African Bank Consolidation Loan

Looking for a debt consolidation loan? – Look no further than African bank.

When it comes down to getting a loan whether it is a home loan, a personal loan, or a debt consolidation loan, we all seek transparency. All too often people get themselves into loans that are not clear and they then find that they are not paying what they signed up for. With African Bank, you know what you pay for from the word go.

A little history on African Bank

African Bank is a retail bank in South Africa. The bank was founded on 4 April 2016 by Sam Motsuenyane. African Bank offers financial products and services. In 2019 they boasted an impressive 3,886 employees. African Bank is licensed as a locally controlled bank by the South African Reserve Bank and its headquarters are in Johannesburg.

African Bank's mission

Their mission is simple. African Bank wants to be a successful retail bank with a wide range of products and services to offer. They seek to provide more value than their customers expect of them. African Bank also promises to live out their purpose of humanity through banking in all that they do including debt consolidation loans.

A debt consolidation loan from African Bank

African Bank has designed their debt consolidation loans to be exactly what their clients need and require. The flexibility when it comes to the repayment options and loan amount is entirely in your hands. African Bank offers debt consolidation loans of up to R350,000 that are sufficient even for heavily indebted people.

Most banks offer a debt consolidation loan. It is important to know what you are getting yourself into beforehand.

With African Bank, transparency is a high priority. They offer you lower repayments on their debt consolidation loans. With their flexible terms, you can manage your money better. With no settlement quote required, the process is convenient.

You can take a payment break on your loan

African Bank offers its existing clients a very unique and helpful feature. Sometimes we all find ourselves in some kind of unplanned pickle. African Bank understands this and that is why they have this amazing feature. The 'Choose your Break' feature allows you to take a payment break on qualifying loans should the unexpected happen.

African Bank answers quickly on debt consolidation loans

Applying for a debt consolidation loan from African Bank will leave you with a deciding answer in no time. They understand that when you are stressed out about financial factors, waiting is the last thing you want to do. By providing the answer you need when you need it puts them above the rest in the industry.

Ease your mind with credit life insurance 

There are many things that can happen during a debt consolidation loan term. African Bank knows that ensuring certain things is important and a debt consolidation loan is no different. With this insurance, you will be covered for up to 12 months when you are retrenched. It will also cover you in the event that you should get disabled, critically ill or die during your loan term, credit life insurance will settle your outstanding debt consolidation loan amount.

Unlock freedom with a debt consolidation loan from African Bank

A debt consolidation loan from African Bank can ease your debt burden with up to R350,000 and flexible repayment terms ranging from 12 to 72 months. With this funding option, you could enjoy interest rates from 15% to 24.50%.