Blacklisted? Need a loan? Mr Cash Loans offer fast personalised credit up to R150 000.
I think you would agree with me when I say the cost of living in South Africa has surprisingly gone up since the VAT increase.
Many people nowadays rely mostly on personal loans in order to make it through the month.
In this article, we’re going to review Mr Cash Loans services, why they offer such products.
Here’s more about Mr Cash Loans
Mr Cash Loans is a loan broker that operates and is governed by the National Credit Act (NCA).
Personal loans are available from R3 000 up to R150 000. These loans are offered within flexible repayment terms up to sixty (60) months.
Mr Cash Loans interest rate is governed by the NCA, therefor loans are provided at an affordable rate. Whatever the calculations, the interest rate will never go over 28%.
Mr Cash doesn’t really offer credit but acts as a middle-man between loan seekers and credit providers.
You don’t want to go in each loan provider offices handing applications, would you?
No. How do they do it…?
Mr Cash Loans will act on your behalf to find a loan that best suits your needs and expectations.
According to the National Credit Regulator (NCR) website, there are over 6000 credit providers in South Africa, including banks.
This means that Mr Cash will put your loan application with the partnered credit providers to check who’s willing to give you a chance – know what I mean?
Want to know the best part?
Blacklisted people can also to apply. Mr Cash offer personalised credit according to affordability and qualifications.
The institution understands people with bad credit struggle in getting loans. They’re simply closing that gap by offering practical and tested processes that can help people easily secure loans – quick.
We will have a look at what you need to qualify for Mr Cash Loans.
Loan offers from different credit providers will be sent to you for approval. You are given an opportunity to choose a loan just for you.
When you get access to loan opportunities that best suit your financial needs, it’s a win for Mr Cash Loans.
How to apply for instant loans
To qualify for fast loans, you are required to complete an online form with your contact details and the amount you want to apply for. Send the necessary documents for processing.
You can scan and send the documents via email or fax.
You need to provide the following documents along with your application:
- 3 Month banking statement
- Clear copy of your ID BOOK
- Latest PAYSLIP
Use the loan calculator to determine your monthly installment. Of course, the interest rate might change however the calculator will give a close estimate based on the current economic state of the country.
Once you approve the loan offer, money will be made available to you instantly – well of course, depending on the bank you use.
To find out more about Mr Cash Loans, please visit their website at www.mrcashloans.co.za to read more.
As mentioned above, you can also make your application online.
Alternatively, call them on 087 822 1779 to speak to a financial consultant – ready to assist.