become a pro artist
TRAIN NOW PAY LATER!
Lovella has partnered with Mobicred who offers simple and convenient credit for both shopping and training. This solution allows you to train today, while you pay off your training fee over a 12 month period. Mobicred is revolving credit, which means as soon as you begin paying back your loan, credit will immediately become available to you to be used on our online store!
the application process
Complete the online application form
Your application will be processed instantly
You can begin your Lovella training experience
NEED TO KNOW
A valid South African ID Number
18 years or older
Earn a minimum monthly salary of R5500
An existing & valid bank account in your name
A current & valid email address & mobile number
GOOD TO KNOW
FREQUENTLY ASKED QUESTIONS
You need to have a valid South African ID number, be at least 18 years of age, earn a minimum monthly salary of R5500, have an existing valid bank account, a valid email address and a RICA’d mobile number. You will need to submit 3 months most recent bank statements or payslips.
Yes, approval of your application is subject to Mobicred’s credit risk & affordability criteria, and in accordance with the National Credit Act responsible lending principles. If, for whatever reason, your application is declined, Mobicred will inform you as to the main reasons for being declined.
The interest rate charged is 20.75% per annum & in accordance with the interest rate permissible by the National Credit Act.
The interest rate on your account is an annual variable rate linked to the Repo Rate and will change in accordance with changes made by the South African Reserve Bank.
This is a fee for the opening & initiation of your agreement & Mobicred account.
This is a monthly charge for the monthly administration & maintenance of your mobicred account, including statements and all ad-hoc correspondence.
This is a fee that is charged to accounts which are one or more payments in arrears.
This is a fee charged for debit orders that have been returned unsuccessful by your bank due to, for example, insufficient funds.
Monthly installments, as reflected in the Mobicred statement, will be deducted via Debit Order.
You statement will be send to you monthly via email.