South Africans have been facing an uphill battle in recent months as the economy has gone downhill in many ways. Households have less disposable income and more people are having to borrow just to stay afloat each month.
The good news is that banking institutions are no longer the only options for getting access to finance, but there are a number of micro finance institutions that offer a range of services. According to Old Mutual’s latest Savings and Investment Monitor Report, there has been a sharp decline in the number of people seeking loans from banks. Statistics also show that the majority of loans applied for are for loans less than R6000.
For individuals looking for access to flexible loan solutions, Atlas Finance may be just the right lender.
With over 160 branches, Atlas Finance was founded on 1994 by Jack Halfon. A registered financial services provider, Atlas Finance provides personal loans of up to R8000 at affordable interest rates.
Specialising in providing flexible loan solutions, Atlas Finance gives clients 6 months to repay.
Tell me more about Atlas Finance?
The application process is easy and can be completed online.
If you qualify, the loan is paid out to you, directly into your bank account.
Once you have qualified, you have the freedom to use the loan however you wish.
The loans are unsecured, so no collateral is required.
Additionally, you get the option of a top up loan should you need extra cash.
What are the requirements?
- You need to be at least18 years old with a valid South African I.D.
- You’ll also need to provide details of a valid bank account as well as current proof of residence.
Fill out an online application form.
If you’re looking for a convenient financial solution, Atlas Finance may offer what you need. Loans are provided to individuals who can afford to make repayments comfortably.