Blog posts in Loan Costs

As a country facing a lot of debt, we're doing our best to help South African consumers understand credit health, loans and other forms of finance. In this educational series, we're tackling the loan industry, whether it's cash loans, online loans, payday loans or blacklisted loans! In this post, we're looking at the pros and cons of loans, as well as the things that influence your loan.

Times have changed and the landscape of loans looks vastly different than it did ten years ago. Not only are there a number of new, different and creative providers out there that has to submit under a new National Credit Act and regulations, but, for the most part, the long queues and endless paperwork that was required to get a one has been exchanged for online applications that are processed within minutes. What does this mean for you?

What is a hard credit check? The hard credit check is logged on your credit report when you apply for credit at a cred

You need to get some bang for your buck. Taking out a loan nowadays can be risky business. That is why you must ens

You’ve read the news. You kept an eye on the what’s happening lately. Is it smart to make a loan application in 2016? I

Have you heard of peer-to-peer lending? Peer-to-peer lending, abbreviated as P2P, is the practice of lending money to unrelated individuals, or "peers", without going t

Continuous credit advances - is it good or bad? What is it? What are continuous credit advances? Generally, it can be s

Interest rate changes have some interesting effects on an economy. How does it work? And when does it affect you? In So

Duplum means double, or perhaps double the trouble in the case of interest on loans. Literally translated, in duplum means 'double the amount'.

Hard credit checks are extremely important. Loan providers are contacted every day by prospective customers. But h