Benefitting from Fixed Term Personal Loans from Woolworths
Overview
With a history spanning more than 80 years in the South African retail sector, Woolworths is popular in the country. A well-respected and reliable retail giant, Woolworths is known for providing quality products and services nationwide.
One way that the entity strives to add value to the lives of its clients is through Woolworths Financial Services.
Offered in the form of Woolworths Credit Cards, a Revolving Credit Plan as well as a Personal Loan, this form of credit may be useful to clients for fulfilling some financial obligations they may have or cover unexpected monthly expenses.
More about Fixed Term Personal Loans from Woolworths:
Loan amounts are dependent on individual credit ratings and credit profiles.
With flexible payment periods of 12, 24, 36, 48 or 60 months, these loans offer reasonable amounts of time to repay.
Another benefit for these loans is that they have fixed instalments.
Clients also have an opportunity to re-apply once their loan is settled.
What do you need to qualify?
- Be at least 18 years old
- Have a valid South African ID
- Be permanently employed
- Earn at least R2000 per month
- Have an active bank account
Fixed Term Personal Loans from Woolworths are ideal for meeting pressing financial needs.
There are low monthly service and initiation fees. Interest is charged according to guidelines set by the National Credit Act.
Once loans are approved, the money is paid out within 48 hours.
There are no penalties for early settlement, so you can settle your loan earlier than anticipated.
These are collateral-free personal loans, so you don’t have to worry about putting any assets up as a form of security
Qualifying for Fixed Term Personal Loans from Woolworths gives you the financial freedom to be able to meet some of your financial needs and goals. This may include paying your child’s school fees, home renovations, wedding costs, vehicle maintenance or unexpected repairs that may come up.
Visit www.woolworths.co.za
