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Sep 28, 2017 - 34 minute read

What interest rate should i charge for a personal loan

One time pin (OTP) confirmation : One time pin is sent to your mobile phone and email confirmation is also done to complete application. Bank Transfer : Cash is only transferred to applicants name matching name as reflected on identity book.

Bank account number is also matched for legitimacy. Minimum loan application : R100 Maximum loan application : R2500 increased to R8,000 based on your good repayment patterns. Only big five banks are used : Nedbank, Absa, First National Bank, Standard Bank and Capitec. If you do not have an account with these banks, instant pay day loans can not be processed or considered. No documents are required at all.

You submit no proof of income (pay slips), no 3 months bank statements are required,no proof of residence, no copy of id is required, no documents are faxed or emailed at all.

What interest rate should i charge for a personal loan

Repayment Terms. Loans include a minimum repayment plan of 2 months and a maximum repayment plan of 84 months. Before accepting a loan from a lender within our network, please read the loan agreement carefully as the APR and repayment terms may differ from what is listed on this site. Lender-approval and loan terms will vary based on credit determination and applicable state law - they may offer loans with fixed rates from 6 to 35 APR.

The lender's approval process may take longer due to additional documents being requested. © 2017 Solution Loans. All Rights Reserved. Need 1000 Dollar Loan.

What interest rate should i charge for a personal loan

Our instant loans aim for fast approval for your convenience. A major issue that many cash loan seekers face today is the lengthy approval process they have to endure after applying for that extra cash. Our money lenders dont believe you need the extra stress of waiting around to find out if your application has been approved. We have made it our primary goal to simplify this process by introducing our quick and easy online loan application procedures, which in most cases can let you know whether you have been approved the very same day.

In certain instances, you can even have the funds in your account in less than 24 hours. Our flexible payment options make money loans easy. We focus on implementing flexible repayment strategies for our clients in order to keep unnecessary financial stresses at bay. We are committed to making life easy beyond the short term relief of quick finance, which is why we work to create a repayment plan that suits your personal budget.

When you employ our services, we tailor different payment schedules for your circumstances: Weekly Fortnightly Monthly (up to 12 months) Furthermore, we want to make the repayment process simple for you to navigate through, which is why we offer a direct salary transfer or direct debit from the bank account your wages go into.

Contact us to find out how Our Money lenders in Australia can what interest rate should i charge for a personal loan you today.

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