Compare the best loans of South Africa and find the lowest rate
If you are looking for an affordable loan capable of making changes to your current financial situation, that is so possible thanks to many financial companies, which have carefully designed loans just for you. That is the case with Budget, one of the most prestigious lending providers in the country, whose experience has increased throughout the years.
Even though Budget does not have physical offices in Pretoria that does not represent an obstacle at all. And you know why? Because the company makes sure that every citizen can have access to their loan, either by phone or online. So, there are no excuses to ask for a Budget loan.
In the next article, apart from giving you information about the different type of loans Budget offers for you, I will also give you contact information about this company. Furthermore, I will provide you with the contact details of another loan provider which does have a physical branch in Pretoria, in case you want to contact the company in person as in the old days. I am talking about Absa.
The company has designed loans, whose maximum is of R 500 and minimum consists of R 3000. Such Amounts can be financed in about three months. However, if you choose the smallest loan, you will have to pay for it all at once, so one payment is accepted for that loan. But, if you ask for let’s say R 1000, you will need to make a monthly payment of a minimum R 488. Now, if you choose to be granted R 1500 or more, you can finance it by making three payments of R 696. Regarding the initiation fee you will need to comply with, it can be of R 150, and you also need to add 10% of the totality of the loan and a fee for the service provided by the company, which is usually R 57.
Moreover, the company has created a special loan called “Emergency Staff Loan” for certain employees. With this lending program, employees can have access to a maximum of R 2000 and a minimum of R 100, and the loan can be renovated the moment it has been completely financed. Clients have up to a month to pay for the loan, and they will be asked to pay fees which are the 15% of the total loan, a fee for the service of the company and also an interest rate which can be up to 5%. All the different loans granted by Budget are designed in accordance with the National Credit Act, whose regulations strictly state the different terms and conditions of the loans.
The application process for Pretoria residents
You will be amazed at how easy it is to complete the application procedure with this company. It will not take more than a couple of minutes. Each of the offers the company make you, will last up to 5 days, so please bear that in mind once your application is passed. So, you have those days in order to accept or reject the offers.
The moment you begin the application, the company will observe in detail what has been your credit record with previous financial companies, so as to determine whether you are a good applicant or not. You will also need to submit important pieces of information, such as your bank account information, pay slips and statements from your job, so as to prove if you can pay for the loan with your current salary.
Now, it is important to bear in mind that if this is your first time operating with Budget, the company will only grant you R 3000, but the moment that amount is paid off, you can ask for higher amounts of money with no problem.
The application can be carried out over the phone, in the company´s website or in person in any of Budget´s branches in South Africa. After the application is carried out, you will be given documentation that needs to be signed in the short time, which consists of the different terms and conditions of the loan. After you sign such agreement, the company is authorized to transfer you the requested money to your bank account. Simple as that, you see?
You can get in touch with the company by sending an email to the following address:firstname.lastname@example.org.
You can also contact Budget by phoning them during weekdays, from 08:00 am to 04:30 pm. The phone number is this one: 0861 073 072. There is also a fax number you can resort to: 012 993 0292.
You can also contact the company by sending them a letter to the following mailing address: Postnet Suite 397, send to Private Bag x10. The office is at Elardus Park 0047.
Another choice: Absa
Contacting this second choice is really easy:
You can go yourself in person to one of the company´s branches, located specifically at 1102 Brunet Street. You can phone this branch to this number: 12 432 0600, which is available for everyone Mondays to Fridays from 08:30 am to 03:30 pm.
You can also go to another office located in Pretoria inside the Church and the Kingsley Centre. The specific address of this office is 481 Coronel Street. You can phone here by dialing up 12 482 1600. This office opens during weekdays from 08:30 in the morning to 03:30 in the afternoon. Also during weekends, on Saturdays from 08:00 am to 11:00 am.
Another way of contacting Absa is by entering its website, which as a matter of fact is very complete and has plenty of details about each of the loans assesses above.
Finally, you can contact Absa by dialing up a free line, which can be used any time of the day, no matter the day. So, 24/7. The phone line is the following: 0860 100 372. So, I strongly advise you to communicate with the company so as to start applying for a loan, or even obtain more information about other services that will benefit your finances.