Absa Car Finance provides Car Loans of any amount using the Installment Sale Agreement if you want to buy a car. Absa Car Finance Repayment periods are 24, 36, 48, 60 or 72 months.
Start driving the car of your dreams today with flexible, hassle-free car finance options for new and used vehicles and other movable assets, including caravans, trailers, boats and bikes. Let us help you achieve your dreams and aspirations using Absa Car Finance.
Buying a car is an exciting step. It can be one of the biggest and most important purchases you make using Absa Car Finance. Don’t let worrying about how you are going to finance the deal ruin the moment; make sure it’s an occasion you can get caught up in and enjoy, by finding a car loan that suits your needs and pocket.
Absa Car Finance Installment Sale Agreement
Whether you are buying your first or fiftieth car, there is no other feeling quite like getting behind the wheel and realizing it’s all yours. With an Installment Sale Agreement from Absa you can experience the joys of immediate ownership and purchase the vehicle of your choice with a loan that you pay off over an agreed period of time.
Once you’ve chosen the vehicle or other asset you want, the next step is to agree on an interest rate, monthly repayment amount and repayment period. Not only does ownership of the vehicle automatically transfer to you once the loan has been repaid, but this option affords you a degree of convenience and flexibility. For example, you can decide to reduce your monthly payments by building in a balloon payment at the end of the repayment term or electing to make a deposit upfront.
Absa Car Finance Not right for you? Perhaps renting or leasing will suit you better.
An Installment Sale Agreement could be the right choice if you:
- Want the car to belong to you once the loan amount has been paid
- Would like to enjoy benefits of ownership during the repayment period
- Would like a customised repayment plan, with options to pay the loan off between 24 and 72 months
What you get from Absa Car Finance?
- An asset that becomes entirely yours at the end of the contractual period and once all monies have been paid
- Fixed or variable interest rates
- A financing solution that allows for early settlement without penalties
- The option of lower monthly repayments through a balloon payment or a residual value payment at the end of the repayment period
- The flexibility of choosing a repayment period of 24, 36, 48, 60 or 72 months
- If you are registered for Absa Internet Banking, link this account to your profile and be able to view the financing details, and monitor the outstanding balance and transaction history.
- Compulsory comprehensive car insurance on the financed vehicle
- An initiation fee and a monthly service fee charged on all new contracts
- Your instalment sale agreement may require you to pay an initial deposit
- Affordable Credit Protection Plan to settle the outstanding balance in the case of death, disability or retrenchment
Absa Car Finance Requirements:
- Personal details including a valid Identity Number or passport number
- Address details
- Employment details
- General information e.g. banking details
- Details of the vehicle or other asset to be financed
- Summary of your monthly income and expenses
- Details of insurance where applicable
For alternative loans please click here
Absa Car Finance Contacts:
Call us on 0860 669 669 or +27 (0) 11 350 4000
Absa Towers East
3rd Floor
170 Main Street
Johannesburg
e-mail: absa@absa.co.za
or Visit your nearest branch
Absa Car Finance a better approach to vehicle financing.
Mzansi Micro Finance Bad Credit Loans provides loans in the range between R1000 and R10 000. Apply Now whether you are blacklisted or not. Flexible Repayment Terms
Being blacklisted does not disqualify anyone from obtaining a Personal loan or Micro loan from Mzansi Micro Finance Bad Credit Loans. Every loan is evaluated individually. A Consumer therefore falls within a certain credit rating and can still qualify for a loan even though he has bad credit against his or her name.
When used wisely a Blacklisted loan can help consumers to settle existing debt and prevent further bad credit. These loans can therefore assist the consumer to get back on their feet.
Mzansi Micro Finance Bad Credit Loans Cash in your account within 24 hours
When your loan application form together with the required documents has been submitted, the process will take about 24 hours to complete. Once we have approved your application the money will be sent to your account immediately. Our client’s needs are of the utmost importance and we therefore strive to complete every application as quick and effortlessly as possible.
Notes: A one month loan can only go up to R5 000 and a 3 and 6 month loan can only go up to R7 000 after calculation including interest. Personal loans fall within the ambit of what is recognised as a small credit transaction and such loans will typically range between R1000 and R10 000.
The following table illustrates the different loan packages available:
| Criteria | 1 Star | 3 Star | 6 Star | 12 Star |
|---|---|---|---|---|
| Loan Amount | R500 – R7000 Interval R500 | R500 – R7000 Interval R500 | R500 – R7000 Interval R500 | R5000 – R10000 Interval R500 |
| Term | 31 Days | 3 Months | 6 Months | 12 Months |
| Interest Rate | Short term 5% per month Initiation fee R150 per credit agreement plus 10% of the amount of the agreement in excess of R1000 but never to exceed R1000. Service fee – R50 p/m. Credit Life .95% of principle debt amount x term p/m Vat to be added to all fees |
Short term 5% per month Initiation fee R150 per credit agreement plus 10% of the amount of the agreement in excess of R1000 but never to exceed R1000. Service fee – R50 p/m. Credit Life .95% of principle debt amount x term p/m Vat to be added to all fees |
Short term 5% per month Initiation fee R150 per credit agreement plus 10% of the amount of the agreement in excess of R1000 but never to exceed R1000. Service fee – R50 p/m. Credit Life .95% of principle debt amount x term p/m Vat to be added to all fees |
(RRx2.2)+20% Initiation fee R150 per credit agreement plus 10% of the amount of the agreement in excess of R1000 but never to exceed R1000. Service fee – R50 p/m. Credit Life .95% of principle debt amount x term p/m Vat to be added to all fees. |
| Banks | All approved banks on the Naedo collection platform or Approved payroll. | All approved banks on the Naedo collection platform or Approved payroll. | All approved banks on the Naedo collection platform or Approved payroll. | All approved banks on the Naedo collection platform or Approved payroll. |
| Identification | RSA Citizen. Age between 18 & 65 on date of application. No driver’s license accepted. | RSA Citizen. Age between 18 & 65 on date of application. No driver’s license accepted. | RSA Citizen. Age between 18 & 65 on date of application. No driver’s license accepted. | RSA Citizen. Age between 18 & 65 on date of application. No driver’s license accepted. |
| Compuscan / NLR | Note CODIX Rules. | Note CODIX Rules. | Note CODIX Rules. | Note CODIX Rules. |
| Employment | Must be 2 months permanently employed. Security, cleaners and underground mining staff employed Labour brokers allowed. Contract workers with an end date – offer loan according to term of contract. Monthly paid clients allowed. No pensioners. No contract workers with no end date. No weekly and fortnightly earners. | Must be 2 months permanently employed. Security, cleaners and underground mining staff employed Labour brokers allowed. Contract workers with an end date – offer loan according to term of contract. Monthly paid clients allowed. No pensioners. No contract workers with no end date. No weekly and fortnightly earners. | Must be 2 months permanently employed. Security, cleaners and underground mining staff employed Labour brokers allowed. Contract workers with an end date – offer loan according to term of contract. Monthly paid clients allowed. No pensioners. No contract workers with no end date. No weekly and fortnightly earners. | Must be 2 months permanently employed. Contract workers with an end date – offer loan according to term of contract. Security, cleaners and underground mining staff employed Monthly paid clients allowed. No Labour brokers allowed. No pensioners. No contract workers with no end date. No weekly and fortnightly earners. |
| 2nd loans – Credit | Three honoured consecutive payments must be made before a second loan may be applied for. No additional loans will be allowed if an existing client has reached legal status. | Three honoured consecutive payments must be made before a second loan may be applied for. No additional loans will be allowed if an existing client has reached legal status. | Three honoured consecutive payments must be made before a second loan may be applied for. No additional loans will be allowed if an existing client has reached legal status. | Three honoured consecutive payments must be made before a second loan may be applied for. No additional loans will be allowed if an existing client has reached legal status. |
About Mzansi Micro Finance Bad Credit Loans
It was established with the sole purpose of supplying easy and effortless online loans finance to each and every individual in need of a personal loan. We pride ourselves in offering the best tailor made financial solution. With our highly trained and skilled staff we strive to make your application as effortless and easy as possible.
As a registered member of the NCR (National Credit Regulator) we at Mzansi Micro Finance advocate and practice the utmost diligence and integrity.
Company Reg Number: 2010/132345/23. A registered Credit Provider NCRCP5107
What documents you need to apply for Mzansi Micro Finance Bad Credit Loans:
1. Clear copy of your South African ID
2. Bank Statements
- 2 Months Bank statements for basic (fixed) salary earners
- 3 Months Bank statements for commission earners
3. Payslip
- 1 Months Payslip for basic (fixed) salary earners
- 3 Months Payslip for commission earners
Contact Mzansi Micro Finance Bad Credit Loans
Shop No. 2, Pomona Road, BP Centre
Pomona Estates, Kempton Park 1619
Tel: (011) 396 2871
Fax: 086 741 9009
Mzansi Micro Finance Loans for the Blacklisted is the best loan to take you out of misery.
Clientele Personal Loans available up to R120,000? Apply NOW for Clientele Personal Loans and get approved in 48 hrs. Low fixed interest rates, up to 60 months to repay.
When the end of the month comes, do you find yourself having to pay retail and credit card accounts, leaving you with less cash flow than you’d like? A Clientele Personal Loan could pay up to R120 000 extra cash into your bank account within just 48 hours.
Getting a loan with Clientele Personal Loans:
- You can apply for any amount from R3 000 to R120 000 in increments of R1 000.
- You have 18 – 60 months to repay the loan.
- If you are approved, you can use your loan however you like – school fees, much needed car repairs, renovations, account consolidation and more!
Clientele Personal Loans Fixed Interest Rates:
- The interest on the personal loan will be fixed at our current rate for the full term of the loan period.
- With no fluctuations in the interest rate, the monthly instalment is always the same, allowing you to plan ahead.
Clientele Personal Loans Quick and Easy Loan Application:
- Access the online loan application page.
- Applying for a Clientèle Personal Loan can be done 7 days a week from 8 am – 8 pm over the phone by calling 0861 354 354 or,
- By completing the CALL ME BACK form on the right.
- No face-to-face interviews needed.
- The loan is unsecured.
- Paid by direct deposit into your bank account.
- If approved, the loan will be finalised in 48 hours.
To Qualify for a Clientele Personal Loans you must:
- Be 18 years or older.
- Be a South African resident.
- Earn a minimum permanent salary of R2 500 per month or more.
- Clear credit references.
- When applying, have your ID number and your bank account details where your salary is paid into at hand.
Peace Of Mind – The Personal Protection Plan from Clientele Personal Loans
At Clientèle Loans, we are concerned about your financial well being so we have included the Personal Protection Plan which enables your outstanding loan balance to be settled in the event of your death, permanent disability or if you contract a dread disease.
A temporary disability and retrenchment will qualify you for limited cover where your premiums are covered for up to six months. The choice of the Personal Protection Plan is yours but it must have coverage equivalent to the Clientèle Protection Plan.
Your personal loan is arranged exclusively for you through Clientèle Loans Direct and Direct Axis, established authorised Financial Services Providers in South Africa. Lending responsibly are their goals and are done in compliance with the National Credit Act No.34 of 2005.
All requests are considered, but the final loan amount allowed will be subject to your personal financial profile and credit approval. This is to stop you over committing yourself to a loan that you cannot repay.
Clientele Personal Loans Contact Details
Clientèle Head Office
Telephone: +27 (0)11 320 3000
Fax: +27 (0)11 320 3133
E-mail: services@clientele.co.za
Clientele Personal Loans Physical Address
Clientèle Office Park
Corner Rivonia and Alon Road
Morningside, 2196
Client Services Operating hours
Monday – Thursday: 08h00-17h00
Fridays: 08h30-16h00
Saturdays: 09h00-13h00
Telephone: +27 (0)11 320 3000
Fax: +27 (0)11 320 3133
Encashments: +27 (0)11 320 3101
E-mail: services@clientele.co.za
Clientele Personal Loans are the easiest and you can get your money in at most 48hrs.
Apply for Absa Student Loans to pay your tuition or study fees, textbook bills and related costs. All that’s required is your college or university acceptance letter. Apply Now!
Not sure how you are going to pay your tuition fees and buy all the textbooks you need? Whether you’ve just received your acceptance letter or have already started studying, Absa Student Loans will help you focus on succeeding in your studies without the added worry of how to fund it all.
Provided you are enrolled, or in the process of enrolling as a full-time or part-time student at a University, University of Technology, Private College or FET College, your parent, guardian or sponsor can open a Study Loan on your behalf.
An Absa Student Loans can be used to pay your study fees, textbook bills and related costs. It can help you make the most of your resources. You only have to pay the interest on the loan while you are studying. The actual loan itself only has to be paid back once you finish studying; and there’s a grace period for those students who have to complete a period of community service or internship following graduation.
Need to know about Absa Student Loans
A Study Loan could be the right choice if you:
- Would like a loan to cover your study fees, textbook bills and related costs
- Would only like to start paying the loan back after you have finished studying
- Are enrolled, or in the process of enrolling as a full-time or part-time student at a University, University of Technology, Private College or FET College
- Are a South African citizen or permanent resident
Requirements for Absa Student Loans
There are various requirements that need to be met in order for you to qualify for Absa Student Loans:
- The student must have successfully passed matric
- The course that the student wishes to take must be SAQA or SETA accredited – visit www.saqa.org.za to find out if your desired institution/course is accredited
- If the course is more than 12 months long, you will only pay the interest on your Study Loan until you graduate, when the full amount becomes due
- If your course is less than 12 months long, you will need to pay the loan and interest back within the 12 months
- Even if you are unable to pay the study loan back once you graduate there is a grace period while you complete community service
You can apply for Absa Student Loans at any of our Student Bureaus or branches. Be sure to bring the following documentation:
- Proof of registration and studies fees quote
- Identity documentation
- Previous academic results
- A detailed breakdown of textbook costs
Due to the fact that Absa Student Loans are taken out in the name of the sponsor, sponsors must provide:
- Proof of earnings / latest payslip
- Identity documentation
- Banking details
- Marriage / divorce documentation if sponsor is / was married
Absa Student Loans Contact Details
Call: 0860 100 372
International: +27 (0) 11 350 4000
Email: absa@absa.co.za
Physical Address:
Absa Towers East
3rd Floor
170 Main Street
Johannesburg
Absa Student Loans, the way to go for Students who need to a study and pass!
Standard Bank Business Loans are available to finance for Small Growing Business. Up to R3 Million SME Loans provided WITHOUT COLLATERAL. Apply Now!
Many small businesses do not have assets to put up as collateral for a bank loan. To assist these businesses, the government’s small business finance agency, Khula from Standard Bank Business Loans, offers them a credit guarantee scheme.
The scheme is an indemnity to us should the business fail to pay the loan. 50% to 90% of the bank loan can be indemnified under the Standard Bank Business Loans Khula scheme. The maximum amount that can be approved under the scheme is R3 million.
To qualify for a Khula-supported loan you will need to contribute to your business and this may be as much as 10% of the amount you want to borrow. This contribution can be either cash or equipment that will be used in your intended business.
Standard Bank Business Loans Term Loans
Business Term loans are a relatively simple way of securing funds for any period up to eight years that is repayable in equal monthly installments.
Standard Bank Business Loans Benefits
- Your Business term loan may be used for the following:
- Purchase of fixed assets, for example, property equipment.
- Refurbishments and alterations.
- Acquiring a new business.
- The loan period is not fixed but is determined by your monthly repayments, which include interest and capital.
- The minimum loan amount is R50 000 and there is no maximum, depending on what you can afford.
- Additional funds deposited over and above your monthly agreed repayments will be available for withdrawal subject to a minimum of R10 000 and multiples of R1 000.
- The account can be linked to electronic channels.
Standard Bank Business Loans Requirements
If you need finance now, you can apply by visiting your nearest branch and speaking to a Business Banker. The following information is required:
Information and documents
Business plan
- Details such as the nature of business, product offering, market environment and management skills
Financial information
- Personal statement of assets and liabilities for all partners, members and directors
- Cash flow forecast
- Projected income and expenditure
- Amount and source of the business owner’s contribution or stake in the business
- How will the business use the finance? For example, capital expenditure or working capital
- Sales and purchases budgets
Documents required if buying an existing business
- Copy of deed of sale or draft deed
- Draft or signed lease agreement for premises
Collateral Information
- To Be provided for by Government Khula Finance Company
Other
- Credit bureau checks of business and partners
Standard Bank Business Loans Additional requirements if you have an existing business that has been banking at another institution
- Financial statements of the business
- Three months’ bank statements
- Facilities letter from existing bank
- Details of collateral held by existing bankers
Contacts for Standard Bank Business Loans
Telephone: 0860 109 075 / +27 11 299 4633
Email: BizDirect@standardbank.co.za
Standard Bank Khula Guaranteed Loans, Moving Forward!
Real People Home Loans available from R1000 – R100,000 allowing home improvements for your house. Flexible repayment periods of up to 48 months. Apply Now!
What is for Real People Home Loans?
Real People Home Loans is a loan which is intended to finance your home improvement needs. This could be anything from adding an additional room, new kitchen fittings, new tiling, a new coat of paint, or even a new gate or fencing.
Why should I choose Real People Home Loans?
Our value of “sustainably improving lives” is at the core of everything that we do – from the products that we package for you, to the selection of the retailers with whom we have agreements with to make your dream of improving your home a reality. We partner with you on your journey through life. We are a purpose-led organisation that recognises the unique challenges and opportunities people face in their lives. We share our expertise to create brighter futures, through the responsible provision of financial services and products. We drive financial wellness, and are a platform for growth, sustainability and improvement.
Real People Home Loans Benefits
Our Real People Home Loans offers you great benefits:
- Loans – from R1000 up to R100 000
- Flexible repayment periods of up to 48 months
- A quick and easy application process
- Credit life insurance which covers you in case of death, disability and retrenchment
- No deposit required
Convenience:
You choose where you want to purchase your home improvement materials from any one of our many participating stores countrywide
Once your loan is approved, your materials are delivered to your selected address and you can start enjoying the process of transforming your home into what you want it to be!
How does Real People Home Loans Work?
Follow these 6 easy steps and make improving your home a reality:
Step 1:
You decide on what improvements you want to make to your home, for example, adding an additional room, new kitchen fittings, new tiling, a new coat of paint, or even a new gate or fencing
Step 2:
Visit www.forrealpeople.co.za and get pre-approved* for your loan
Step 3:
Once you are pre-approved for your loan, visit your nearest participating store OR you can apply for your loan from any one of our partner stores. Remember to take the following documents with you:
- Valid SA ID (permanent or temporary) or driver’s license
- Your most recent pay slip
- 3 months bank statements (if you are self-employed)
Step 4:
Choose what you want to buy from one of our partner store
Step 5:
Your loan is processed while you wait and checks and approvals* are done in 1 day. Once your loan is approved, the money is paid directly to the hardware retailer (Store) in order to pay for the home improvement material that you have selected.
Step 6:
After receiving confirmation that the payment has been made, the consultant at the store will make arrangements with you to deliver your materials to your home.
How To Qualify for Real People Home Loans
Visit your nearest participating store today and ask about the Real People Home Loans.
You can apply if you:
Are permanently employed, self-employed or employed under contract
Earn a salary of at least R2000 per month and have your salary electronically deposited into a bank account
Are between 18 and 64 years old
* All loan applications are subject to final credit approval. Terms and conditions apply.
Apply for Real People Home Loans
You can apply for your loan in any for REAL PEOPLE participating stores.
Remember to take the following documents with you:
- Valid SA ID (permanent or temporary) or driver’s license
- Your most recent pay slip
- 3 months bank statements (if you are self employed)
PLEASE NOTE: All loan applications are subject to final credit approval. Terms and conditions apply.
Real People Home Loans Contacts
Telephone number: 0861 10 17 24
Email: helpdesk@realpeople.co.za
Fax: 086 772 2001
Compliance
Telephone number: 043 702 4600
Real People Home Loans Assurance
Telephone number: 086 111 4803
Email: realinsurance@realpeople.co.za
OR for claims: realinsuranceclaims@realpeople.co.za
Fax: 086 623 4080
Real People Home Loans Cellular
Telephone number: 086 111 2889
Email: mobilesupport@realpeople.co.za
Real People Home Loans are the easiest way to home improvement, get a loan today!
Boodle Instant Cash Loan available up to R 8000 with 41 days to repay! Instant online short term loan provided by Boodle Instant Cash Loan . Apply Now!
Boodle Instant Cash Loan has been around for a while now and offers people instant loans, within minutes. They offer anyone the opportunity to apply for a loan up to R8000 and with a very user friendly website; people can apply online with no documents and get feedback very quickly in regards to your approval.
- R2,500 for new customers, and up to R8,000 for existing customers
- Instant decision 24/7 & NO paperwork
- Up to 41 days repayment period
- Also available on mobile devises
Boodle Instant Cash Loan Requirements:
Step 1
This step is used to collect information about you.
- Your Title
- First Name & Surname
- South African ID Number
- South African Cellphone Number
- Preferred Language
- Email (use to login)
- Confirm Email
- Password (max 15 characters)
- Secret Question (in case you forget your password or email address used to create the boodle account)
Step 2
This is to verify you residence and next of keen contacts.
- Your Physical and Postal Residential Address
- Your Home Telephone numbers
- Next of keen Physical and Postal Residential Address
- Next of keen Home Telephone numbers
- Your source of income and your bank details and how long you have been banking.
Step3
This is to determine whether you are eligible or not and a decision is taken.
if a decision is yes then instant cash you applied for is paid into your account.
Boodle Instant Cash Loan Contacts:
You can register and apply online on www.boodle.co.za
Their physical contact details are as follows:
Email for General Enquiries: info@boodle.co.za
Phone Numbers for Call Centre: 0861 BOODLE (266 353)
Boodle Instant Cash Loan Physical Address:
Block 2
53B Wierda Road West
Sandton
2196
Boodle Instant Cash Loan Postal Address:
Postnet Suite 86
Private Bag x1
Melrose Arch
2076
Boodle online instant Cash Loans up to R8000, apply now!
Lifeline Debt Solutions South Africa is a Permanent Solution to your Debts? Lifeline Debt Solutions offers solutions and advice as First AID in your financial matters. Find Out Now!
Debt is quickly becoming an epidemic affecting people of all incomes and backgrounds and when it comes to the workplace, can result in low morale, increased stress levels, creditor’s calls to the office and a dramatic fall in the productivity of staff. Lifeline Debt Solutions is your solution.
Lifeline Debt Solutions offers comprehensive, highly effective debt solutions and as one of the largest debt counselling organizations in South Africa, we also specialize in counselling groups about debt. So if you think your employees may benefit from talking to us, get in touch and arrange for us to come in and see your staff or call us today to discuss your individual requirements.
At Lifeline Debt Solutions we offer you a personalized service including the best advice as to which debt solution is the most appropriate for your situation.
We will also seek to help you reduce your expenses to enable to you contribute more to your debt repayments and get debt free as soon as possible.
Lifeline Debt Solutions is a debt management company wholly focused on helping to resolve the debt problems of individuals. We operate across the whole of South Africa with our head office in Durban.
We differ from other debt companies in that we offer a comprehensive range of services and solutions not simply debt counseling, each tailored to your own individual circumstances, whether you own a property makes NO difference.
These can range from debt consolidation, debt management, debt reduction and debt elimination.
Importantly, we have a solution to help ALL our clients and our number one goal is to help you solve your debt problems.
Our staff are fully qualified debt counselors and we are registered with the National Credit Regulator (NCR).
Contact us today for free debt advice that considers all debt solutions based on your own circumstances. Our fully trained, professional and friendly staff are waiting to take your call.
Simple Step by Step guide to Lifeline Debt Solutions
Step 1
Contact a LDS consultant who will explain the process and costs and send you the application form with a list of the documents we require for the process.
Step 2
We will notify all your credit providers, the NCR and the credit bureaus of your successful application for debt review.
Step 3
Issue a Form 17.1 to inform creditors that you are under debt review and request a certificate of balance for your account.
Step 4
Once all the relevant financial information has been provided we will issue your creditors a Form 17.2 to confirm the clients over-indebtedness and inform creditors and credit bureaus via the NCR Debt Help Website.
Step 5
LDS will set each client up with a Payment Distribution Agency (PDA) who will distribute the allocated payments to each creditor accordingly.
Step 6
LDS will forward each credit provider with a detailed proposal outlining your agreed budget, the number of creditors included and a repayment plan for each credit provider.
Step 7
The Credit Providers may accept or decline the proposals and if all do, Lifeline Debt Solutions will obtain a consent order which will then be forwarded to all the credit providers. If one or more of the Credit Providers does not accept the proposed repayment plan, Lifeline Debt Solutions will submit the application to high court for the magistrate to make a final decision.
Step 8
You are required to make the agreed monthly payment each month to the Payment Distribution Agency (PDA) for the duration of the debt review.
Step 9
Lifeline Debt Solutions will provide annual aftercare for each of our clients , to establish whether or not their circumstances have changed
Step 10
Once all your debt is repaid, Lifeline Debt Solutions will issue you with a Clearance Certificate (Form19) which we will send to all your credit providers, the NCR and the credit bureaus. Within 5 business days you credit record will be clear.
How to get Assisted by Lifeline Debt Solutions
1. Application Fee:
R50 + VAT + any bank charges
(Bank transfer: R57)
(Cash deposit: R72)
This is for your initial assessment and placing you under the Debt Review program.
Lifeline Debt Solutions DO NOT CHARGE YOU AN UPFRONT FEE.
2. Initial Fee
Once we have completed your application we will be able to establish whether you are over indebted or not, and inform your creditors accordingly.
At this stage we will access the amount you are able to pay towards your creditors on a monthly basis.
Your monthly payments will be made to a government appointed Central Distribution Agency. There will be an initial set up fee.
This fee will vary depending on the size of your monthly payment but will not exceed R3000 + VAT. (R4000 + VAT for Joint Applications)
3. Ongoing Fees
5% of monthly payments to the Central Distribution Agency will be charged to a maximum of R300. And thereafter it will reduce to 3% in year three
Lifeline Debt Solutions Contacts
Contact us today for free debt advice that considers all debt solutions based on your own circumstances.
Our fully trained, professional and friendly staff are waiting to take your call.
Text your details and get DEBT FREE TODAY ! – 082 584 9872
Call Our Expert Advisors on 0861 001170
Email: contact@lifelinedebtsolutions.co.za
Lifeline Debt Solutions South Africa, Your Financial First Aid!
Betterlife Home Loans provides home loans of any amount to all bad credit prospective new home owners Instant Online Application for a quick response. Apply Now!
Let Betterlife Home Loans facilitate the entire home loan application to any bank or financial institution process, on your behalf FREE OF CHARGE No Hidden Costs! Try Now!
With a new-look, leading-edge technology systems and a wider service offering we are now even more confident to go beyond our promise of getting you ahead, a promise from Betterlife Home Loans.
A quick guide from Betterlife Home Loans to help you find your new home:
Step 1: Find out if you qualify for Betterlife Home Loans.
Firstly you need to know if you qualify for a home loan. We can assist you with out pre-qualification process by calculating what you could afford as well as assist you with the process of applying for a bond when you have found your dream home.
Step 2: Budget and Location. How much can you afford with Betterlife Home Loans?
There are a few things you have to know in order to make sure that the rest of the buying process runs as smoothly as possible. Most importantly, you have to find out how much you can borrow. The loan amount is calculated based on your household income, monthly credit commitments such as loans and credit cards expenditure. The affordability calculator will give you an idea of bond amount that you may qualify for. Use our cost/repayments mortgage calculators to assist you in making the right decision. Stretching your finances to the limit could prove very costly in the future. What we suggest is that you find out how much your monthly bond repayment will be and whether you will be able to afford them.
Step 3: Finding your ideal home – What do you want from your home?
Once you’ve got an idea of how much you can afford, the next step would be to consider where you want to buy your new home. Accessibility to work and schools are worth careful consideration, as are the location and quality of shops, doctors and schools. Contact one of our estate agent partners and ask them to send you details of properties that meet your requirements, or you can search online for a suitable home .
Step 4: Securing Betterlife Home Loans – Work with someone you can trust.
The next step is to secure a home loan or bond. This is where Betterlife Home Loans is at your service to ensure that you obtain the best interest rates possible, with no fuss, and no cost to you.
There’s no running around as Betterlife Home Loans does the work on your behalf applying to all the major banks for the best possible home loan or mortgage terms available. Fill out only one set of documents and we’ll set out the home loan choices that suit you best.
Step 5: Find the home, make the offer.
Once you have found the property you want to buy, it’s time to put in an offer. Remember that the asking price is how much the seller hopes to get for the property – not necessarily how much they realistically expect – and your first offer can be below the asking price.
Once you have made an offer, it is up to the seller to accept or reject it.
It is also possible that other buyers are putting offers in at the same time, so it’s a good idea to research into the typical price of such a property or you may find yourself caught in a bidding war. If the seller does reject your first offer, you can always put in a higher offer later.
Step 6: Completing the offer to purchase.
The safest way of purchasing a home is to have your estate agent or attorney draw up the Offer to Purchase Document for you.
They should then thoroughly explain each and every clause. This will guarantee hassle-free paperwork and avoid disappointments. The Offer to purchase is a binding contract when all parties concerned have signed it. The verbal sale of property is invalid.
You as the buyer are responsible for payment of all costs and fees in regard to registration of the bond and for the transfer duty. Make sure you budget for this expense!
You can use our transfer and bond cost calculator to get an estimate of these costs.
Contact Betterlife Home Loans to assist you with your home loan application.
Betterlife Home Loans Head Office 0860 555 540
Home Loans 0800 007 111
Personal Loans 0860 221 333
Insurance 0860 333 433
– Mortgage Protection
– Home Owner’s Cover
– Car & Home Insurance
Betterlife Home Loans Physical Address
Block 9
Pendoring Office Park
299 Pendoring Road
Blackheath
+27 86 671 4264 (Fax)
info@bettersure.co.za (E-Mail)
Betterlife Home Loans facilitation is the easier way to apply for a Bond or Home Loan in South Africa!