Blog posts in Lending In South Africa

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The Big 5 trending Banks supplying personal loans are moving and shaking! Loans online are becoming more and more prominent in South Africa. Here are the Big 5 Banks leading the charge in Personal Loans.

Student loans are designed to help cover the costs of university tuition fees, accommodation and study material. Student loans differ from other types of loans as they may have substantially lower interest rates and the repayment schedules may be deferred whilst the person is completing their education. A Student loan enables individuals to get a degree, diploma or other formal qualifications that they would not have been able to if it were not for the loan. Luckily, there’s a host of financial institutions in South Africa, amongst the traditional banks, that focus solely on providing student loans.

Around 40% of the credit provided by the country's top ten credit providers appears to be reckless according to the recently released Reckless Lending Indicator, developed by debt counselling firm DebtSafe.

Ever had that feeling of just not getting anything done properly due to a lack of time? Most of us have. The answer is simple, – it’s because we generally don’t manage the time we have – instead, we’d rather dive in and see what happens.

The reality is that it’s super risky business to invest with a loan. The investment you make with the borrowed funds should obviously rake in a much higher return on investment through capital gains or dividends than the interest amounting on your loan.

2017 is on us with a bang, and we're sure many of you want to make it your best year yet! So, to help you make the best of a fresh year, we put together some tips to help you get rid of that weighty debt.

As Fincheck now offers FREE credit score checks, we thought you might enjoy knowing where the data is stored and whether it is safe.

If you’ve been blacklisted, it doesn’t automatically prevent you from being able to access a loan. Some lenders do accept blacklisted clients. It’ll just take a little know-how and we'll give you a foundation to work from in this article!

Loan approvals are determined by many things, but the basic reasons will always surface. These factors will point you well into the direction of approved loan applications. But what does determine online loan approval?

We’ve almost hit rock bottom, and we don’t have to sit around waiting for things to start falling apart. We can create a better future, together. The only direction for the 2016 South African economy, is up. For the time being, we’ll just dig a little deeper into our pockets and work together to meet the needs of our country. Government has committed to see growth in the economy. How committed are you then?