Cherry loans is an online broker that assists people in obtaining loans all across South Africa. We offer our clients three types of loans namely:
- Pay Day Loans
- Personal Loans
- Long Term Loans
At Cherry Loans we make it easy for you as one of our clients to obtain a loan through our online platform that consists of a large number of licensed direct credit providers in South Africa who are more than competent in finding you the perfect loan that is best suited to your circumstances. Our online service is free and very efficient. We give you a comparison of up to 6 different lenders within seconds and further provide you with a credit provider that can assist you immediately. Some of our lenders may request an admin fee to prepare your application.
Here are some reasons why you should consider a loan with Cherry Loans:
- 8 out of 10 people find approval with us.
- If you are blacklisted we can help you find a lender that is willing to approve your loan.
- The cash that will be given to you can be used for any reason according to your circumstances.
- Our service is quick and easy; it will take only 5 minutes to apply and you are likely to get the loan amount on the day that you apply.
Always remember that you should not:
- Take out a loan if you know that you will struggle in repaying it.
This is very important because should you not be able to pay for the loan that you have taken out it will reflect badly on you and the lender will most likely take legal action against you and this will make it even more difficult for you to take out a loan in the future. Should you not pay your credit provider at the time agreed to by both parties; you may have to pay a collection fee as well as interest on the amount that is outstanding.
The best action to take once you realize that you will be unable to pay your loan on time is to contact your credit provider as soon as possible. When you take that step it gives the credit provider a chance to look into your situation so that the payment period can be rescheduled or the amount paid back can be reduced and the period thereof extended.
Should you be a good payer and your payment history be up to date with your credit provider; it is very possible that your credit provider will renew your loan should you wish to re apply for another loan.
Cherry Loans requirements:
- Have a South African ID Document.
- Be between the ages of 18-65.
- Be permanently employed.
- Provide your recent payslip.
- Provide a 3 months banking statement.
- Have a South African Bank Account.
Apply today and alleviate yourself from financial strain.
Try out our finance calculator