Last updated: March 1, 2016

Please read these Terms of Use ("Terms", "Terms of Use") carefully before using the website (the "Service") operated by LoanCompare Pty Ltd ("us", "we", or "our").

Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users and others who access or use the Service.

By accessing or using the Service you agree to be bound by these Terms. If you disagree with any part of the terms then you may not access the Service.


Our Service allows you to post, link, store, share and otherwise make available certain information, text, graphics, videos, or other material ("Content"). You are responsible for the Content that you post to the Service, including its legality, reliability, and appropriateness.

By posting Content to the Service, you grant us the right and license to use, modify, publicly perform, publicly display, reproduce, and distribute such Content on and through the Service. You retain any and all of your rights to any Content you submit, post or display on or through the Service and you are responsible for protecting those rights.

You represent and warrant that: (i) the Content is yours (you own it) or you have the right to use it and grant us the rights and license as provided in these Terms, and (ii) the posting of your Content on or through the Service does not violate the privacy rights, publicity rights, copyrights, contract rights or any other rights of any person.


When you create an account with us, you must provide us information that is accurate, complete, and current at all times. Failure to do so constitutes a breach of the Terms, which may result in immediate termination of your account on our Service.

You are responsible for safeguarding the password that you use to access the Service and for any activities or actions under your password, whether your password is with our Service or a third-party service.

You agree not to disclose your password to any third party. You must notify us immediately upon becoming aware of any breach of security or unauthorized use of your account.

Intellectual Property

The Service and its original content (excluding Content provided by users), features and functionality are and will remain the exclusive property of LoanCompare Pty Ltd and its licensors. The Service is protected by copyright, trademark, and other laws of both the South Africa and foreign countries. Our trademarks and trade dress may not be used in connection with any product or service without the prior written consent of LoanCompare Pty Ltd.

Links To Other Web Sites

Our Service may contain links to third-party web sites or services that are not owned or controlled by LoanCompare Pty Ltd.

LoanCompare Pty Ltd has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that LoanCompare Pty Ltd shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise you to read the terms and conditions and privacy policies of any third-party web sites or services that you visit.


We may terminate or suspend your account immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.

Upon termination, your right to use the Service will immediately cease. If you wish to terminate your account, you may simply discontinue using the Service.

Limitation Of Liability

In no event shall LoanCompare Pty Ltd, nor its directors, employees, partners, agents, suppliers, or affiliates, be liable for any indirect, incidental, special, consequential or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Service; (ii) any conduct or content of any third party on the Service; (iii) any content obtained from the Service; and (iv) unauthorized access, use or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence) or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed of its essential purpose.


Your use of the Service is at your sole risk. The Service is provided on an "AS IS" and "AS AVAILABLE" basis. The Service is provided without warranties of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, non-infringement or course of performance.

LoanCompare Pty Ltd its subsidiaries, affiliates, and its licensors do not warrant that a) the Service will function uninterrupted, secure or available at any particular time or location; b) any errors or defects will be corrected; c) the Service is free of viruses or other harmful components; or d) the results of using the Service will meet your requirements.

Governing Law

These Terms shall be governed and construed in accordance with the laws of South Africa, without regard to its conflict of law provisions.

Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect. These Terms constitute the entire agreement between us regarding our Service, and supersede and replace any prior agreements we might have between us regarding the Service.


  • General:
    1. The Pre-Qualification Certificate provides an indication of your likelihood of qualifying for finance. It is a robust process that assesses your current credit profile at the bureau; and provides invaluable information to assist in your decision making process.
    2. It is however not a guarantee of finance. Once you have signed an Offer to Purchase, you have to formally apply for a home loan. Credit approval at that stage and the amount qualified for will depend on:
      1. Your credit profile at the time
      2. Your income and expenses
      3. Property specific factors, and
      4. banks internal risk criteria which could change from time to time.
  • Credit Bureau Enquiry:

    The Pre-Qualification process requires LoanCompare to perform a credit bureau enquiry. This will not be performed by LoanCompare without electronic provision of consent by the customer.

  • Validation:

    In order to ensure the credit bureau enquiry is performed on the same person initiating the request electronically, validation procedures based on verification of bureau information is performed.

  • Credit Report:

    Following the credit bureau enquiry, LoanCompare will automatically receive a credit report from Compuscan. This report is then immediately made available to the customer for free. The report is used solely to inform the LoanCompare Pre-Qualification certificate; also made available immediately to the customer for free. Restrictions related to terms of use of the credit report is further articulated in the credit report.

  • Costs:

    The service is provided free of charge to the customer via LoanCompare.

  • Restrictions:
    • A pre-qualification process can only be attempted once every 24 hours.
    • A pre-qualification process can only be performed once every three months per unique ID.
    • A pre-qualification process can only be performed five times per month from a specific IP Address. (Please contact us if you are an estate agency and would like to use more)


We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material we will try to provide at least 30 days notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.

By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.

R1,000 Cash Bonus Promotion

  • To qualify, you must complete and submit your application by the 30th of November 2018.
  • You must apply for a bond amount of R500 000 or more.
  • Should your application be successful, accept the best offer.
  • Once the associated bond is registered you qualify for the R1,000 cash bonus.
  • This will then be paid directly into your specified bank account within two weeks.

Contact Us

If you have any questions about these Terms, please