Lifestyle Financial

Lifestyle Financial has provided South Africans with insurance and personal finance products for over 15 years.

With a focus on giving you affordable, comprehensive, and no-frills access to the finance you need when you need it.

They’re a one-stop shop for personal finance

If you’re looking for a loan and aren’t sure what financial product you should apply for, we have a solution. Lifestyle Financial offers everything from student loans to payday loans. They even offer affordable personal loans that don’t require collateral.

Every product is tailored to your specifications, giving you control and ensuring that you don’t get saddled with debt you don’t need. You choose the amount and the term of your loan, and they take care of the rest.

Uncomplicated online processes

Thankfully, the days of standing in queues for hours to apply for credit are long over. A minute or two on your phone or computer can get you the financial relief you need with a few clicks.

Depending on your bank and the loan option, you could receive a payment within minutes of applying.

You may need to employ a little more patience when it comes to personal loans. While online automation considerably speeds up the process, these loans usually consist of large amounts and must be processed more carefully.

Free pre-approval application

Getting to the end of the loan application process before finding that you don't qualify can be frustrating. Lifestyle Financial nips this in the bud by letting you determine if you’re eligible before going through the whole application process.

They check your credit score, make sure you tick all the requirement boxes and assess your ability to afford repayment.

Pre-approval can make the rest of the application process simpler and faster. And the most significant benefit is that it’s obligation free and costs you nothing.

Personal loans are an excellent way to pay for both planned and unplanned expenses.

Whether you’re planning home renovations or a holiday at the coast, your loan can be structured to cover large expenses and still give you a bit of wiggle room.

Unsecured loans of up to R150,000

Apply for a personal loan of between R1,000 and R150,000 that can be repaid over a maximum of 5 years.

Responsible lenders only approve loans such as these if their assessment shows that it’s affordable in your circumstances.

Lifestyle Financial is an NCR-accredited lender, so the interest rates and fees they attach to your loan are strictly regulated. How much your loan costs depends on the loan term, how much you borrow, and your credit score. A detailed breakdown of your repayments will be provided before you sign an agreement.

Fantastic short-term loan options

If you’re in the market for loans with shorter terms and faster turnarounds, Lifestyle also offers microloans of up to R15,000 with a 12-month repayment term.

Microloans are a fast and affordable way to deal with unexpected emergencies like your fridge packing up or your car breaking down. To save on administration fees, you can choose a shorter loan term.

Affordable funeral cover for up to 8 people

Lifestyle Financial also offers comprehensive funeral insurance starting at R30 per month. Their policies pay out within 24 hours and cover everything from tombstones to catering. If your loved one needs to be moved back to the province of their birth, this policy will cover it at no extra cost.

You can also opt for additional benefits for an extra fee. Get emergency medical services for R14.50, HIV assistance for R5, and legal assistance for R11. Their goal is to cover all eventualities, so you don’t have to deal with more stress.