

The loan shop
NPS Score
-100
Recommended: Unlikely
Sep '25 - Aug '26
Used this business recently? Share your experience to help others decide.
Used this business recently? Share your experience to help others decide.
Share Your Experience1 reviews | Active since Oct 2013
Good day, Firstly, please make sure of your facts before calling us a ****. We are aware of all the false reviews and that has been dealt with. Secondly should you have read the terms and conditions before you app**** in January you would have notice that we ask a once off registration fee and a monhly subscription fee. So why did you not read what you app**** for before signing the debi check?? We would like to bring to your attention that the R250 debi check that was/will be deducted from your account is a once-off registration fee, not a monthly payment. This fee covers our costs associated with searching for a loan on your behalf, as we do not receive any payments from our credit providers. Please note that this fee is payable regardless of the loan's status, whether approved, declined, or cancelled by you. Once you accepted the debi check, your application was automatically submitted to our credit providers for processing. As per our website T’s & C’s. I offer permission for Qwiekfin Loans to debit my account with a once-off registration fee of R250.00 to cover the cost of sourcing a loan for me, and R98 per month subscription fee thereafter to gain access to all other free benefits supp**** by the Credfin Group. If the R250 fee cannot be collected, it will be split into 3 equal payments of R98 over a 3-month period. This fee is payable whether the loan is approved, declined, or not accepted by me. Please note we do not charge any upfront fees. Only at the end of the month and after processing your loan application. You will receive a reminder email within 24 hours to confirm this via Debi-Check which will also confirm your personal details in order for us to proceed with the Application process. By submitting the online application, I agree to all Terms and conditions as set on this website THIS IS A NON-REFUNDALBE FEE Herewith is the link of our website where you have app**** for the loan. You are welcome to fami****ize yourself with the T's & C's you accepted https://www.qwiekfinloans.co.za/terms-of-service/ Cancellation Process: To cancel your subscription with Qwiekfin Loans, you are required to provide one (1) calendar month's written notice – In a cancellation letter provided by Qwiekfin Loans. Cancellation requests can only be processed after the initial R294 registration fee has been successfully deducted from your account. Please see attached cancelation letter. Please complete the letter in full and submit back to us to cancel the subscription fee Please refer to our Terms of Service for further details: Terms of Service | Qwiekfin Credfin Group Information: Qwiekfin Loans is associated with the Credfin Group, a consolidated online directory service focused on member value. Credfin Group offers access to a range of categories including financial assistance, loan provisions, entertainment, medical resources, insurance, and business opportunities. For more information about Credfin Group, please visit: Credfin Group | Online Directory Service We appreciate you taking the time to understand these important details. We hope this clarifies any misunderstanding. Should you have further questions, please do not hesitate to contact us. For any queries please feel free to contact us via: Email- *** Call Assistance – *** WhatsApp Assistance – *** / *** Monday – Friday, 08:00 – 16:30 Kind Regards. Qwiekfin. Show quoted text
1 reviews | Active since Oct 2013
Good day, Firstly, please make sure of your facts before calling us a ****. We are aware of all the false reviews and that has been dealt with. Secondly should you have read the terms and conditions before you app**** in January you would have notice that we ask a once off registration fee and a monhly subscription fee. So why did you not read what you app**** for before signing the debi check?? We would like to bring to your attention that the R250 debi check that was/will be deducted from your account is a once-off registration fee, not a monthly payment. This fee covers our costs associated with searching for a loan on your behalf, as we do not receive any payments from our credit providers. Please note that this fee is payable regardless of the loan's status, whether approved, declined, or cancelled by you. Once you accepted the debi check, your application was automatically submitted to our credit providers for processing. As per our website T’s & C’s. I offer permission for Qwiekfin Loans to debit my account with a once-off registration fee of R250.00 to cover the cost of sourcing a loan for me, and R98 per month subscription fee thereafter to gain access to all other free benefits supp**** by the Credfin Group. If the R250 fee cannot be collected, it will be split into 3 equal payments of R98 over a 3-month period. This fee is payable whether the loan is approved, declined, or not accepted by me. Please note we do not charge any upfront fees. Only at the end of the month and after processing your loan application. You will receive a reminder email within 24 hours to confirm this via Debi-Check which will also confirm your personal details in order for us to proceed with the Application process. By submitting the online application, I agree to all Terms and conditions as set on this website THIS IS A NON-REFUNDALBE FEE Herewith is the link of our website where you have app**** for the loan. You are welcome to fami****ize yourself with the T's & C's you accepted https://www.qwiekfinloans.co.za/terms-of-service/ Cancellation Process: To cancel your subscription with Qwiekfin Loans, you are required to provide one (1) calendar month's written notice – In a cancellation letter provided by Qwiekfin Loans. Cancellation requests can only be processed after the initial R294 registration fee has been successfully deducted from your account. Please see attached cancelation letter. Please complete the letter in full and submit back to us to cancel the subscription fee Please refer to our Terms of Service for further details: Terms of Service | Qwiekfin Credfin Group Information: Qwiekfin Loans is associated with the Credfin Group, a consolidated online directory service focused on member value. Credfin Group offers access to a range of categories including financial assistance, loan provisions, entertainment, medical resources, insurance, and business opportunities. For more information about Credfin Group, please visit: Credfin Group | Online Directory Service We appreciate you taking the time to understand these important details. We hope this clarifies any misunderstanding. Should you have further questions, please do not hesitate to contact us. For any queries please feel free to contact us via: Email- *** Call Assistance – *** WhatsApp Assistance – *** / *** Monday – Friday, 08:00 – 16:30 Kind Regards. Qwiekfin. Show quoted text
1 reviews | Active since Aug 2022
That business is a ****. They promised me that they will help with applying for a loan and then I will pay them a certain once off amount. To my surprise , they deducted the amount before they have helped . As if that was not enough, now they are deducting every month it’s no longer a once off that they said initially . Please stay far from them, they are a ****
1 reviews | Active since Aug 2022
That business is a ****. They promised me that they will help with applying for a loan and then I will pay them a certain once off amount. To my surprise , they deducted the amount before they have helped . As if that was not enough, now they are deducting every month it’s no longer a once off that they said initially . Please stay far from them, they are a ****
1 reviews | Active since Oct 2019
BE WARNED!!! you will get a debi check of R250 for a loan, no since when do you pay to get a loan, i was ****med like this before luckly I have done my research and declined it, and u wont be able to stop the debit order and you will get no loans. When i approached them a guy so called CHRIS, he was damn rude swearing as well thats how ****mers react when you outsmart them. DO NOT I REPEAT DO NOT GO WITH THEM THEY ARE *****STERS confirmed! They should be shut down completely and those that they have ****med i am sorry that you had to go through that but do not leave it like that take them to lawfirms and small claims court if you have to lets put an end to it. #theloanshop.co.za
1 reviews | Active since Oct 2019
BE WARNED!!! you will get a debi check of R250 for a loan, no since when do you pay to get a loan, i was ****med like this before luckly I have done my research and declined it, and u wont be able to stop the debit order and you will get no loans. When i approached them a guy so called CHRIS, he was damn rude swearing as well thats how ****mers react when you outsmart them. DO NOT I REPEAT DO NOT GO WITH THEM THEY ARE *****STERS confirmed! They should be shut down completely and those that they have ****med i am sorry that you had to go through that but do not leave it like that take them to lawfirms and small claims court if you have to lets put an end to it. #theloanshop.co.za
Hellopeter has tracked The loan shop across 12 reviews. The loan shop hasn't collected enough recent reviews — at least 10 in the last 12 months are needed — to calculate a TrustIndex score. Have you used The loan shop? Write a review to help others decide.