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Lendumi Everyday at a glance
Lendumi Everyday is a short-term loan of R500 to R4 000, repaid in one payment after 15, 21, 30 or 35 calendar days. It is designed for a temporary gap before your next income, such as a repair, transport to work or an unexpected household cost. The cost is made up of interest, an initiation fee and a service fee, with VAT included in the displayed fees. No insurance premium is included in the estimate, and there is no automatic renewal or top-up. In the first-loan example, you receive R2 000.00 and repay R2 473.75 after 30 days, so the cost of borrowing is R473.75. Fees are repaid with the loan rather than deducted from the amount received. Lendumi does not lend to anyone under debt review, and every offer depends on credit and affordability checks.
The “Continue to partner” button on this page opens our partner’s website, where the application is made. The partner confirms eligibility, price and terms, and Lendumi may be paid if you take up an offer there.
The terms
| What to know | Lendumi Everyday |
|---|---|
| Amount | R500–R4 000 |
| Repayment term | 15, 21, 30 or 35 calendar days |
| Repayments | One payment on the agreed due date |
| Cost | Interest, an initiation fee and a service fee; VAT is included in displayed fees |
| Insurance | No insurance premium is included in this estimate |
| Renewal | No automatic renewal or top-up |
What would the repayment be?
Look at the repayment, not only at the amount you receive. The repayment is the amount paid to you plus interest and the two fees, and the whole of it falls due on one agreed date — 30 days after payout in the example above. Fees are not taken off the payout.
Change the amount and term in the calculator to see how the total moves, or read how each charge is worked out. An estimate is not an approval, a credit limit or a personal quotation.
When does a short-term loan not fit?
It does not fit if you would need another loan to make the repayment, or would have to miss rent, food or transport costs to meet it. A shortfall that returns every month needs a more sustainable plan, and the responsible-borrowing guide sets out what to weigh first. Lendumi does not lend to anyone under debt review.
Before you decide
Choose the smallest amount that covers the need, and match the due date to income you can reasonably expect. Read the requirements and the steps involved, then work through the borrowing checklist. Check any credit provider against the National Credit Regulator register before you share documents or money.
References: National Credit Act · NCR register of credit providers.
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