Woolworths is undoubtedly one of South Africa’s foremost brands. Having distinguished itself from other retailers by providing unmatched quality products and services, it has continuously reinvented itself without losing its appeal to the masses. It has recently created another useful way for its clients to obtain assistance when most needed. Woolworths Financial Services have expanded the institution’s service range to include Woolworths Loans.
Offered in the form of Woolworths Credit Cards, a Revolving Credit Plan as well as a Personal Loan, this form of credit may be useful to clients for fulfilling some financial obligations they may have or cover unexpected monthly expenses.
Woolworths Credit Cards:
The pitfalls of having a credit card are often widespread, but this credit facility should be lauded for its usefulness when used correctly. The Woolworths Credit Card can help you transact or buy even when you do not have cash. Available in Silver, Gold or Black packages, credit is offered to creditworthy clients according to their affordability.
Revolving Credit Plan:
This plan allows you to borrow back the amount you have already paid towards your actual loan. There is no need to re-apply to get this loan, so there is no initiation fee payable again.
Personal Loan:
This facility is offered with low monthly service and initiation fees. With this loan, you are given the flexibility to increase your limit if needed. You are also given an ample period of 60 months to repay and there are no penalties for early settlement.
Who qualifies for Woolworths Loans?
Individuals who are at least 18 years or older, with a valid South African I.D. may qualify for this service. You need to be permanently employed, earning a salary of at least R2000 per month with an active bank account.
Once approved, the cash is paid out within 48 hours and a variable interest rate is charged.
To find out more about Woolworths loans, call: 0861 502 010 or visit www.woolworths.co.za.
