A Guide to the Edgars Personal Loan Application

Overview

Edgars has extensive history in the South African retail market. Since the first Edgars store opened in the country in 1929, the company has grown considerably to become a leading chain store and reputable brand, renowned for quality products.

Edgars also offers a number of financial services. One of these services is the Edgars Personal Loan. Through its financial services division, it provides clients with personal loan options designed to help them meet their financial needs.

Available to the group’s 4.2 million account holders, the Edgars Personal Loan is unsecured and hassle-free.

More about the Edgars Personal Loan Application:

To apply for this loan, you need to provide your latest payslip, your latest 3 months’ bank statements, proof of residence and your valid ID.

You also need to be at least 18 years old, with a clear credit record. You need to earn a gross monthly salary of R4000 or more.

If you are approved, you also get a R250 voucher to spend at any Edgars store.

Keep in mind that there are no penalty fees for early settlement of the loan.  As a registered credit provider, Edgars welcomes early repayments.

You have the benefit of a fixed interest rate. This makes it much easier to budget every month, because you know exactly how much you need to repay. This is beneficial for you as a client because you are assured that your instalment doesn’t get affected by fluctuations in the prime interest rate.

You also have an opportunity for a top up loan after 6 months.

The Edgars Personal Loan puts more purchasing power in the hands of consumers.

There are no restrictions on how you can use the loan. It can be useful in cases of emergencies.

There is no collateral required for the loan application.

Contact Edgars by calling: 0860 692 274 or visit www.edgars.co.za