Cobol easy loans makes your life a lot easier.
Looking for a quick and easy loan from between R1 000 to R3 000? Look no further than Cobol easy loans. Cobol is a trusted company that can assist you.
Since 2006, they have issued small loans to help people bridge the gap in their finances. Whether it’s an unexpected doctor’s bill or money to buy whatever, ask Cobol.
Cobol easy Loans – do I Qualify?
If you are a South African citizen, permanently employed and have a good credit history, you may qualify for a loan.
The firm follows the guidelines of the National Credit Act to ensure that it lends money responsibly. Applications are checked in terms of affordability and credit history.
Cobol easy Loans – How Does it Work?
Just complete the simple online form and the company responds within a few minutes. You then receive a quote showing how much you can borrow, your repayments and the interest you pay in total.
Repayment terms are six months and you have to sign a debit order for the total monthly amount. Once you have accepted the quote, the money is put into your bank account straight away. You might even have access to it on the same day that you apply.
Cobol easy Loans – Ask yourself a few questions First
It’s a good idea to consider the following before you accept the loan:
- Can I afford the repayments? Think carefully about whether or not you can afford the installments for six-months. Worrying about being able to repay your debt can cause you a lot of stress.
- Why are you taking the loan? Is the loan to repay another debt? If so, you are just getting yourself into more debt.
- Do I need the loan? If you find it’s going to be difficult to repay the money, then do you really need it at the moment? Is it something that you could wait for? Say, for example, you are paying for a holiday, is it essential right now?
I need the Loan to Make ends Meet
A mistake that people in debt often make is to think that one more loan will solve their problem. However, if you have a once-off debt making it difficult to meet your expenses for this month, like a doctor’s bill, a loan can be a lifesaver.
If, on the other hand, you are already drowning in debt, a new loan will just get you into more trouble. If that is the case, it’s better to approach your current creditors and see if you can come to a better re-payment plan or consider going under debt review.