Approved Payday Loans

Approved Payday Loans
Approved Payday Loans

What does to take to be approved for a payday loan? Well it is simple, there are 3 basic requirements to be qualified for a Payday loan. 1. Be permanently employed, 2. Have a valid South African ID and 3. Be able to provide a 3 months bank statement or your latest payslip. There are other factors such as affordability which is NCR requirement.

If you find yourself digging around for coins to get you through the end of the month there’s a good chance that you may think about taking out a payday loan. Before you do that, you should ask yourself the following: Is there a valid reason for wanting to take out a payday loan? Will I be able to pay back the what I have borrowed, and will it impact me to the extent where I will not be able to meet my other commitments?

It is always wise to be a credit conscious consumer and to make calculated decisions when you use credit facilities such as payday loans. It has been said that each person’s situation differs from one and other which is true however as a rule, one should always remember that impulse purchases such as a brand-new TV when you have one or a that snazzy new handbag do not qualify as a good credit decision.

Taking the above into consideration, should you find yourself in a situation and require a fast payday loan, we can assist you today.

Apply online

Related Post

Top Tips for Saving for your First Mortgage If you’re considering getting a mortgage, you should know the factors that will affect your eligibility. This includes your credit score, how long you...
How do I get my loan approved? Online personal loans are a long time favorite in South Africa. Personal loans are a long-term solution to long-term purchases. Many people often a...
What Are Personal Loans? A personal loan is generally over a period of 6 – 72 months and an amount up to R150,000. A personal loan is unsecured, meaning your home and vehicle ...
What Are Payday Loans? Payday loans are a very popular product in South Africa. Payday loans are a very short-term solution to short-term problems. What a payday loan all...
Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.