A loan is something that can come in very handy especially when you are going through strenuous financial times. A lot of people in South Africa are feeling the pinch of the harsh economy. At times it can feel like everything is closing in on you bill by bill. As the cost of living keeps going higher and higher; it is extremely frustrating knowing that your salary did not receive the memo of exponential growth that your expenses received. A lot of people are finding it difficult to make ends meet and end up turning to the unscrupulous dealings of a loan shark. That is simply not a good idea especially when you can turn to a financial services provider of a company such as Freeway Loans.
About Freeway Loans
Freeway loans is a credible micro financier that provides both short term and long term loans to clients all across South Africa. The company works together with a variety of loans whom together offer different loan products from you to choose from according to your specific financial needs. The lenders that the company works with are all registered with the National Credit Regulator.
A short term loan is a loan that is payable within 12 months and it usually consists of a small to medium sum of money. This type of loan is great for attending to an emergency that needs immediate financial attention like your daughter’s school excursion or a sudden serious illness that affects a loved one. You can use it to quickly attend to a matter and have it paid off in a year or even less than that.
A long term loan is a loan that is payable in a period that is longer than a year and the payment term can last for as long as 72 months. This is a loan that you can take out to finance an asset such as a vehicle. You can use it as a fuel injection for your business or for renovating your living room. You can also use this loan as a consolidation loan to cover all of your debts and only be left with one account to worry about. The interest rates will be lower on just one account and you can manage your finances much better when dealing with one account as a pose to multiple accounts.
Services – Freeway Loans
- Payday Loans
- Consolidation Loans
- Personal Loans
- Get a loan from R4 000 to R120 000
- Quick and easy online application
- Your application goes to a number of lenders
- Select your very own financial provider
- Competitive interest rates
- Confidentiality of all of your documentation and information
- Registered with the National Credit Regulator
Remember that you will need to provide the following information when applying for a loan:
- South African ID
- Proof of residence
- 3 months bank statement
- Latest salary slip
- Be 18 years of age or above
- Be in the possession of a South African bank account
- Be permanently employed by the same employer for 3 months or more