Real People Home Finance offers loans up to R120 000 for customers to spend at over 600 participating Hardware stores. Customers receive up to 48 months to repay the loan.
Real People pays the loan money directly to the participating hardware store as payment for your building or renovation materials.
Loans between R 1000 - R 120 000
Up to 48 months to pay
Approved within two hours*
*Subject to all required documents being submitted when initially applying for the loan and all underwriting criteria being met.
Over the first 6 months of the loan period, you can purchase your building or renovation material step-by-step, as your home project progresses.
During the first 6 months of the loan period, you only pay interest on the portion of the loan amount used. Thereafter, your instalment amount is calculated on the final amount owed and will be a fixed instalment amount until the loan is fully repaid.
You can receive up to 30% of the loan amount in cash, to assist in paying for labour and other related expenses.
Our participating stores assist us with the home improvement loan application process by checking for supporting documentation.
If you have any dispute about the building material, please contact the store where you purchased the material from.
No, a quotation is not a commitment to buy.
There are many reasons for a partial delivery. It could be:
You can ask the sales consultant and manager in store for the reasons for a partial delivery. Real People is not liable for deliveries.
Delivery times are determined by the home improvement store and should be communicated to you. You should contact the sales person in store about the delivery schedules. If there is a problem, please speak to the store manager or the store owner.
All contractual obligations regarding the loan are included in the loan agreement that you receive. The sales consultant should explain the contract. You must read the contract before you sign it.
The interest charged on a Real People Home Improvement Loan is dependant on your credit profile.
A store will request a deposit from a customer only if the quotation for the material is more than the approved loan amount, for example, if the customer qualifies for a loan amount of R15,000, and the quotation is for R20,000. A deposit should not be requested if the approved loan amount is equal to or more than the cost of goods being purchased.