South African consumers have a wide array of options to choose from in terms of personal loans nowadays. With the amendment of the National Credit Act in 2007, more micro lenders are able to provide services to individuals who may not always be assisted by traditional lending institutions such as banks. Micro lenders offer individuals more benefits than banks in certain instances. Moneystar Finance is an institution that specialises in the provision of short term loans. Additional services provided by the institution include cellphone contracts as well as insurance.
Tell me more about Moneystar Finance Personal Loans?
Short term loans from R500 to a maximum amount of R15 000 are provided. Clients are given up to 18 months to repay the full loan amount.
Moneystar Finance is a reasonable lending house. The entity understands the challenges faced by individuals with credit records adversely affected by unplanned circumstances. Blacklisted individuals are also welcome to apply for this loan service. They may have a chance of improving their credit rating in the process.
Moneystar Finance is NCA-compliant however, so they will only ever lend to individuals who are able to afford to make repayments comfortably on a monthly basis. An affordability assessment will be conducted prior to any lending.
All loans from Moneystar Finance include a credit life protection plan. This insurance provides cover for unfortunate events such as death, retrenchment, critical illness or disability.
To apply for Moneystar Finance personal loans, visit their website here: www.moneystar.co.za
To contact them, call: 0861 66 63 97 or simply send an email to: email@example.com