Credit Solution

Bayport Offers Each Client A Customised Credit Solution

Over 300,000 clients in five countries make use of a credit solution from Bayport Financial Services.  Each credit solution that we sell has been tailor-made for the clients of that specific country, while complying with the legislation and rules of that specific financial market.  We have over 2,500 employees, 235 branches and many mobile units to bring our products straight to our clients, no matter where they are.

Bayport’s loans are unsecured, which means that no guarantee, sureties, collateral, deposits or post-dated cheques are required.  Nor is there a minimum loan amount – we can assist you with any amount, no matter how small your needs.  We have an industry-leading contractual disclosure policy to ensure that every client is fully informed and understand the full repayment terms.  In addition, our simple and transparent pricing makes it easy to find what you are looking for.  You do not need a bank account to borrow money from Bayport; in fact, we have become a leading supplier of credit to “unbanked” Africans.

Arrears interest is only charged in South Africa, where the credit market operates on a retail debit order method; in our other markets (Zambia, Ghana, Tanzania and Uganda), no arrears interest is charged, even if you miss some of your instalments.  Our charges are fully explained, ensuring that there are no nasty surprises when it comes to charges.  If you require more cash, replacement loans are available to allow early settlement.

As you can see, a credit solution from Bayport Financial Services is just perfect for the relatively immature African financial market and affords so many more people access to responsible unsecured credit.  For more information on our products, contact us.