Reprsentvative example: estimated repayments of a loan of r30,000 over 36 months at a maximum interest rate including fees of 27,5% apr would be r1,232.82 per month. repayment terms can range from 2 – 72 months. Myloan is an online loan broker and not a lender. Our service is free, and we work with ncr licensed lenders in south africa. Interest rates charged by lenders can start as low as 20% apr, including an initiation and service fee determined by the lender. The interest rate offered depends on the applicants’ credit score and other factors at the lender’s discretion.