ROTATING STUDENT LOAN (ZAR)
EDUVISA PARTNERS WITH MOBICRED

MobiCred is a simple and convenient credit facility that allows students to safely register online via the PayFast (ZAR) Payment Gateway and commence with their studies linked to a 12-month payment plan.

With a MobiCred account, you’ll benefit from:

  • Access to an online revolving student loan/credit facility of up to R35 000 (ZAR).
  • No fees charged until you make your first course registration, and no fees charged on a zero outstanding balance.
  • Convenient monthly debit order that only equates to 10% of your outstanding balance.
  • Revolving credit means any money paid back into the account becomes available to be used again, with no need to re-apply.
  • You can choose to pay off your balance as quickly or slowly as you like, by making additional direct EFT’s into your account.
  • Flexible repayment options - the timeline is decided by you, and it is not fixed on 3, 4, or 12 repayments.

 

WHY CHOOSE MOBICRED?
  • Get up to R 35,000 to repeatedly spend on your studies.
  • Register safely online, saving you time.
  • No physical card needed.
  • Enjoy no fees if your balance is zero.
  • Less admin by only making monthly repayment.

 

WHAT DO YOU NEED?
  • To be 18+ years old.
  • Earn a minimum of R5 500 per month.
  • Have a valid South African ID.
  • Have a valid cell phone number and email address.
  • Have an existing and valid bank account in your name.

 

THE PROCESS
  • Mouse-click on the following link or the MobiCred Logo to start the MobiCred Application Process:  APPLY NOW
  • Receive a Verification Code from MobiCred that your application has been successful.
  • Select the PayFast Payment Option when given the option during the online registration/payment process. 
  • Apply the MobiCred Verification Code during the PayFast payment process when selecting your preferred method of payment.
  • Receive notification per SMS/Email from PayFast and MobiCred that the payment process has been completed successfully.
  • Receive confirmation from the EduVisa Account Section as soon as the payment has been verified.
  • Receive programme instructions and activation/enrolment information to proceed with the relevant programme.