Why Get an ABSA Express Loan?

Overview

If and when you need money and want to pay it back quickly, then Absa’s Express Loan is perfect.

It’s a short term loan that works as what it does for you is provide an opportunity to build good credit while giving you access to funds quickly. And since it’s a quick loan with quick repayment you’re prompted to settle your loan earlier and pay no early settlement fees. And receive access to credit protection should anything happen to you you’ll know financially you’re covered to settle the outstanding balance in the event of death, permanent disability or dread disease.

It’s access to finance when you need it most with the Absa Express Loan especially in times of that bit of emergency cash that may be needed every now and then. The loans are also perfect for day to day expenses or if you require immediate access to cash to carry you to the next payday.

Absa Express Loan is short term loans from R1 500 up to R8000 with repayment periods of one, three or six months.

To obtain an Absa Express Loan you’ll need:

• To earn R1 500 or more a month
• Have an Absa bank account into which your salary is deposited
• 18 years or older

Also bring along with you the following:

• A valid South African ID document or card
• Proof of your residential address such as a municipality or rates bill
• Three months bank statement if you’re not an Absa transactional customer