Old Mutual has been a dependable provider of financial solutions to corporations and individuals for over 168 years. Its range of services cover financial planning and advice, investing for growth, investing for income, iWYZE insurance, retirement funding, retirement income, education planning, medical cover, life insurance funeral cover, disability insurance, debt counselling, wills, trusts and personal loans.
Ideals of providing flexible financial solutions have been fulfilled by products such as the My Money Plan and My Personal Loan options. My Money Plan gives clients the option of consolidating their debt and paying lower instalments, which essentially reduces finance charges and increases available cash. This plan offers clients up to R120 000 and a repayment period of 1 to 60 months.
My Personal Loan has been introduced by Old Mutual to address pressing needs, like paying for education expenses, buying a car, or home renovations R10 000 with 3 to 48 months to pay. Both loan products include credit life insurance.
Personal Loans are also divided into three offers. These include the Light Offer, Standard Offer and Branch Offer. The Light Offer product is an offer of a personal loan of up to R2000 over a loan term of 6 months. No documentation is required. Applicants need to simply fill in an online application and wait for an SMS from Old Mutual. Standard Offers come with personal loan offers of up to R50 000 over a maximum loan term of 48 months. Prospective clients are required to upload documents, fill in an online application and wait for a response from Old Mutual. The Branch Offer is slightly more complex, as it requires applicants to visit an Old Mutual branch with all supporting documents. Qualifying applicants can get up to R100 000 of finance over a maximum term of 48 months.
Contact Old Mutual and speak to a consultant about loan options available to you by calling 0860 000 886.