Best loans online in 2021

African Bank - description of the lender

Loan amount

R2 000 - R250 000

Loan term

7 - 72 months

African Bank - description of the lender

Company

African Bank. An authorized financial services and credit provider.

APR

15 - 27.5 %

Representative example

All prices include VAT, R20 000 borrowed for 12 months. Once off initiation fee (capitalized) R 1197, Monthly admin fee R69.00 post 1% VAT increase. Representative APR 15% ,Representative insurance rate 5.4%. Monthly installment amount payable R 2 036

NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

Age restriction

You must be over 18 to apply for a Loan.

Documents required

  • Most recent proof of income, reflecting 3 salary deposits.
  • Proof of residence not older than 3 months.
  • Latest bank statement, reflecting 3 salary deposits.

Registration number

2014/176899/06 (NCRCP7638)

Additional information

Call: 0800 633 633
Fax: 0864 944 107
Email: africanbank@tip-offs.com

Cashloan

Minimum loan amount

R2 000

Maximum loan amount

R150 000

Minimum loan term

12 months

Maximum loan term

60 months

Max. APR

26%

Minimum age

18 years

3260

Cashloan.co.za is an online loans comparison site. Loan terms, conditions and policies vary by lender and applicant qualifications.
Representative example: Loan amount: R40 000, Loan term: 2 years, Total cost of loan: R63 504, APR: 26%
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

African Bank

Minimum loan amount

R2 000

Maximum loan amount

R250 000

Minimum loan term

7 months

Maximum loan term

72 months

Max. APR

15 - 27.5%

Minimum age

18 years

418

Representative example: Loan amount: R20 000, Loan term: 1 year, Total cost of loan: R24 432, APR: 15%
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

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