Compare the best loans of South Africa and find the lowest rate
In the following article, you will be given complete information regarding each of the loans obtainable at BFS as well as mentioning the contact details of this company in South Africa. What is more, I will also mention details regarding another incredible company that offers similar loans, so that you have both options in mind. In this case, I am making reference to Sanlam.
BFS is a company based in South Africa, whose biggest aim is to support people that are dealing with hard financial circumstances in order to satisfy their needs right away. Its roots date back to 1996, a year in which the company started helping clients from all over South Africa with their loans and products. Nowadays, BFS has opened 80 branches in the country.
Why South Africans should apply to one of BFS Loans?
The answer is simple: their short term loans together with the convenient rates that come along with them, make BFS a perfect solution for financial troubles. This is a company that has established an agreement with the National Credit Regulator so as to grant its loans. It has been ranked as one of the most reliable companies in terms of credit providing. And, their loans can be used for multiple situations, such as to finance your children´s tuition at school, medical bills, house expenses and more.
If you are interested in the application procedure for their loans, you only need to enter the company´s website, click on the section named “Apply now” and then one you agree with the different terms and conditions stated there, you will need to complete a short form with your personal and financial data. Once your application is approved, you will receive the money you require in your personal account with a bank. However, you can also begin this application in person by going to one of the branches the company has in your city.
It is important to stress the fact that the loans obtainable at this company can be used for many purposes with no limitations, as it is the choice of the client what to spend the money on.
What are the requirements?
If you want to apply for a loan with BFS you can begin the application at the nearest branch you find. There, you will be asked to submit documentation with your personal and financial information. Of course, it is a requisite that you are the majority of age and that you are a South African citizen, which will be proven with your personal ID. Moreover, the company will make you submit a proof of your residential address to show where you live. Finally, the company wants to make sure you can afford their loans, which is why you will be asked to submit a proof that you are currently employed and you will pay each of the installments as stipulated in the contract with BFS. Also remember to have a bank account in which your employer each months deposits the salary, which will serve for the company to deduct from there the different installments.
What about the application procedure for BFS loans?
-You can begin the application online or in person, that is up to you
-There are short term loans of about 30 days which come along with super low interest rates
-The application is instant as it takes no more than a few hours
OTHER OPTION WITH PERSONAL LOANS: SANLAM
Regarding the features of Sanlam´s Personal Loans I would like to stress the fact that the client can be given up to R 3000 and that the amount can always be increased if there are reasons that justify this action of course. Which is why, the client can ask for R 1000 more on a monthly basis. The loan obtained by the client can be closed whenever the client feels ready to do it, which is great and offers a great benefit if you compare this company to others.
All the information regarding the different loans obtainable at this company which includes terms and conditions, will be found in several languages so that any future client can have access to it and perfectly understand the contracts.
One of the greatest benefits of operating with Sanlam is that the company has developed a special simulator that enables clients check their affordability by following simple steps.
In order for you to apply to one of their loans you will be requested documentation such as your ID, a statement from your employer, being 18 years old or more and that is it.
CONTACT DETAILS OF BFS
-You can enter the company´s website so as to obtain information about their services, have access to their frequently asked questions and also send a message to their staff
-You can go in person to an office located in Johannesburg, inside the Yarona Mall. The exact address is 6112 Watt Avenue
-You can go to another office in Pretoria, located at 349 Momentum Life Boulevard. Close to this one you will find one branch in Rustenburg at CBD, whose exact address is 50 Boom Street.
-There is another branch near Alberton located at Germiston 182 Meyer Street. It is in Johannesburg
-You can also make a phone call to the following number:080 777 3777 or you can send an email to email@example.com.
CONTACT DETAILS OF SANLAM, THE OTHER OPTION
-You can go to one of its offices in Cape Town, located inside the Maynard Mall, on the third floor of this amazing mall. The exact address is Wetton Road, just in the corner.
-You also have the possibility of sending an email to the company´s representatives so as to obtain full information about each of their loans. There you can also have access to a frequently asked section with lots of data.
-You can call the company to their free number designed for questions and queries: 0861 44 00 44.