African bank is currently the largest lender of loans in South Africa and offer a variety of products to their clients.
African Bank have made quite a few short term loans up to R12 000, as well as larger long term loans up to R180 000, available for their customers to apply for. They offer very reasonable interest rates in regards to their short term loans and that is exactly why they have grown so quickly in the loan market.
We have also recently heard that in regards to your repayment, you can choose if they should deduct it off your salary or bank account, which gives you the flexibility to decide what is going to work best for you.
Always remember when applying for a personal loan, be sure that you can afford to repay your loan and did not get a personal loan just for additional spending on a holiday or something in that regard. If you do need additional funds that month due a needed additional expense, do apply, but be sure you can fit in into your monthly budget. When looking for a short term loan, be sure to look at African bank for your personal loan requirements.
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