It’s common knowledge that most people prefer a personal loan compared to any other type of loan; the reason being that personal loans are unsecure and can be processed within a short period of time. Though personal loans are subject to high interests, consumers prefer them simply because there have fear of losing property. The rise in demand for personal loans has witnessed many financial services providers competing for customers in order to serve them with this kind product.
CBT, a South African micro-financial firm, is one such company that provides personal loans of up to R230 000 at affordable rates which suit the needs of South Africans. The firm only requires 4 or 5 days to process your loan; clients who do not get a response within this period should consider their applications unsuccessful.
You should bring the following documents if you need to apply:
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Payslip
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Bank statement
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Proof of residence
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Copy of ID
Applicants who do not have proper documentation should alternatively use the No Documentation personal Loan application which can be accessed on the website. Clients should take note that terms and conditions apply and offer is subject to credit approval.
How to submit your application?
You can fax your documents to 086 632 4954 or alternatively email to online@cbtafrica.co.za