Personal Loans
Jumat, 08 Februari 2008
Overcome your cash flow problems
We all experience those times in which you urgently need cash – for unexpected accounts, a medical crisis or when you decide that dream holiday cannot wait any longer.
You can even consolidate your retail accounts or credit cards and improve your cash flow; pay off any ourstanding balances completely, choose a longer repayment period, and you could find yourself left with a single, more manageable monthly payment.
Sanlam Personal Loans now gives you the opportunity to take out a short-term personal loan to overcome these kind of crises. And the best of all is that there is virtually no paperwork involved – the entire process can be completed over the phone.
Phone us if you earn a regular monthly income of at least R3000 and have a clean credit record to find out what size loan you may qualify for. You get an answer back within hours, and if we approve your application, the money will be transferred to your bank account the very next working day.
For your peace of mind we offer an optional Personal Protection Plan, which settles your outstanding loan balance in the event of your death, permanent disability or certain dread diseases. It also provides limited cover in the event of temporary disability and should you be retrenched, your monthly payments will be covered for up to 6 months. This plan is optional and will not affect the outcome of your loan application.
The smartest, fastest financial solution
The Sanlam Personal Loan is an easy-to-understand, straightforward loan, you can choose to apply for any loan amount from R4 000 to R30 000, in increments of R1 000 - and a repayment period that suits you - from 2, 3, 4 or even 5 years. And because your repayments remain fixed for the full term of the loan, you won't have to worry about a rise in interest rates: you'll know in advance exactly how much to budget for each month.
Our professional Client Service Representatives can advise you on all your options when you call.
We try to accommodate all requests, but ultimately your final loan amount will be based on your personal financial profile and subject to credit approval.
Interest rates are subject to the regulations of the National Credit Act no 34 of 2005, and will vary according to your personal circumstances and financial profile. Currently rates vary from a minimum of 18.5% per annum to a maximum of 24.5% per annum (compounded monthly). All loans include a monthly service fee.
Sanlam Personal Loans are administered and managed by DirectAxis, an authorised Financial Services Provider.
