Since opening its first store in 1929, Edgars has grown to become one of the most established retail stores in South Africa. Renowned for quality products, Edgars has become a reputable brand. In addition to providing customers with quality products and services, Edgars offers a range of financial services as an added value service.
One of these services is the Edgars Personal Loan.
The loans are available to the group’s 4.2 million account holders.
Tell me more about the Edgars Personal Loan Application?
The loan is unsecured, so there is no need to put up any assets as a form of collateral.
Edgars is s registered credit provider and is fully compliant with the regulations set by the National Credit Act. The organisation welcomes the early settlement of loans, so there are no penalties charged.
Loans are offered at a fixed interest rate, so loan instalments are consistent every month. Loan amounts are not affected by fluctuations in the prime interest rate.
Individuals have the option of a top up loan after 6 months.
There are no restrictions on how you can use the loan. Use it to pay for school fees, for rent for the month or even for home renovations. The Edgars Personal Loan is an ideal solution for giving you money to spend on things you like. You can also use it for a family emergency or paying for an unexpected medical bill.
To apply for the Edgars Personal Loan, you need to be at least 18 years of age, with a clear credit record. You also need to earn a gross monthly salary of R4000 or more.
You need to provide the following:
- Latest payslip
- Latest 3 months’ bank statements
- Proof of residence
- Valid South African ID
Visit www.edgars.co.za or call 0860 692 274 to find out more about the Edgars Personal Loan Application.