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Can I Obtain Low Budget Loans in South Africa?



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    Low budget loans is a financial company that has established in the market in 2004. It was created by a series of bankers whose biggest aim was to make sure clients could have access to sustainable and reliable loans so as to cover their main needs with their low budget.

    In the following article, you will be given all the data you need regarding the services found at this company, features of loans and also amounts of money that the company offers its customers. Then of course, you will be given contact details regarding this important institution in the country

Why should you choose Low budget Loans?

-The company is dedicated to make sure clients enjoy life

-Offers modern processes for the granting of funds

-Affordable loans

-Reliable loans

-Customers can apply for more than one loan at a time

-Transparent services are available

-Responsible credits

-Loans are totally secured by the National Credit Regulator

-Terms and conditions of the loans appear in the contract

-It allows blacklisted customers to get access to its loans with no complications, as the company believes that customers must be given a second chance when it comes to loans.

What are their services made of?

    This is a company whose main services are low budget loans, ones that can be obtained by the different workers along the country that are looking for financial aid when things at home are not doing well and money is not enough. These loans are characterized by transparency, since the customer will always be given complete information regarding each aspect of the credit as well as the rights of the customer as an applicant for a loan.

    Now regarding the many uses Low budget Loans serve for, I must first mention the fact that many customers find comfort in these loans since they can easily consolidate their debts and they do not need to wait tons of time for approval of their application. It can also happen that the customer is a business owner and is looking forward to make the company expand in the market, situation in which new appliances and physical offices are needed. So, Low budget Loans can serve for personal purposes as well as Business ones. You choose depending on your needs

Below, you have listed the different loans available:

A.Quick cash loan

B.Online loan

C.Instant loan

Urgent loan

When it comes to the application you need to know it is a fast one and also super simple. But let me move forward by explaining some of its features

-Low budget Loans can make customers get as much as R 3000 00 but there are minimum amounts obtainable, such as R 1 000 00.

-Customers can begin online application, which means they do not need to go in person to the company and wait a lot by making queues

-Customers can make use of a calculator provided by the company so as to know beforehand their financial conditions and get data about repayments and terms. Such loan is found in the company´s website

- Customers are given a financing period of 3 months, but of course this period can be extended so as to benefit the client

-Short Term loans such as low budget loans can easily solve any long term need that the client has been dealing with

-Interest rate will never be more than 60%

So, to summarize. Customers that want to operate with Low budget Loans, can obtain R1000 or a maximum of R 3000. The application will just take 5 minutes and this is how it works: the client mas visit the company´s website and then click on the section destined to applications. Easy as that you see?

Now, let’s move on by focusing on the requirements for loans:

-Being employed full time

-Having a good credit record

-Having a photo of your ID

-Not holding any debts

-Recent pays lips and bank statements

-Proof of place of residence

If you are interested in knowing how much money you have access to base on your affordability or even how many repayments will you pay. Then you must enter the company´s webpage, as I mentioned before, and start guessing. And if you want a detailed description of such analysis of affordability, the calculator can also offer data about interest rates and some extra fees you might have to pay later. Please remember that the different figures you see there are defined by the National Credit Act, which is an act that protects every loan granted in the country.

Let me show you with an example how the calculator works, because it is really simple believe me:

If you want to obtain R 1000, then the company will proposes three different repayments and the rates will be R 399.61. That rate also includes the interest rate. In the end you will end up paying R 1399

Contact Information of Low budget Loans

If you are in need of money so as to cover your needs and you are tired of not knowing which company to call since you don’t rely on them, let me tell you that it is possible to trust on Low budget Loans to help you with your finances. Pay attention to the different means of communication through which you can establish an effective communication with their members:

-You can send an email to the members of the company so as to ask information about other loans found here. The email address is the following one:info@lowbudgetloans.co.za.

-You can also phone the company on its free number, which enables clients to communicate regardless of how much money they have. This is the telephone number: 086 107 3072

-You can also go in person to one of the company´s physical offices. In this chart you have all the necessary information:

Quote

R 3000

Interest Rate

Flexible rates

Telephone Number

012 809 0333

Address

Lombardy Business Park Unit 24. Graham.

Working Hours

8:30 a.m. to 5:00 p.m.

Requirements

Pay slips, bank statements and personal documentation



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Ratings

Rating: 4
Comment: Low budget loans really helped me change my life
Rating: 5
Comment: I will begin the application by phone
Rating: 5
Comment: I sent an email and got a quick answer

Questions and Answers

How much does the application cost?
It is a free service
Can I phone the company on holidays?
No, but you can reach them by email
Can I obtain multiple loans?
Yes you can