Bayport serves government and selected private-sector staff through employer partnerships. If the form cannot find your employer, Bayport may be unable to help.
Start with your employer, then give Bayport the details to contact you
Enter your name, surname, SA ID, phone, employer, preferred call time and government employment status online. Bayport uses these to contact you about a personalised solution.
Your single loan may run longer if you miss full payment on time, adding monthly service fees and credit life premiums. Arrears attract contract-rate interest.
What your quotation commits you to repaying
Your quotation sets the fees, charges and interest you repay with the loan. Your interest rate stays fixed throughout the agreement, making that part of your plan predictable.
Bayport Financial Services offers one administration fee and a preferential interest rate. Your quoted term and instalment count assume full, on-time payments.
What you need for your consolidation request
Have these essentials ready to begin your Bayport request.
- Have a participating public or private employer.
- You need credit life insurance.
- To apply online, consent to a third-party credit bureau check.
- Give full, accurate online details for assessment.
From your online form to a quotation
- Submit your details through the online form.
- Bayport contacts you to develop your solution.
- Bayport’s quote allows five working days to decide.
FAQ
What happens if my employer’s salary deduction fails to go through?
If your payroll deduction fails for any reason, Bayport may use the debit order authorisation agreed in your pre-agreement.
Can I pay extra or settle my Bayport consolidation loan early?
Prepay anytime without notice or penalty. To settle, pay outstanding principal, unpaid interest and all fees and charges due to that date.
Can I choose my own credit life insurance policy?
Yes. Cede a Bayport-approved policy with similar cover and value, or prescribed minimum benefits, instead of Guardrisk cover.
Can I accept my Bayport loan quotation verbally?
Yes, you can accept verbally or sign. Bayport still decides whether to grant the loan after credit and affordability checks.