Mpowa Finance Loans – Providing Convenient Payday Loans

Overview

The financial services industry is filled with business entities which aim to provide superior services and convenience for their clients. Giving clients financial options for solving their short-term concerns is becoming increasingly popular in the industry. Each individual’s needs are different and require tailored solutions designed by financial services providers. An institution that aims to be different by forming relationships with their clients, by understanding their changing needs and circumstances is Mpowa Finance. 

Offering the lowest rates in the industry, Mpowa offers short-term finance solutions in the form of payday loans. Clients are offered loans of up to R2500 and a repayment period of one month, with the option to renew. Mpowa understands some of the financial challenges faced by individuals, as the cost of living as well as unexpected expenses can wreak havoc on even the most prudent budgets. A registered credit provider, Mpowa Finance is National Credit Act compliant.  Its lending policies encourage clients to only take out loans which they can afford to repay. In line with NCA compliance regulations, clients are given a free credit check with the first loan. The loan amount will be repaid in full on the client’s payday by debit order. A monthly service fee of R50 per month plus VAT is chargeable.

The application process is made easy through an online application process. Applicants will also need to upload the latest 3 months’ bank statements and their signed contract. Mpowa will then call for a voice recording of all of the clients’ contract details. All contracts are signed as well as voice recorded for the protection of both parties.

For services provided with the lowest rates in the industry, call Mpowa Finance on: 0861 228 228.