Loan-matching service review

Letocredit review

Letocredit is a loan-matching service: it passes your application to partner lenders, for R500 – R15,000.

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Reviewed by LM editorial teamLast reviewed
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Letocredit

Loan-matching service

Loan amount
R500 – R15,000
Term
61 – 365 days
Rate
0% – 36% per year (set by matched lender)
Company
Livornica AM LLC
Based in
Armenia
Checked
October 2026

Letocredit 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 Letocredit

Letocredit 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 Livornica AM LLC in Armenia.

Letocredit offers R500 – R15,000 over 61 – 365 days. Its published rate is 0% – 36% per year (set by matched lender).

On speed, Letocredit says: Letocredit does not pay out loans. Its FAQ says: "In most cases, the money is credited to your card on the same day of approval — often within 15–30 minutes after confirmation." Timing depends on the lender. We have not tested this ourselves.

What Letocredit says a loan costs

Letocredit's own example: Letocredit's own wording: "for a loan of 1000 R with a repayment in 67 days, the costs will be 0 R and the total amount to be repaid will be 1000 R with a CAT of 0%."

Fees as published: Letocredit says its website "does not charge fees for its services". Lender fees are not published.

The lender you are matched with must give you a written quotation first. Compare the total amount you will repay, not only the rate.

Letocredit requirements

  • Be 18 or older
  • Any type of income (as stated by Letocredit)
  • Identity verification with a Smart ID card
  • Other criteria are set by the lender you choose

Documents you'll need

  • South African Smart ID card
  • Any further documents are set by the lender you choose

Every credit provider must check that you can afford the loan. Nobody can promise approval without that check.

How to apply at Letocredit

  1. Choose an amount on letocredit.co.za.
  2. Register on the site with your personal details.
  3. Pick an offer from the list of partner lenders.
  4. Apply on that lender's own website and sign its agreement.

Apply at Letocredit →

We may earn a commission if you apply through this link. It does not change what you pay. How we make money.

Letocredit contact details and login

Websitehttps://letocredit.co.za
Emailsupport@livornica.com
AddressRepublic of Armenia (no street address published)

Taken from Letocredit's own website in October 2026. Lendable Marketplace is not Letocredit and can't help with your account.

What customers say

We found no customer rating for Letocredit on Hellopeter or Trustpilot in October 2026.

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, according to Letocredit.
  • Lists named lenders, such as LendPlus, Century, PrimeLoans and Lime24.
  • Publishes an APR range and an example.

Cons

  • Not a lender and not registered with the NCR.
  • Your data may go to lenders, marketing and affiliate partners, and is processed in Armenia.
  • Terms are governed by Armenian law, with disputes in Armenian courts.
  • No phone, street address or company registration number published.
  • Site makes bold claims, such as "no credit history check", that lenders cannot lawfully promise.

Alternatives to Letocredit

Other loan-matching services on our panel of 15:

  • Creditomax — R500 – R15,000, 61 – 365 days.
  • MoneyHello — R500 – R25,000, 3 – 72 months.
  • Binixo — R1,000 – R50,000, Up to 6 months.

Related: Short-term loans, Online loans, Bad credit loans, Compare all lenders.

Questions to ask Letocredit 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 Letocredit'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.

A note on how we work: Lendable Marketplace is a comparison site, not Letocredit. We may earn a commission if you apply through our links; it doesn't change what you pay or what we write.

Letocredit — frequently asked questions

Is Letocredit a lender?

No. Letocredit is run by Livornica AM LLC in Armenia. It says it does not provide loans or credit. It shows offers from other lenders and may pass your details to them.

What do I need to use Letocredit?

You must be 18 or older. Letocredit mentions any type of income and ID verification with a Smart ID card. Each lender sets its own checks.

How do I apply through Letocredit?

Choose an amount and register on letocredit.co.za. Then pick an offer and apply on that lender's own site. The lender's terms apply.

How do I contact Letocredit?

Email support@livornica.com or use the chat on the site. There is no published phone number or customer login. For loan questions, contact your lender.

Is Letocredit registered with the NCR?

No. Letocredit is not a credit provider and is not on the NCR register. Check the lender's own NCRCP number at ncr.org.za before you sign.

What if I can't repay my loan?

Contact your lender as soon as possible. Letocredit is not party to your loan. If you are over-indebted, speak to an NCR-registered debt counsellor or call the NCR on 0860 627 627.