Old Mutual Loans – Solutions for Pressing Financial Needs

Overview

Old Mutual is one of South Africa’s oldest and leading insurance and financial services providers. The institution’s loans are one of their most popular products. This is unsurprising, as more and more South Africans are taking out loans in order to finance some of their daily needs. The surge in lending in the country is also partially due to an increased presence of micro-lending institutions in the market. Despite this challenge, Old Mutual has continued to be at the forefront of registered financial service providers in South Africa. Their Loan products are made to suit each individual’s financial needs, helping them to achieve financial freedom and to escape the trap of bad debt. 

Old Mutual My Money Plan:

This loan product bundles all your existing loans into a consolidated loan. This eases financial stress, as you only have to make one payment monthly, instead of running around to pay multiple creditors. This product offers clients up to R150 000 in funds to consolidate their loans. The repayment period is between 1 and 5 years and the interest rate is fixed for the tenure of the loan.

Old Mutual iWYZE:

This insurance cover caters for your home, car and personal goals. Old Mutual iWYZE provides cover for your valuables in the event of unfortunate things like theft, accident damage or even fire. This product includes Home Contents Insurance, Personal Liability Insurance and Trailer and Caravan Insurance. It includes affordable monthly premiums, a fixed excess amount and retrenchment Premium and Excess waiver.

Contact Old Mutuals’ Loan division here: 0860 000 886

Contact Old Mutuals’ Insurance division here: 0860 93 94 93

Visit www.oldmutual.co.za.