An online process can still require identity, income and account checks. Convenience does not remove the need to read the agreement.
What to check
- Official domain
- document-upload process and contact details
Ask for the amount actually paid out, every required payment and its due date. Put two quotes on the same basis before choosing.
A decision to avoid
Sending documents to an unofficial social-media account for convenience.
A calculation you can check
Illustration only: cash received R2 000; three payments of R750; a separate required charge of R50. Total paid = 3 × R750 + R50 = R2 300. Difference from cash received = R2 300 − R2 000 = R300. This difference is not an annual interest rate. Include the charge only if it is outside the three payments; do not count it twice.
Questions about this decision
What should I check first?
An online process can still require identity, income and account checks. Convenience does not remove the need to read the agreement.
Which information do I need for this decision?
Official domain, document-upload process and contact details.
Which mistake should I avoid here?
Sending documents to an unofficial social-media account for convenience.
How do I check official domain?
Locate the actual dated record for Official domain. Compare it with the other records in this checklist; ask the organisation responsible for any unexplained difference.
How do I check document-upload process and contact details?
Locate the actual dated record for document-upload process and contact details. Compare it with the other records in this checklist; ask the organisation responsible for any unexplained difference.
What should I do if a required detail is missing?
Mark it as unresolved. Ask for that precise detail before choosing; do not substitute an advertised example for your own document.
What is the next practical step?
Ask for the amount actually paid out, every required payment and its due date. Put two quotes on the same basis before choosing.
How can I verify the explanation?
Use the documents listed above. Check quoted amounts and dates in the original record; use the official reference links for the organisation’s guidance.
