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BASIC THINGS YOU NEED TO QUALIFY FOR A LOAN

CRITERIA FOR APPLYING FOR A LOAN

Every financial institution has different criteria for their loan applications dependent on the type of loan. There are, however, common elements. Generally, when you apply for a loan you must:

  • Be 18 years or older
  • Have a valid South African ID
  • Hold a bank account
  • Provide proof of residence
  • Present 3 – 6 months recent salary slips or bank statements
  • Provide proof of income

It is your responsibility to find out each financial institutions features and benefits and to compare them respectively. Numerous options are available, so choose the option that best suits you and your needs.

 

IF YOU ARE LOOKING FOR A LOAN APPLY HERE START AT R300 UP TO R250 000 APPLY HERE AND GET HELP

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