Finding a loan has become much easier nowadays. With the multitude of loan institutions, gaining access to funds has become less complicated and less intimidating. The tricky part is finding the ideal loan solution to suit your needs as an individual. The micro finance industry in South Africa has grown rapidly since changes to legislation were implemented.
Traditional lenders’ unwillingness to lend as freely as before has created a gap in the market, which has been filled by micro lenders.
Letsatsi Finance is one such institution, which offers a range of affordable financial products, such as short and long term loans.
Letsatsi Short term loans are ideal for paying for unexpected expenses or short holidays. Repayment terms are reasonable, offered at 2 and 6 months. Loans on this package are offered from R500 up to R6000.
Payday loans offered by the institution are small to medium amounts which must be repaid within one month. The loan amount is deposited into the client’s account and is repaid on their next payday. Loans offered are up to R8000.
Letsatsi finance consolidation / long term loans range from R1000 up to R100 000 and clients are able to choose repayment terms of either 13, 24 or 36 months. These loans can be useful for paying for tertiary tuition, weddings, home improvements or even medical bills.
Debt consolidation loans are beneficial for individuals looking to merge multiple debts into one monthly instalment. Loan amounts of up to R100 000 are offered, with 1 to 36 months to repay.
Requirements for loan letsatsi finance:
- Your original I.D.
- 2 months’ payslips
- 3 months’ bank statements
Letsatsi Finance aims to provide its client with efficient and convenient service. Clients may get approval within one hour and the institution strives for same day pay-outs, giving clients financial freedom.
How can you apply?
Letsatsi offers an online pre-approval facility. Alternatively, individuals can visit any of the 40 branches nationwide for assistance.
Letsatsi’s expertise extends to 13 years in the micro finance industry, so individuals can rest assured they will be assisted in the most professional manner.
Contact: 011 234 6515/4872 or email: rivonia@letsatsifinance.co.za.
