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Nedbank Personal Loans (Review)

Due to huge number of requests from our loyal subscribers we are going to be reviewing Nedbank personal loans today and giving you an overview on how to apply and what they offer in terms of their personal loans.

Nedbank has been one of the top 4 banks in South Africa for many years now and they continue to grow and offer innovative products, not only in terms of their personal loans, but also their banking products and service offering.

So let’s get started on their product offering in terms of loan offerings. They offer loans anywhere from R1 000 –  R200 000 and have flexible repayment periods, from 12 to 60 months.

To apply for a personal loan with them you can basically just visit their website and apply online or you can give them a call on their customer care number to find out more and what they requirements exactly are in order to complete your application.

They do state that the application process is straight forward and that they provide you with a customised interest rate. This is great news, since the interest rate that you will be given will play a major role in your monthly instalments and especially going forward, if it is linked to the prime lending rate. These are all details that you do need to find out and discuss with Nedbank before you sign-up for your personal loan with them.

In order to apply you need to be employed or at least have a contract period of employment. Self-employed individuals are not allowed to apply.

Then you do need to earn a salary of more than R2000 per month and your salary need to be deposited into your bank account monthly.

For finer details on the personal loan process as well as the application process, do visit their website or go into your nearest Nedbank branch to find out more.

We will be following them closely and keeping our subscribers updated on any news developments and product offerings that might be launched from Nedbank.

Standard Bank loans (Online Application)

More and more people seem to be looking at Standard bank loans in closer detail, due to their amazing product and service offering.

They have been offering great products over the last couple of years and we are going to be looking in closer detail at their personal loans and what they offer consumers.

Standard bank offers fixed minimum monthly repayments and offer a wide range of personal loans options that will suit your needs perfectly.

Whether you need it for emergency funds or to do renovations on your home, they will be able to provide you with a solution that will suit your needs and pocket.

One great feature they have stated on their website is that there is no early cancellation fee, if the loan is paid off earlier than the specified time-frame.

That is a great feature to enable consumers to pay off the loan sooner than expected, that will help them save on interest added on the capital borrowed.

Their website is also very user-friendly and you are able to apply online for your personal loan, by simply completing the application form in their website.

Not only do they have a great website, mobile site and app, you can also contact them directly via their national call centre to find out more about the loan options.

We will be following them closely over the next couple of months and bring you all the latest news and reviews related to their loan options.

Hopon Loans South Africa

Hopon Loans have been around since 2015 and they are part of the Izwe loans that have been in South Africa since 2004. They have been doing extremely well and currently have offices in various African countries that include Ghana, South Africa, Zambia and Kenya.

Through Hopon loans you are able to apply on a loan with them for as much as R20 000 and you can view exactly how much you need to repay by selecting the repayment months in die sliders listed on the website.

After you find a suitable fit for your budget, you can view the total amount you need to repay, which will be your loan amount plus interest over time.

So why choose Hopon Loans?

As mentioned above, they are part of a large group and have been around for a while now.

You can also contact them at any time with questions or comments regarding the application process.

They offer a pure digital solution and this enables anyone who does need a loan, to apply online anywhere and at any time.

Click here to visit their website and apply online.

 

What do you need to apply with Hopon Loans?

1. You need to complete the application form correctly with all the relevant information.

2. Secondly you need to send them 3 months bank statements once completed.

3. Thirdly you need to agree to the terms and once the loan is approved, you funds get transferred to your account.

The application process could not be easier and if you are looking for a bit of larger loan that you general smaller companies, be sure to contact them to apply online for a loan up to R20 000. Remember to make sure that you are able to afford any loan before applying for one, since you do not find to find yourself in financial difficulty a few months down the line.

Be sure to check back soon for more news and reviews on various loan companies in South Africa.

Capitec Loans – Up to R250 000

Due to the high number of questions we have been receiving, we are going to be looking at capitec loans in more detail and doing a quick summary of what they offer and how people can apply for a loan with them.

Capitec has been around for a while now and their personal loan offering is probably one of the best currently available in South Africa. They basically offer loans up to R250 000, that vary in terms from 1 – 84 months.

The money will also be deposited immediately in your savings / transaction account upon approval with them. You will also then have fixed monthly repayments, which makes it very easy for anyone to budget accordingly in the monthly budget to accommodate the repayment.

With their newly revamped website that are extremely user friendly, you apply online with them or give them a call to discuss your requirements and how they will be able to assist you. You simply visit their website or give them a call on 0860 10 20 43.

Their rates and fees are also available right on their website, so you can have a look in detail and then make a calculated decision on whether you would like to apply for Capitec loan or not.

Please remember to always make sure that you are able to afford any loan before applying for one, otherwise you might find yourself in debt if you aren’t able to do the monthly repayments on the loan as stipulated.

They have got various flyers listed on the website that you are able to view as pdf files, in various languages, that will enable you to get a better understanding of the loan process and what a loan with them entails.

We will be following them closely and bringing you all the various loan options that they have and discussing them in details. Be sure to check back.

RCS Personal Loans | Online Application

We are going to be examining RCS personal loans today in closer detail and we will looking at their product offering as well and examine how easy it is to get in touch with them with any queries or to apply online.

We would first like to give them a big 5 stars for their website in terms of design, ease of use and general layout.

We found their website to be very efficient and they make it very easy for anyone to apply online or to contact them to find out more about their personal loans and what you need in order to apply with them.

RCS offers loans from between R10 000 up to R125 000 and they state on their website that cash can be in your account within 24 hours.

We haven’t personally applied for a personal loan with them, so we can’t verify and we are just mentioning this in relation to what is stipulated on their website.

They also offer 12-60 months to repay the loan and this gives their clients the flexibility to make sure that the repayment is worked into their budget and that they indeed can afford the personal loan.

We will be following them very closely in the coming months, so be sure to check back to get all the latest news and reviews related to RCS.

Personal Loans Review – 2016

We are going to be looking at all the various types of personal loans currently available in South Africa and we will be examining all the various banks like Capitec, Nedbank, Absa and Fnb.

When looking at the most popular searched items in terms of personal loans, you will see that Nedbank personal loans are one of the highest searched items in South Africa in the last 3 months. We will be looking at them in closer detail, but for now you are more than welcome to look at our review on Nedbank by visiting on the page listed in recent posts.

Fnb personal loans and Absa personal loans are very close behind Nedbank in terms of searches online and we can see that they are as popular with consumers in terms of personal loans. Again we will be looking at them closely in the coming weeks, but for now you are more than welcome to read through the online review we did about Fnb loans.

Absa is also a very highly searched term and that is why we did an online review of their loan offerings as well. Please read through what they offer in terms of their loans.

We are constantly going to be adding reviews and news related to personal loans in South Africa and you can view this website as your number 1 source for all the best online reviews for personal loans in South Africa.

We always clearly state that we do not offer personal loans ourselves and only provide objective reviews related to the various banks and companies offering these services and we always urge our readers to make sure that they are able to afford a personal loan, before they apply.

Capitec Personal Loans

One of the most eagerly awaited reviews from our users has surely been for Capitec personal loans and today we are finally getting the opportunity to provide our readers with this review.

Capitec is probably one of the youngest banks in South Africa, but they have surely made allot of the bigger banks sit up straight and look at their personal loan products in closer detail.

Capitec personal loans offers personal loans up to R250 000 with their maximum repayment term being 84 months or 7 years. It basically states on their website that allot of factors play a role in determining what you will be able to qualify for and what repayment term you will receive. Factors that they will look at include your credit profile and affordability.

Something that we saw that really impressed us is that they do offer more detail about their personal loans on their website and they have it available in various languages. These languages include Afrikaans, English, Xhosa and Zulu.

They will need all the basic relevant documentation with your personal loan application that will include your identity document, proof of residential address, latest salary slip and 3 months of bank statements. Through their assessment, they will be bale to comb through your financials to determine if you will be able to repay the loan and how much they will be able to borrow to you. If you are self-employed, you will unfortunately not be able to apply for a personal loan with Capitec.

More and more people are starting to move to Capitec since their banking costs and some of the lowest in the market and their service is of very high standard and we can’t wait to see what only personal loan products they are going to present next to the market. We will be following them closely and will keep all our users updated on the latest news and reviews. With such great personal loan options, we will surely be looking at them next time we are in need of a personal loan.

If you do want to apply for a personal loan with them, you can do so online or visit your nearest branch to find out more.

African Bank Loans

Today we are going to be looking at African bank loans in closer detail and looking at their product offering as well as ways to contact them to apply for a bank loan.

Before we delve into their loan products, we just need to step back and look at African bank as a whole. They were recently in the news and had some internal problems due to the fact the there was an issue with the amount of loans they were giving to customers. Since then they have recovered very nicely and now seem to back on track and offering responsible lending to a wide array of customers across South Africa.

African bank loans vary from R500 up to R150 000 and offer the customers’ repayment term sup to 60 months or 5 years. They offer very convenient repayment options, which include debit orders from your bank account, thus making it easy to monitor and track your repayments.

You can easily contact them via their national call centre or you simply apply online on their website, buy completing the online application form. Another option is that you can simply your nearest branch and apply within the bank for your loan.

To apply they will require that you bring along or provide them with your identity document, latest payslip, one month’s bank statement and proof of residence. Please note as with a proof of address, you do an account that states your name and physical address very clearly and should not be older than 3 months form the current date.

If you are looking for bank loan, then be sure to contact them to find out more about their loan products and what they offer in terms of repayment instalments as well as credit cover in case something do happen like a disability or anything of that nature.

There are still some financial institutions that do offer great repayment rates, so be sure to enquire about this when speaking to an African bank consultant about your loan application. We will keep you updated on any updates related to the bank loans and be sure to check back soon to read all the latest reviews.

Absa Loans

Today we are going to be looking at Absa loans in closer detail and giving all our loyal readers an overview of their products and how you will be able to contact them to apply for a personal loan.

Absa Bank is one of the top 4 banks in South Africa and they have over the years grown to be one of the biggest banks nationally, with branches in all the major towns and cities throughout the country.

We currently do have bank accounts with them and we have experienced amazing service through their call centre and online banking side of their business. They off course also offer personal loans and we are going to be delving a bit deeper into their offering.

They offer personal loans from R3000 up to R350 000, with repayment terms up to 72 months or 6 years in easier terms. They also offer very competitive interest rates and you can discuss this with them in more detail once your application has been processed.

One of the great benefits of applying for a loan with Absa, is that they offer you the opportunity to repay the loan faster through additional payments that you can do and thus giving you the best chance to lower your interest on the loan. If you need extra cash, you can then also apply for additional funds and take out a credit protection plan, which will protect your loved ones if you do pass away or become permanently disabled. We recommend that you speak to one of their consultants to find out more about this option, once your loan is approved.

You can apply online by calling their helpline, or you can simply visit one of their many branches to speak to a consultant to apply for the personal loan you require. Another option is that you can apply online and you simply visit their website to apply online for your Absa Loan. You simply need to state if you are an existing customer or want to become a new clients of theirs.

We will be following them very closely over the coming months and will keep all our loyal subscribers updated on the latest loan offerings and news related to their loans.

Personal Loans

Welcome to Personal Loans and here you’ll find a variety of information resources on loan companies like Wonga (wonga.com), Loan Finder SA etc and here you’ll find links on loans, short term loans and payday loans. When looking for a personal loan company it is important to note that you must always read the terms and conditions very carefully to be sure that you are able to pay the monthly instalment.

The worst thing you do is to borrow more money and not be able to repay the loan company. We provide links to a variety of companies offering loans and feel free to look at their product offering and what the repayment terms are. With the current economic climate, there are allot of loan companies offering loans, but be sure to sign up with the best company offering you competitive repayment terms. Personal Loans are basically loans that people apply for and generally can repay relatively quickly.

Now with personal loans, again there are so many companies currently offering this service and it gets quite tricky to determine which offer to go for.

With allot of focus being placed only on banks regarding online loans, the smaller loan companies are benefitting from this and some of the smaller companies have seen their client base increase due to higher demand for personal loans. To apply for a loan these days are very easy and one of the easiest website is Wonga, whereby you can determine how much you need through sliders and then apply for your loan online and get approval within hours.

The way people apply for loans are just going to get easier and easier and for anyone looking for a loan, you will find the best links on our website and we will be adding and updating the website on a daily basis, to make sure you get the best personal loan deals. Also feel free to subscribe to our mailing list to make sure you don’t miss out on loan updates and specials.

What we recommend you do is to look at the following:

– How long has the loan company been in business?
– What are the repayment terms and conditions?
– Working out exactly what you monthly instalment will be?
– What happens if you aren’t able to pay your monthly repayment fee?

These are the questions that you should be asking your potential loan company before signing up with anyone and determine if you will be able to make payment each month.

When looking for a loan company it is important to note that you must always read the terms and conditions very carefully to be sure that you are able to pay the monthly instalment. The worst thing you do is to borrow more money and not be able to repay the company.

We have been receiving allot of great comments and feedback regarding our website and we would like to thank everyone for their support. We have been overwhelmed with the great feedback regarding information on personal loans and as we continue to grow, we urge everyone visiting our website to please like us on Facebook to receive the latest personal loan news and updates.

We have been offering only links to the best loan website online in South Africa and will continue to only offer you the best advice and links. Loans are a growing industry and with some many options starting up, you need advice on getting that personal loan form the best company out there. It doesn’t Matter if you require a large loan or an instant loan, we will be here to assist you in your quest to get a loan.