The lender's approval process may take longer due to additional documents being requested. © 2017 Solution Loans. All Rights Reserved. Credit: your rights to getting a loan. Many of us, fellow South Africans depend on getting loans for a multitude of reasons including: business expansions, financing of assets, providing for unexpected expenses, consolidation of other loans and personal finance relief.
It is therefore vital for you the consumer, to know your rights when getting a loan. Since there is a wide means of getting loans, there are just as many enterprises who supply the loans as those wanting it. When choosing a lender: The repayment options offered by the lender should be carefully looked through before signing a credit agreement.
Auto Finance Contributing Editor. Updated on 01262018. Payday and title loans give borrowers quick access to cash for a short time. With a title loan, lenders place a lien on a car owners car title in exchange for a loan. Payday loans are shorter term loans in which the lender essentially advances you one paycheck. Both payday and title loans are meant to be short-term solutions to help consumers get through a short-term financial crisis.
Call 0861 MONEY-O or 0861 666-390. Unlike some lenders or credit card providers, we wonвЂt keep extending your existing balance or encourage you to make minimum repayments. So please think very carefully before you apply, because we expect you to repay us when you promise to.
If you have any doubts or are unsure you'll be able to do that comfortably, please donвЂt apply in the first place. We offer flexible loans that keeps you in control. Responsible. We are serious about our commitment to responsible lending.
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