The how-to’s for African Bank Loan Consolidation
Overview
Blacklisted people with bad credit ratings trying to make their way in the world, and only receiving loan rejections can be devastating to say the least. Take the stress out of loan application with a loan provider that understands that a bad credit shouldn’t have to ruin your life.
Through a consolidation loan, a loan that combines several unsecured debts into a single, new loan that is more favorable. At African Bank and here’s how to do just that.
The debt consolidation loans of African Bank are designed to in line with the needs and requirements of the client. You can expect a high level of flexibility when it comes to the loan amount and the repayment options.
You can borrow up to R180 000 without placing collateral. This is a sufficient amount of money even for those who are in serious debt. The maximum repayment term is 5 years and you can use it only for the repayment of existing debt.
An African Bank online debt consolidation loans can be fairly easy to obtain. You can apply for a loan online as well as in one of the branches of the bank. Expect a pretty quick reply, but you will have to arrange various details with the lender before you can receive the loan amount.
On the online application form you’ll be asked for your standard personal details before you can be contacted or fully proceed with the application process.
Details such as:
- Your full name (same as in your ID book)
- South African ID Number
- Your e-mail address
- Best number to contact you on
- What you want to use the loan for?
- How much you want to borrow?
- And how long it will take to repay your loan?
- Whether you’re currently in full-time employment?
- Or have bad credit?
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