Personalized credit usually means that you can get the best offer of personal loan. Capitec Personalised Credit will be based on your profile as well as your needs.
You will get a loan with lower fees and with the best interest rates. Capitec permits you to apply for loan of up to R250 000 with straightforward repayment terms that range from 1 to 84 months. This depends on the amount of money that you would like to borrow as well as the time that you will require to pay the personal loan.
You just choose the amount that you desire, the monthly installment which will go well with your pocket, or the alternative that offers you the least interest rate. Keep in mind that the term will have an effect on your installments, therefore, ensure that you will be capable of repaying the monthly payments of the entire duration.
Capitec Personalised Credit does a credit check in just a few minutes. After they have examined your profile, they offer you a deal whereby you sign and accept the short term loan or the long term loan agreement, and the cash will immediately be put in your bank account directly.
Cash amounts of R1, 000 to R200, 000. Representative APR: 12.9. Credit terms: 1 month to 84 months. The calculation will be as follows.
If you got a credit amount of R25, 000 with a monthly installment of 2491.7 per month for 12 months, you will have a rate of interest of 14.21 to 27.39%. The whole amount owed is R29, 900.3, at the interest rate of 14.20. An extra payment of once-off starting charges of R1, 207.5, and a monthly service charge of R69.0 will as well apply. There is a credit premium charge of R5, 49 too.
To apply for loan, you should be above 18 years. You are required to have a copy of your ID, a copy of your most recent payslip, a 3-month stamped bank statement that shows your last three deposits of your monthly salary, and proof of address.
Capitec is undoubtedly the best among many others. They offer you affordable and flexible solutions that can aid you in calculating your installments. You might as well consult them for various sorts of loans, credit cards along with other financing methods.