The South African financial industry is growing and offers consumers a wide range of choice when it comes to getting cash loans. While in the past, traditional lending institutions such as banks were relied upon to get finance for a range of short term needs. Nowadays however, individuals are relying more on micro lenders, following a greater influx of these lenders into the industry.
Having access to cash loans is something that has become much more valuable in recent times. Rising food costs and expensive fuel has forced many people to rely on credit to be able to make it through the month.
Many reputable lending institutions are also adapting to the changes in the financial industry climate.
Old Mutual:
Through the Old Mutual Personal Loan, this lender has designed a solution to help you regain dignity through financial peace of mind.
Light Offer:
This is a personal loan of R2000 which is repayable over a loan term of 6 months.
The application process is quick and can be completed online here: www.oldmutualfinance.co.za
You will be able to simply upload your most recent payslip and bank statements with at least 3 consecutive monthly salary deposits.
Contact Old Mutual by calling: 0860 000 886
Cobol:
Trusted by thousands of South Africans since 2006, Cobol provides safe online systems to give South Africans easy short term loan solutions.
Loan amounts of between R500 and R3000 are offered, with a flexible repayment term of 6 months. After applying online you can expect approval in minutes and Cobol strives for same-day pay-outs.
To qualify, you need to be a South African citizen with permanent employment. Once you qualify and are approved, the amount is paid directly into your bank account. Repayments are collected via monthly debit order.
To contact Cobol, call: 021 421 8811
Visit their website here: www.cobol.coza
