with a published example and a public list of partner lenders. Affiliate link · Creditgenius does not lend: you sign the agreement with the lender you choose.
Creditomax
Loan-matching service- Amount
- R 500 – R 10 000
- Term
- 61 to 365 days
- First loan
- Standard cost
- Age
- 18 to 75
One short form for loans of R500 to R10 000 over 61 to 365 days, with an APR range and a cost example on the page. Affiliate link · Creditomax does not lend: you sign the agreement with the lender you choose.
Sources
- creditza.co.za/
- creditza.co.za/faqs
- creditza.co.za/about-us
- creditza.co.za/responsible-lending
- creditza.co.za/assets/docs/Website%20Terms%20and%20Conditions%20and%20Disclaimer.pdf
- centuryfinancialservices.net/
Affiliate links: if you apply through “See offer” or “Apply”, FinCredit360 may earn a commission from Century (CreditZA), at no cost to you. It does not change the facts we show. How we make money.