Finlee by Freelifestyle an app that allows users to access free loans with no interest, no initial fees and can be repayable using points that can be accumulated with multiple taps.

Users can access free loan of upto R4999 with no fees to be charged but have to reach a suitable Eligibility Score to qualify.

Why use Finlee:
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1. You could get a loan using points
2. Improve your Eligibility Score with points
3. Zero interest & initiation fees
4. Loan approved upon meeting the conditions

Features
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Age: 18+ years old, with South Africa ID
Min & Max loan amount: R1000-R350000
Affordable fee:strickly follow National Credit Act, no hiding fees
Minimum repayment period: 12 months
Maximum repayment period: 72 months
The maximum APR: 0% (No Interest charged)
Payment format: You can use points to payoff your debt

Example #1:
A loan with a principal amount of R1000 - R4999,
Assuming a loan of R 1000 is borrowed in January 1,

0. Term : 60 months
1. Initiation Fee: R0.00
2. Service Fee: R0.00
3. Interest: R0.00 (0%)

Repayment in terms of points will be 225pts (cash value of R22.50) and total points to be repaid is 13500pts (cash value of R1350).

Assuming a loan amount of R5000 - R49999 is borrowed, a monthly service fee of R129 will apply.