In a perfect world, it would be easy to pay for emergencies whenever they came up, without having to worry about budgets. The reality for many people however, is that many simply can’t afford to pay for financial emergencies when they come up. This is when having access to a personal loan can be quite helpful.
In South Africa, recent statistics show that fewer people are relying on banking institutions for access to personal loans. In addition to these loans, more people are opting for borrowing from family and friends as well as from micro lending institutions.
Lenders like MBC Fin are meeting some of the most urgent financial needs of individuals.
Tell me more about MBC Fin?
If you’re looking for a financial institution that provides affordable loans with easy repayments, MBC Fin may be the ideal solution.
In addition to personal loans, MBC Fin provides payday loans between R500 and R4000.
By choosing this institution, you get access to convenient financial solutions, with fixed repayment terms, which means that you can rely on consistent repayments.
There is minimal paperwork involved and there are also no unnecessary phone calls to be made during the application process. Instead, MBC Fin provides a simple online application.
As a National Credit Regulator-registered institution, MBC Fin is a reputable financial services provider that has been operating for over 14 years.
What does one need to qualify?
• Provide valid ID copy
• Provide latest payslip
• Provide latest 3 months’ bank statement
• Provide proof of residence
You can select the term of the loan as well, giving you flexibility. Interest rates are determined on an individual basis.
MBC Fin repayments are simple, giving individuals 1 to 12 months to repay.
Once you’ve been approved for a loan, you can expect the funds in your account within 24 hours. Service is speedy and convenient.
For more information about affordable loans from MBC Fin, visit www.mbcfin.co.za