LENDUMI — BEFORE YOU BORROW
Practical checklist | www.lendumi.co.za/help/borrowing-checklist/

1. THE NEED
[ ] I can name the essential expense and the smallest amount needed.
[ ] I have considered available alternatives, including a payment arrangement.

2. THE BUDGET
[ ] I know when I can reasonably expect my next income.
[ ] I have allowed for rent, food, transport, utilities and dependants.
[ ] I have included existing debt and bills due before repayment.
[ ] The full repayment fits without another loan or missed essentials.

3. THE PRICE
Amount I will receive: ____________________
Interest: ________________________________
Fees, including applicable VAT: ___________
Insurance, if any: ________________________
Total to repay: ___________________________
Repayment date(s): ________________________
[ ] I understand any difference between principal debt and money received.
[ ] I know what the agreement says about missed payments, and what a late
    payment or collection would add. Those costs are not in any estimate.

4. THE LENDER
[ ] I have matched the creditor's name and status to the NCR register.
[ ] I have independently checked the contact and payment details.
[ ] No one has asked for my bank password, PIN or OTP.
[ ] I have not paid an upfront fee to unlock funds or guarantee approval.

5. THE AGREEMENT
[ ] I have read the quotation and credit agreement.
[ ] I understand each cost and obligation, and have asked about unclear terms.
[ ] I have kept a copy of the documents.
[ ] I am not relying on an automatic extension or top-up.

6. IF CIRCUMSTANCES CHANGE
[ ] I know the creditor's repayment-support and complaints contacts.
[ ] I know that asking for help does not automatically change a due date.
[ ] I will keep any accepted arrangement in writing.

Useful guides:
https://www.lendumi.co.za/costs-and-fees/
https://www.lendumi.co.za/requirements/
https://www.lendumi.co.za/responsible-lending/
https://www.lendumi.co.za/payment-difficulties/
Official resources:
NCR register of credit providers:
https://www.ncr.org.za/register_of_registrants/registered_cp.php
National Credit Act:
https://www.gov.za/documents/national-credit-act
National Financial Ombud Scheme South Africa:
https://nfosa.co.za

The "Continue to partner" button on the website opens our partner's site,
where applications are made: the partner confirms eligibility, price and
terms, and Lendumi may be paid if you take up an offer.
This checklist is not a lending offer, affordability assessment or personal
recommendation. Keep your completed copy private; do not submit it to this site.