Old Mutual is one of the oldest financial institutions in South Africa and they have been around for a good number of years and offer a variety of financial products to the consumer market in South Africa.
They also offer personal loans and their offering is a great option for consumers since they allow for repayment terms of 3 months up to 48 months, which provides great flexibility in terms of monthly repayment terms. They offer personal loans up to the value of R100 000 and provides fixed interest rates on time of application.
It is important to note that only individuals can apply for a personal loan and although there are small businesses looking for loans, they only provide loans to individuals that are older than 18 years.
For small businesses there are quite a variety of institutions out there that offer loans and we are going to be looking at these option sin closer detail in the coming weeks, so check back soon for all the latest news and reviews related to these types of loans.
Old Mutual is one of the largest financial institutions in South Africa and with office and retails stores nationwide; they are one of the trusted companies out there that offer personal loans.
With their customers care line, they provide transparency to users and they can contact them online or on the customers care line with any questions or comments related to their personal loan.
One last thing to note is that you need to provide them with a payslips, not older than 1 month and also with bank statements of the last 3 months. For anyone looking for a personal loan be sure to look at them and contact them directly with any questions or comments.
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