Sometimes people come across financial difficulties where they need money as soon as possible without the hassle of going to a branch or dealing with a lengthy application process. 123 Cash Loans, like the name suggests lends money to clients in three easy steps and through a quick online application process. This offers clients convenience and the ability to apply for financial assistance from the comfort of their homes.
Depending on the client’s financial needs, they can apply for an unsecured personal loan of up to R20 000 which is payable between one and 12 months. Clients looking for a smaller loan can apply for a payday loan which is payable within 30 days. 123 Cash Loan’s interest rate is a flat rate of 5% per month which complies with the National Credit Regulator. Included in the client’s instalment is the capital, an initiation fee of R150 and a service fee of R50.
123 Cash Loans strives for excellence and always ensures their clients’ satisfaction which is why they respond to clients within an hour of applying and make payments within an hour of receiving all signed documentation. Documents required from clients include proof of residence and income, three months’ bank statements and ID copy.
Once the application is successful a quotation is send to the client and payment is made into the client’s account via EFT or by means of a SASWITCH card and pin which can be used at any point-of-sale or ATM. 123 Cash Loans require clients to be permanently employed with their current employer for at least 6 months. Blacklisted clients are also welcome to apply as long as they are not under debt review or administration order. Clients are also required to inform 123 Cash Loans should they change employment or banking details prior to their payday.
By visiting www.123cash.co.za clients can fill in the online application form or click Contact Us and a financial consultant will call them back to complete their application. For a speedy application process clients can e-mail all relevant documentation to firstname.lastname@example.org or fax it to 021 421 0494. 123 Cash Loans has no renewal policy, however existing clients can apply for a new loan when they have paid all monies due to 123 Cash Loans. To get further information or to make a telephonic application, clients can call 021 421 0488.