Can I Get Easy Cash Loans in South Africa – Online?
April 3, 2018
Presumably you want to get an easy cash loan in South Africa. And you want to ensure that you get the best deal possible and still enjoy top-rate customer service. You know that you should shop around to make that a reality, but, realistically speaking, who has the time to that?
Easy Cash Loans will do all the running around for you. They will handle every detail of the application process and ensure that you get the very best possible interest rate.
You can apply for unsecured loans up to an amount of R150 000. Yes, you can apply online and will know within minutes whether or not you have loan approval. You will be provided with a quote for the cost of the credit. If you decide not to take up the quote, you will can forget the whole thing – there is no obligation to continue.
Who Qualifies for an Easy Cash Loan?
That depends on the individual lender but the basic criteria are that you must have a permanent job, and that you must be a South African citizen or resident who is at least 18 years old. Your employer must pay your salary into a bank account in your name.
Contrary to popular belief, you may still apply for financing if you have been blacklisted. Creditors will normally take your more recent credit history into account when it comes to determining whether you are credit worthy or not.
So, if you went through a bad patch, but things have improved since then, you won’t have past mistakes held over your head forever.
That said, the creditors do all apply basic affordability tests. You will need to be able to afford the new instalment when your current expenses are taken into account.
What are the Fees for an Easy Cash Loan Like?
Again this will depend on the individual creditor but you can expect to pay an initiation fee and a monthly admin fee. The initiation fee is a once-off charge that is usually a percentage of the loan amount. This covers the cost of vetting the application.
The monthly admin fee covers the costs of administering the loan.
What are the Repayment Conditions?
You will repay your loan via debit order from your bank account. The money will go out on your payday.
Can I Repay my Easy Cash Loan Early?
Most creditors do make it possible to repay the loan early. In some cases, there may be a penalty for doing so, so it is wise to check if this applies before you take loan in the first place.
What Can I Use the Money For?
In the past, credit providers used to be real sticklers about what the money was being used for. This is no longer the case. You can apply for money to pay for a holiday, consolidate debt, buy a collectible action figurine – the choice is yours. All creditors are concerned with now is your ability to repay the funds.
All in all, Easy Cash Loans provides you with a convenient way to access the best loan options available to you. It is simple, quick and painless.
Next: apply for your easy cash loan on this page. Complete and submit the form. We will reply with a cash offer.
All info was correct at time of publishing