Criteria To Qualify For Loans

To apply for credit & financial assistance there are certain qualification criteria that you need to meet.

In fact if you meet the following terms you could qualify for personal loans online for any amount between R500 – R5 000 to be repaid over a period of anything between 1 month to 6 months.

What Do You Need to Apply for a Loan?

  • You must be a South African Citizen
  • You must have a South African ID Card or Green Coded South African ID Book or a South African Driver’s License
  • You must be at least 18 years of age
  • You must be permanently employed
  • You will need to have your own bank account
  • You will need 3 months bank statement
  • You will need proof of residence (not more than 3 month old) e.g. municipal rates and taxes  account
  • You will need your latest payslip

 

How do I apply?