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Letsatsi Finance Loans

Last Updated: May 29th, 2018
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Letsatsi Finance Loans
Letsatsi Finance Loans

Finding a loan that best suits your needs is never easy. Letsatsi Finance Loans offer solutions that covers any financial situation you may face.

In this article, expect to learn more about Letsatsi Finance products, from payday to consolidation loans.

Why?

Because, the institution knows you very well. They understand you need extra help in hand in your financial life.

Letsatsi Finance Loans are here to partner with us.

More about Letsatsi Finance Loans

I think you’d agree with me when I say finding a loan is one thing but getting that specifically tailored for your needs is another.

Letsatsi Finance offer four types of financial products in a form of loans. We will review all of these products in detail below. The idea is to help you make sound decisions in your financial life.

Before we look at the types of loans, let me give you a brief about the company.

Letsatsi Finance & Loan is a micro finance company registered with the National Credit Regulator in South Africa. The company was established in 1999.

Over 17 years later, the company is still pushing strong with over 50 branches nationwide.

They’ve built lifetime relationship with consumers and have become the most trusted credit provider in the country.

Checkout real-life reviews on Hello Peter.

Now:

Here are the products

1. One Month Loans

Payday loans from R500 up to R8 000 payable in your next salary date. If you were looking for a very small loan which you can quickly pay it back, Letsatsi One Month loan would be best for you.

You will get approval in just an hour and receive payout same day.

2. Short Term loans

Ideal for unexpected financial emergencies, you can qualify for a loan up to R8 000. Unlike the One Month Loan, you can repay the loan within flexible terms up to six (6) months.

Approval in just an hour as well and payout in the very same day.

The best part? You can have more than one short term loan.

3. Long Term loans

Personal loans designed for people who don’t mind getting into a long-term loan agreement.

Get a loan from R1 000 – R100 000 within repayment terms up to 36 months. Spend the money for whatever you wish for.

Just like the short-term loan, you can have more than one long term loan as well.

Payout, same day and approval in an hour.

4. Debt Consolidation

The most significant Letsatsi Finance loan product. With debt consolidation, you can combine all your loans into one affordable monthly payment.

Letsatsi Finance will settle all your debts into one convenient and affordable loan. The institution can only consolidate your debts up to R100 000.

Letsatsi Finance debt consolidation loan is offered at a competitive interest rate.

Want to know the best part?

You can use the money however you feel fit.

You can use the money for the following events:

  • House related expenses
  • Vehicle expenses
  • Education
  • Personal consumption
  • Medical emergency or bills
  • Funerals Special events
  • Traditional Ceremonies

Here’s what you need to apply for the loan

To qualify for personal loan, you need to meet the following requirement criteria:

  • You need to be a South African citizen aged between 21 and 60 years old
  • You must be permanently employed for more than 6 months (earning at least R3500 per month)
  • Recent banking statement (to which your salary is paid into)

For more information about Letsatsi Finance loans, visit their website at www.letsatsifinance.co.za to read more.

You can also give them a call on 011 802 4073 / 0860 992 998 to speak to a financial consultant.