There may be many reasons why you want to apply for a personal loan. You can use this for unforeseen expenses like medical bills, or to repair your vehicle. You can also use this to take family holiday or to do repairs to your home. There are various types of loans available and it will depend on your financial needs as well as your credit profile and other financial aspects.
Clientele loans offers personal loans of up to R120,000 and you can apply online by filling out the simple form and having a consultant phone you back. You can also complete an online application to get an outcome immediately. There is also a handy loan calculator available so that you can know what your monthly instalment will be for your loan.
Applications are in the application process is very easy and you can also apply telephonically, seven days a week. This means no face-to-face interviews are needed and the loan amount is paid directly into your bank account.
Some of the requirements of personal loan include:
- You have to be 18 years or older.
- You have to be a South African citizen.
- You have to earn a minimum salary of 2500 frames per month.
- You have to have a clear credit record.
- You need to have your ID and bank account details ready when you apply.
When you take out a clientele personal loan. You will also benefit from a personal protection plan that will enable your outstanding loan balance to be settled, in the event of permanent disability or death. You will also benefit from the temporary disability and retrenchment policy that will cover your premiums for up to 6 months.