Online Money Loans are loan originators with a goal of providing services to all South Africans. The institution provides quality services with the help of technology. Voice recording and data-driven applications and risk management are tools used by Online Money Loans to provide quality services.
What can I get from Online Money Loans?
Personal loans of up to R15 000 are offered with flexible repayment terms. Online Money Loans gives clients a reasonable amount of time to repay without causing too much strain on their pockets.
As a blacklisted individual you can apply for Online Money Loans services. There are no credit checks.
The institution relies on individual affordability when deciding on whether to grant a loan or not. Online Money Loans is an NCR-compliant entity, so they will not provide loans which will leave individuals over-indebted.
What are the requirements for application?
- A valid South African I.D. signed by you
- Provide a copy of your most recent payslip
- Provide 3 months’ bank statements (stamped by the bank)
Once you qualify and are approved, you can expect to get the cash within 24 hours. The amount will be deposited directly into your bank account.
A debit order arrangement will be made with Online Money Loans and loan repayments will be deducted from your account every month on a selected date for the duration of the loan.
You can use the loan amount however you wish. You can use it to pay for your tertiary education costs or for renovations on your home. Pay for funeral arrangements or for your wedding party. The choice is completely yours.