Personal Loans have become very popular over the last couple of years and is one of the fastest growing finance markets in South Africa and there are a few key players in the industry. One personal loan provider that have come to the forefront with allot of new business is Wonga. Wonga personal loans offer people instant loans up to R3000 and they can determine when they want to repay the loan.
Another big player is Loan Finder that offer larger personal loans up to R150 000 and we have had allot of great feedback regarding their option and service. People get personal loans for a variety of reasons and this have caused a few people allot of drama, due to the fact that they can't afford to get a personal loan, but most do budget for the personal loan repayment and this generally works very smoothly and have assisted allot of people with that extra monthly expense.
You must always be sure that you can afford a personal loan otherwise you might find yourself deeper in debt that you were before you started.
For anyone looking for a personal loan, do your homework and try and find out as much as possible about the personal loan company before you sign on the dotted line. Also look at the fine print in great detail and ask as many questions as you desire, to make sure that you cover yourself completely.
With an ever increasing demand for personal loans, more and more personal loan companies are popping up and we have through our experience only listed a few that we feel offer great service and personal loan options.
Be sure to look at the personal loan company you choose in great detail, to determine what your final repayment will be as well as any additional costs that you might not be aware of. Please feel free to browse around on our website that offer loads of information on personal loans and watch this space for the latest personal loan updates.