Woolworths Personal Loan Balance

Woolworths Personal Loan Balance

The harsh economic environment South Africans are facing today is making it harder for more individuals to keep their heads above water. An increasing number of people are relying on personal loans to see them through until the end of the month or to help them pay for unexpected expenses.  

Getting a Woolworths Personal Loan can give individuals the financial freedom to meet their most pressing needs. Once approved, you will have access to the cash in 48 hours.

More about the Woolworths Personal Loan Balance:

When you get a personal loan from Woolworths, the loan amount includes a monthly service fee as well an interest rate that is charged in accordance with guidelines set by the National Credit Act.

In terms of revolving personal loans, your Woolworths Personal Loan Balance will have a monthly service fee of R35.00 charged to it. For fixed term personal loans, the balance includes a R57.00 fee.

Woolworths understands the unpredictable nature of life and how finances can be thrown into disarray when unexpected circumstances are thrown your way.

Balance Protection Insurance is included to cover death, retrenchment, critical illness as well as temporary and permanent disability. This insurance pays your Woolworths Personal Loan Balance for up to 12 months if you ae retrenched.

More about the Woolworths Personal Loan:

Woolworths offers the flexibility to increase your limit should you need extra funds and you are able to make easy payments via monthly debit order. If you wish to settle your loan early, there is no need to worry about any penalties.

To qualify for Woolworths Personal Loans you need to:

  • Be at least 18 years or older
  • Have a valid South African ID
  • Have a bank account I your name
  • Provide your latest 3 payslips
  • Provide latest 3 months’ bank statements

To apply for the Woolworth Personal Loan, call: 0861 50 20 10

Categories: Loans

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