There are 100's of lenders throughout South Africa whom all have various credit requirements for loan applicants, you might qualify for a loan at one lender but not the other.
Applying for loans at multiple lenders can negatively impact your credit rating as you will recevie multiple credit checks against your name.
geghana.com was founded in 2014 with the aim to instantly match a consumers loan application to a qualifying lender by simply filling in a single application.
What are Short Term Loans?
Short Term Loans are cash loans ranging from R500 to R8,000 which are repayable over a minimum period of 3 months up to 60 months.
What are the costs of a Short Term Loan?
Annual Interest Rate:
Interest at 28% (max) per annum.
Loan Example
If R7,500 is borrowed for 24 months.
Initiation Fee: R800.00
Monthly Service Fee: R68.40
Total to Repay: R13,475.39
Post a Comment
Post a Comment