Absa Bank provides clients with a variety of loan solutions to help clients meet all their needs. Each individual is unique and accordingly each financial situation is unique. Each individual has their own financial goals to meet. Whether this means improving their credit rating by consolidating their debt, or furthering their education, these needs can be met with the help of Absa Loans.
Absa gives clients the option of consolidating their debt into their Absa Credit Card. This way, clients are able to make one payment per month instead of multiple repayments to various creditors. Repayments are between 18 and 48 months.
These loans are ideal for taking care of unexpected circumstances. An emergency medical bill or a geyser that needs to be replaced can be paid for with an Absa Express Loan. What’s even better is that you get access to instant cash and there are no formalities when applying. This is a payday loan solution, so it is repayable by your next payday. You can get access to cash between R1500 and R8000 with Absa Express Loans.
You can get much higher loan amounts with this solution. You are able to get access to finance between R3000 and R150 000 with a longer repayment period. These Absa Loans are repayable within 12 to 84months and can be used to meet your short or long term needs.
These loans give you the option to re-borrow some of the money you have already paid off. You can benefit from having a fixed interest rate as well as not having re-apply again when you need more money. This way you have constant access to cash when needed.
To qualify, you need to earn more than R3000 per month. This facility gives you the ability to withdraw money that exceeds the zero balance in your account. Interest is charged daily, so it’s wise to repay it as soon as possible.
Visit www.absa.co.za for more benefits of Absa Loans.