Absa Loans are ideal for providing help when you’re in a financial fix. Absa Bank, now forming part of the Barclays Group, offers clients a range of quality financial products and services. Among this suite of products and services are the Absa Loans.
These loans are short term and are ideal for when you need an immediate financial boost. With Absa Express Loans you get access to cash from R1500 up to R8000, which is repayable within 30 days. Repayment terms are also extended to 3 o 6 months. To qualify for this loan you need to earn a monthly income of at least R1500 per month.
These loans are ideal for long term financial needs. This could be medical expenses or paying for home renovations. You could qualify for loans from R3000 up to R150 000. Repayment terms are a reasonable 12 to 84 months, which is much longer than what many other lenders are willing to offer. There are no penalties for early repayment.
This service gives clients access to cash any time they need them. As a client, once you have paid an initial amount, you can then access funds. To qualify for this loan you must earn over R8000 per month. Clients benefit from a fixed interest rate as well as not having to re-apply for a loan when they need access to funds. Clients are given access to R15 000 or more.
This is an Absa Loans facility that allows you to borrow money that exceeds the money you actually have in your bank account. It’s available to clients earning more than R3000 per month. It’s always advisable to repay the overdraft as soon as possible because interest is charged daily.
Offering a minimum of R250 and a maximum of R3000, these are payday loans made available to Absa account holders. Clients have 35 days to repay and the loans are interest-free with a once-off 10% administration charge. Once approved, clients have immediate access.
Contact Absa by calling: 0860 100 372.