Absa ATM Loans:
Short-term in nature, these loans normally come with repayment terms of 31 days. Clients can get from R1500 up to R8000 in funds directly from Absa ATMs. They also offer an easy way of finding out whether one qualifies for a loan and of getting a loan. If paid back within a month, no interest is charged. Qualifying individuals need to earn a minimum of R1500 per month and must pay an initiation fee. No application papers are required and once approved, clients get immediate access to funds.
Absa Personal Loans:
These loans are more long-term and offer from R3000 up to R150 000, with flexible repayment terms and competitive interest rates. One of the best ways to finance needs, these loans have easy application processes. Clients can get access to funds within 24 hours from the moment of approval. Individuals earning R2500 monthly, with a good credit profile may qualify.
Absa Revolving Loan:
This gives clients access to a facility that allows you to get access to funds that they have already repaid back; provided they have paid back at least 15% of the initial loan amount. The loan can be on-going without any monthly repayment increments and the benefit of no re-applications. This loan is available to those earning at least R8000 a month. Individuals can apply for a loan of up to R15 000.
Absa Student Loans:
These loans are useful for covering costs such as school fees, textbooks, equipment, etc. Students can only repay the loan amount once they have completed their studies, but the interest rate for the loan must be paid back during the years of study.
Enquire at any Absa branch or call 0860 100 372 or visit www.absa.co.za.