Bayport Finance

02/12/2025

Always look for “https” before you pay. That little “s” stands for secure!

06/11/2025

Hello colleagues
I just want to take a moment to educate some people in this group because I’ve noticed a few posts that might cause others to doubt Bayport.

I saw someone posting that they are paying Bayport R5 850 from a salary of R20 000 and people started commenting and becoming scared to use Bayport. The problem is that many people post without explaining all the details.

When I checked the comments, I found out that Bayport actually paid off R148 000 of that person’s debts — that’s why their monthly instalment is R5 850. Please don’t be misled by such posts.

For example, I am paying R2 300 because my total debts were under R50 000.

Let me share what I learned from Bayport:
I owed OK Furniture R30 000 for items I bought in April. I had been paying R700 per month until August, when I heard about Bayport. I called them to understand how they work and they asked me to get settlement letters from OK Furniture and my payday loan creditors.

Here’s what I discovered — when you settle a loan before the full term, the amount drops back to the original balance. For example, with OK I was supposed to pay R30 000 over time, but by settling early, I only paid R14 000 which was the original amount.

I plan to do the same with Bayport — to settle before the 24 months are over, using my bonus or a consolidation loan from the bank next year (since banks offer lower interest rates). This means I’ll pay Bayport their original R45,000, not the R65,000 that includes interest.

Also, please be careful with DebtBusters. I contacted them before Bayport and they said I’d be paying R7,000 for 12 months (R84 000 total). With Bayport, I’ll only pay R65,000 over 24 months — much better!

So don’t just believe what you see online, always ask questions and understand the details first.

26/10/2025

It’s the small things that build big results – save R10 a day or track your spending. Small habits = big calm

20/10/2025

Got a skill? Turn it into income! A small side hustle today builds financial resilience for tomorrow.

20/10/2025

Don’t post payday joy, scammers are watching. Keep your financial details private.

08/10/2025

Like a garden, your savings need time to grow. 🌷Plant a seed now by saving a small amount, and you'll harvest the peace of mind you need in December, January, and February. Start today and give yourself the gift of a stress-free holiday season. What are you saving for? Let us know in the comments!

07/10/2025

07/10/2025

Start your journey to financial wellness with Bayport, just like NMM. It is time to say

28/09/2025

The Madiba branch is glowing with culture today! What a powerful moment to see our team come together, celebrating their heritage with such pride and joy. From the vibrant attire to the shared stories, we're reminded that our diversity is truly our greatest strength. Happy Heritage Day to all!

21/03/2025

Every voice counts, every action matters. On Human Rights Day, let’s reflect, engage, and work toward a world where equality and justice prevail. How will you make a difference?

22/01/2025

Need a loan apply for a loan through Bayport service to get offers from many lenders. Choose the best loan option available - with no obligations or hidden cost