Loans come in all various forms and it’s important that you apply for the one most suitable for you.
For instance, they often come with different repayment terms accompanied with fixed or linked interest rates.
It often depends on how impressive your credit score is or with which institution you’re applying with.
For example, a loan shark would charge a much higher interest rate, as well as more stringent terms, compared to getting one through FNB.
This means that you could unwittingly sign up for a personal loan at higher interest rates than you expected.
They generally take the form of unsecured loans while the secured type would require collateral to be put up by the applicant.
It’s also advisable, to ensure you’re applying for the appropriate type of credit, to apply through a reputable lending institution.
Below are some of the various types of loans you could apply for.
Loans For Foreigners How To Get Credit As a Foreign National Foreigners seeking loans in South Africa will be aware that without possessing a green Identity book (SA ID Document), proving SA citizenship, how hard it is to get credit. Unfortunately even qualified people living in the country with a work permit will find that […]
Micro Loans South Africa It’s never been easier to apply for micro loans in South Africa. Micro loans can be applied for quickly & easily by completing a simple 3-step application form online with fast approval. Due to the demand for micro loans, micro lending has grown massively since post apartheid South Africa. A big plus
Loans For People With Bad Credit Getting bad credit loans approved is entirely possible without having to resort to disreputable lenders. In fact there are credit solutions when it comes to securing personal loans for bad credit or for those who are blacklisted. Bad Credit Loans… Apply here » So if you have a bad credit
Under Administration & Need a Loan Is it possible to get loans for people under administration? That is the question people needing loans under admin want to hear a positive answer to, however in South Africa it is actually illegal to take out a loan while you are under administration. Please be extremely cautious when
