Personal loans online to a maximum of R350 000 with maximum 84 months to pay. Short-term loan up to R8000 with maximum 3 months to pays. You choose your repayment term. Apply online in 2 minutes. No branch visits required . Money in your account within 24 hours of approval
✅PERSONAL LOAN UP TO R350 000
✅ FLEXIBLE REPAYMENT PERIODS
✅ Easy Online Application
✅ NO APPLICATION FEES
✅ APPROVAL IN 24 HOURS
Your interest rate will depend on your personal risk and credit rating.
The National Credit Act caps interest rates at 5% a month. 30% over 6 months and 60% a year.
The total cost of the loan will be R 110 594.54. Which is a maximum Annual Percentage Rate (APR) of 30.98%.
Unsecured Personal Loans
These are “unsecured” because you don’t put up anything as collateral as a means of a guarantee to obtain a loan. If you default on payments. You will not risk losing your collateral.
NO UPFRONT FEES
WE DO NOT CHARGE ANY UPFRONT FEES. YOU WILL NEVER BE REQUIRED TO SUBSCRIBE TO ANY SERVICES SO THAT YOUR PERSONAL LOAN CAN BE APPROVED.
WE WILL NEVER ASK YOU TO PAY AN UPFRONT FEE. IN ORDER FOR YOUR PERSONAL LOAN TO BE RELEASED
What is a personal loan
A personal loanis a fixed amount of money that is borrowed to an individual by a bank or lender that has a fixed interest rate and a fixed repayment period. Furthermore Personal loans are unsecured. meaning there is no collateral involved
REASONS FOR TAKING LOAN
There are many reasons why you might opt in to take out a personal loan. So you can make down payments on a home.To consolidating your debt. So that
Covering medical expenses or surgical procedures.buying a car, or finally getting to those home improvements which you have always wanted could all be great uses for a personal loan.
POINTS TO CONSIDER
Some reasons to apply for a personal loan is when you are unable to cover the full amount you need to pay but are responsible enough and financially able to pay back the loan on time. So your credit scores improves
CHECKS BEFORE APPLYING
- Only make applications for loans you can afford. Thus ensuring a good payment history.Resulting in a better credit score
- Work on your credit score before you apply.
- Prior to filling out an application applicants need to show lenders they are in a stable position. So that they can lend you money
- Before applying Check you are not listed as a bad payer. So you do not further lower your credit score by applying
Many people don’t budget because they don’t want to go through what they think will be a boring process. Listing out expenses, adding up numbers, and making sure everything lines up. However if you’re bad with money. Nonetheless you do not have room for excuses with budgeting. Simultaneously resulting in your spending going on track is a few hours working a budget each month. On the contrary Why wouldn’t you do it? Instead of focusing on the process of creating a budget, focus on the value that budgeting will bring to your life
MANAGING YOUR BUDGET
Using the Budget: Your budget is useless if you make it then let it collect dust in a folder tucked away in your bookshelf or file cabinet, Refer to it often throughout the month to help guide your spending decisions. simultaneously update it as you pay bills and spend on other monthly expenses. At any given time during the month, you should have an idea of how much money you’re able to spend, considering any expenses you have left to pay