Collateral – the main difference between a secured and unsecured loan
Deciding on the type of loan to take normally depends on the circumstances. For instance, when buying a house, one may be spurred to take a secured loan,...
Personal loans not available to new employees
Employment is one of the significant factors when applying for a personal loan. After all, no creditor will lend you money until sure that you have some form...
Wrong reasons to take out a personal loan
Taking out a personal loan is a huge, long-term commitment. You shouldn’t make this decision on a whim or take the consequences lightly. “With the current economic conditions,...
The consequences of defaulting on your loan
A personal loan may be exactly what you need. But before you jump into the deep end, you should understand the consequences of belly-flopping on the surface and...
Can i take out a personal loan if i am a foreigner?
According to Standard Bank the short answer is yes. “Banking needs are similar for everyone irrespective of where you live and or study throughout the world,” states Standard...
Getting your personal loan approved
Personal loans are the most popular type of loans because of their versatility, as well as the most despised loans because of their high interest rates. If you...
Tough questions to ask before applying for a personal loan
“I want it and I want it now!” That isn’t your 3 year old talking - it’s the voice in your head telling you how badly you need...
5 DIFFERENCES BETWEEN PERSONAL AND STUDENT LOANS
When it comes to studying further, the challenge often tends to be the affording of fees. For many South African students, as recently highlighted by the Fees Must...
Even a 5 year old kid could navigate our loan application
A personal loan can help cover any unforeseen expenses, such as medical bills or car repairs. It is something that many use to help make ends meet. But...
Three tips on getting a personal loan
Personal loans provide a real solution to keep your finances afloat this holiday season, provided you go in with your eyes open. In this article we tell you...