Loans Inc is an institution dedicated to ensuring that clients benefit from well-planned cash loans. The credit industry in South Africa is expanding at a rapid pace. An increasing number of South Africans are relying on credit to help them meet their financial needs.
If you need help for paying off a few accounts or for an emergency such as a medical bill, Loan Inc may be the ideal solution for you.
With Loan Inc, an individual’s credit profile and affordability determines the qualifying amount and loan term.
Life can present a number of challenges, leaving many people in financial ruin and unable to benefit from credit solutions. Fortunately for individuals in this predicament, Loan Inc also considers applications from individual with bad credit.
What types of loans are offered?
Payday Cash Loans: the total cost of the credit is repayable by your next payday.
Term Cash Loans: bigger amounts are available on this loan. Repayment terms are available up to 36 months. Terms range between 1, 3, 6, 12, 18, 24 and 36 months.
Loans are unsecured, so no collateral is required in the form of assets.
What are the qualifying criteria?
- Be permanently employed for more than 6 months
- Be a South African citizen
- Have an active South African bank account
- Not be under debt review, administration or sequestration
What you need to apply:
- Submit an online application form
- A credit check will be done
- You will then be required to submit the required documents
- A loan agreement will be sent to you, which you will be required to sign and send back
- Once the loan agreement is returned, you can expect cash in your account within 24 hours
Documents required for application:
- A valid South African ID or valid Passport
- Latest 3 months’ bank statement (with the bank dated stamp)
- Latest payslip
To contact Loans Inc, call: 086 722 7110. Visit their website here: www.loans-inc.co.za
Try our loan application or finance calculator.