Creditum review
Creditum is a loan-matching service: it passes your application to partner lenders, for R500 – R500,000.
Apply at Creditum
Creditum
Loan-matching service
- Loan amount
- R500 – R500,000
- Term
- 6 – 72 months
- Rate
- APR 11% – 28% (set by matched lender)
- Company
- Summarum Media Oy (Ltd)
- Based in
- Finland
- Checked
- October 2026
Creditum is not a registered credit provider. It passes your details to partner lenders. The lender you are matched with sets the rate, fees and term, and must be registered with the NCR. Check that lender's NCR number before you sign.
About Creditum
Creditum is not a credit provider. It passes your application to partner lenders, and the lender you are matched with sets the rate, fees and term. It is run by Summarum Media Oy (Ltd) in Finland (registration 2823017-4).
Creditum offers R500 – R500,000 over 6 – 72 months. Its published rate is APR 11% – 28% (set by matched lender).
On speed, Creditum says: Set by the lender you choose. Creditum's guide says funds are "usually transferred to your bank account within a few days". We have not tested this ourselves.
What Creditum says a loan costs
Creditum's own example: "Estimated repayments on a loan of R30 000 over 36 months at a maximum annual interest rate of 28% would be R1 360 per month including an initiation fee and monthly service fees."
Fees as published: Free to use. Creditum says it "does not charge consumers a service fee for comparing loan offers". Lenders may charge an initiation fee and a monthly service fee.
The lender you are matched with must give you a written quotation first. Compare the total amount you will repay, not only the rate.
Creditum requirements
- Be at least 18 years old
- Be a South African resident
- Have a valid ID number
- Have your own phone number and email address
Documents you'll need
- Valid South African ID number
- Proof of income and bank statements, if the lender asks for them (Creditum's guide says to have these ready)
Every credit provider must check that you can afford the loan. Nobody can promise approval without that check.
How to apply at Creditum
- Fill in the online form on creditum.co.za with your basic details.
- Creditum passes your details to its partners, including Myloan.co.za and NCR-registered credit providers.
- Compare the loan offers you receive. Offers are non-binding.
- If you accept an offer, you apply with that lender and sign its loan agreement.
We may earn a commission if you apply through this link. It does not change what you pay. How we make money.
Creditum contact details and login
| Website | https://creditum.co.za/ |
|---|---|
| Address | Summarum Media Oy, Säästöpankinranta 10 D, 00530 Helsinki, Finland. SA comparison partner: Avica Group, 7th Floor, Mandela Rhodes Place, Corner Wale Street and Burg Street, Cape Town, 8000 |
Taken from Creditum's own website in October 2026. Lendable Marketplace is not Creditum and can't help with your account.
What customers say
- Trustpilot: 3.3/5 (Average), from 89 reviews (checked 2026-10-01).
We don't give our own star ratings. These scores are from independent review sites and can change daily.
Pros and cons
Pros
- Free to use, with no service fee for comparing offers.
- Wide range, from R500 to R500,000 over 6 to 72 months.
- Publishes an APR range (11% to 28%) and a representative example.
- Offers are non-binding, so you can turn them down.
Cons
- Not a credit provider. The lender you are matched with sets the final rate and fees.
- Your details are shared with partners, including Myloan.co.za and lenders.
- Operated from Finland. No phone number or readable email is published on the site.
- Trustpilot rating is mixed, at 3.3 out of 5.
Alternatives to Creditum
Other loan-matching services on our panel of 15:
- Crezu — R500 – R350,000, 6 – 72 months.
- Dengoo — Up to R350,000, 1 – 365 days.
- Arcadia Finance — R500 – R350,000, 6 – 72 months.
Related: Short-term loans, Online loans, Bad credit loans, Compare all lenders.
Questions to ask Creditum before you sign
- What is the total amount I will repay, in rand, including interest and all fees?
- Which lender will I sign with, and what is its NCR number?
- What happens if I repay early, or miss a payment?
- Is any insurance compulsory, and what does it cost each month?
Struggling with debt already? Speak to a registered debt counsellor via the NCR before you borrow more.
How we checked this review
We checked Creditum's own website and terms, in October 2026. We did not take out a loan. Spotted something out of date? Tell us and we'll check it. Read how we make money and check providers.
Creditum — frequently asked questions
What do I need to apply through Creditum?
Creditum says you must be 18 or older, a South African resident, and have a valid ID number. You also need your own phone number and email address. The lender may ask for proof of income and bank statements.
How do I apply?
Fill in the short form on creditum.co.za. Creditum passes your details to its partners and shows you loan offers. Offers are non-binding. If you accept one, you finish the application with that lender.
Is there a Creditum login?
We could not find a customer login on creditum.co.za. Your loan account, if you get one, is with the lender you choose. Use that lender's login and contact details.
How do I contact Creditum?
The site does not show a phone number. Its email address is hidden on the site. The operator is Summarum Media Oy, Säästöpankinranta 10 D, 00530 Helsinki, Finland. Its South African partner is Avica Group in Cape Town.
Is Creditum registered with the NCR?
No. Creditum says it is "an online loan comparison tool and not a credit provider". It says it works with Myloan.co.za and NCR-registered credit providers. Check your chosen lender's NCRCP number at ncr.org.za before you sign.
What if I can't repay my loan?
Your loan is with the lender, not Creditum, so the lender's terms apply. If you can't pay, contact the lender before the due date. If you are over-indebted, speak to an NCR-registered debt counsellor (find one at ncr.org.za or call the NCR on 0860 627 627).