Loans from Old Mutual can be a viable option for getting cash for individuals. Unscrupulous lenders have scammed one too many people. Old Mutual strives to counter these activities by helping ordinary South Africans to be able to gain access to loans.
South Africans have a much wider range of options to choose from when it comes to lending solutions. Old Mutual Loans are tailored to meet individual needs and factor in individual financial circumstances.
Old Mutual Finance provides personal loans and debt consolidation solutions.
This is Old Mutual’s debt consolidation solution. You are able to pay a lower instalment with this option. This plan helps individuals to reduce their finance charges and to increase available cash. Up to R150 000 is provided with a repayment term of 1 to 60 months. Multiple debts can be merged into a single monthly instalment.
This personal loan solution is ideal for meeting needs such as renovating your home, buying a new car or paying for medical expenses. Up to R100 000 in finance is provided with a flexible repayment term of 3 to 48 months. Credit Life Insurance is included in the loan amount, which ensures that loans are paid off in the event of your death, permanent disability or critical illness. Interest rates are fixed, giving you the benefit of having a consistent instalment to pay on a monthly basis. Changes to the prime interest rate won’t affect your instalment.
What are the requirements for application?
- Be older than 18 years
- Have a valid South African I.D.
- Provide a current payslip
- Provide 3 consecutive bank statements
- Be employed in your current job for at least 12 months
Contact Old Mutual on: 0860 000 886 and enquire about Old Mutual Loans today.