A loan term from Finance27 Personal loan depends on the loan amount that you want to take, since Finance27 is an authorized financial credit provider that specializes on online short-term loans, Finance 27 has same day loans that are quick to apply for and have fair interest rates.
Finance27 offers personal loans that are affordable to many South Africans, you can apply for a minimum loan amount of R800 to maximum of R7200 and Finance27 personal loans have a maximum APR of 30%.
For example, if you borrow R800 the Fees from your loan will be R191 with interest of R14 so that means you’ll pay total of R1005 and if you borrow R7200 the fees from your loan will be R1211 with interest of R120 that means you’ll pay a total of R8531 to Finance27.
Finance27 Personal Loan Repayment Term
Short term loans from Finance27 have a repayment term that ranges for 61 days to 65 days and that will be determined by the loan you borrowed.
Requirements when applying for Finance27 personal loan online
- Must be South African citizen, 18 years or older
- Must have physical/residential address details
- Must have contact details
- Banking details will be required
- Employer information
- Information of your monthly Expenses and Income
Finance27 Personal Loans get deposited to your account the same day if you qualify, Finance27 will need your banking details to check whether you really get a monthly income and to ensure a secure loan deposit to the card you use to get your salary and the penalty for missing payment is 5% interest added and R69 service fee each month.
How to apply for Finance27 Loan
The only way to apply for Finance27 personal loan you can use the online website, then follow the prompts and if you wish to contact them you can use their email address: info@finance27.co.za or give them a call on : 012 941 1572
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