Woolworths is a brand often associated with excellence and quality. With the introduction of the Woolworths Personal Loan, the organisation aims to offer the best in financial services.
The Woolworths Personal Loan comes in two forms, namely:
- Revolving Personal Loan
- Fixed Term Loan
Revolving Loan:
This facility is convenient for clients as it gives them the ability to re-borrow money that has already been paid back towards the loan. The loan is coupled with a repayment period of 12, 24, 36, 48 or 60 months – allowing clients to have a fairly reasonable amount of time to reimburse the institution. With this option, Woolworths gives clients the opportunity to withdraw a minimum amount of R100 and the loan can increase in multiples of R500. A variable interest rate is charged and there are low monthly service fees. There are no initiation fees. You can expect to have cash within 48 hours. Another benefit provided by this loan is that Woolworths won’t charge you any penalty fees for early settlement.
Fixed Term Loan:
This offering by Woolworths gives clients between 12 and 60 months to repay the loan amount. Repayments are fixed, thus allowing clients to be able to budget better. Interest rates are fixed throughout the duration of the loan term. Similarly to the revolving loan solution, once you have a settled the loan, you have the opportunity to re-borrow the funds. This saves you the hassle of having to re-apply for another loan. You won’t be charged any penalties for settling the loan early and you have the benefit of low monthly service and initiation fees.
What do you need to qualify for a Woolworths Personal Loan?
- Be 18 years or older
- Have a valid South African I.D.
- Be permanently employed
- Earn at least R2000 per month
- Have an active bank account into which your salary gets deposited
Balance Protection Insurance is offered, which covers your loan balance in the case of death, permanent disability or critical illness.
Apply for the Woolworths Personal Loan by calling: 0861 50 20 10.
Woolworths Personal Loan
Woolworths is a brand often associated with excellence and quality. With the introduction of the Woolworths Personal Loan, the organisation aims to offer the best in financial services.
The Woolworths Personal Loan comes in two forms, namely:
- Revolving Personal Loan
- Fixed Term Loan
Revolving Loan:
This facility is convenient for clients as it gives them the ability to re-borrow money that has already been paid back towards the loan. The loan is coupled with a repayment period of 12, 24, 36, 48 or 60 months – allowing clients to have a fairly reasonable amount of time to reimburse the institution. With this option, Woolworths gives clients the opportunity to withdraw a minimum amount of R100 and the loan can increase in multiples of R500. A variable interest rate is charged and there are low monthly service fees. There are no initiation fees. You can expect to have cash within 48 hours. Another benefit provided by this loan is that Woolworths won’t charge you any penalty fees for early settlement.
Fixed Term Loan:
This offering by Woolworths gives clients between 12 and 60 months to repay the loan amount. Repayments are fixed, thus allowing clients to be able to budget better. Interest rates are fixed throughout the duration of the loan term. Similarly to the revolving loan solution, once you have a settled the loan, you have the opportunity to re-borrow the funds. This saves you the hassle of having to re-apply for another loan. You won’t be charged any penalties for settling the loan early and you have the benefit of low monthly service and initiation fees.
What do you need to qualify for a Woolworths Personal Loan?
- Be 18 years or older
- Have a valid South African I.D.
- Be permanently employed
- Earn at least R2000 per month
- Have an active bank account into which your salary gets deposited
Balance Protection Insurance is offered, which covers your loan balance in the case of death, permanent disability or critical illness.
Apply for the Woolworths Personal Loan by calling: 0861 50 20 10.