About – SA Loan Services
SA Loan Services makes the online loan application process simple for South Africans. The company is an accredited financial broker service provider adhering fully to the highest industry standards and to all regulations as well.
Your loan will be transferred to the legal collections department of your bank and you will be listed as a slow payer so your credit score will automatically go down.
the best loan deals directly
We work with all types of lenders from all over the country to provide the best loan deals directly to you. We will negotiate with the lenders on your behalf and help you secure your dream loan.
Since 2004, we have helped thousands of blacklisted individuals who have been rejected by the big banks with getting short-term credit and finance. Our service is completely free for our clients. We do not charge any fees whatsoever.
Services – SA Loan Services
If you do not pay your personal loan as per the repayment schedule, it will go into default. This is a listing on the credit bureau that you are not paying your debt and acts as a warning for other lenders.
Implications of Non-payment
If the matter is not resolved, the bank will take legal action against you. You will receive adverse listing with all credit bureaus and it will remain on your credit report for a maximum of 2 years.
Your lender will send a final demand letter and appeal to obtain a court judgement which, if granted, will appear on your credit record for 5 years.
You will be forced to repay the loan either through your salary or through the liquidation of your assets.
Summary of Services
- Personal Long-term Loans
- Student Loans
- University Grants
- Education Finance
- Study Loans
- Personal Loans
SA Loans Services Student Loans Review - Do They Offer Sufficient and Affordable Finance?
You can congratulate yourself on getting accepted to university. Now you have to think about the finance of your studies. Use this SA Loans Services review which will provide evaluation of the student loans offered by this company. It will help you find out if these finance products match your needs and requirements.
A speedy and professional service
SA Loans Services is a company dedicated to facilitate the online loan application process. It has been operating since 2004. Its online platform was started back in 2011 and has already gained considerable popularity. You will receive a speedy professional service based on transparency and commitment to serving the customer.
submit an online application
The student loans of SA Loans Services work in the same way as personal loans. They are available from a large number of lenders. After you submit an online application to the service provider, a consultant of theirs will contact you to present an offer, if you meet the basic eligibility criteria. The service is quite fast and this is one of its major advantages. It will save you time and effort for sure. You can readily calculate how useful and affordable the loan till be to you and accept or reject the offer.
various loan amounts
The student loans available via SA Loans Services offer various loan amounts. You can obtain a sufficient amount of cash for paying a considerable chunk of your tuition fees. Since the credit product works like a personal loan, you will be able to spend the money as you deem fit. You can use it to pay for your accommodation and not necessary to cover the tuition fees.
Interest Rates fro from 14% to 32.5%
The interest rates are compliant with the regulations of the National Credit Act. They typically range from 14% to 32.5%. The rate charged on your loan will depend on your sponsor's credit rating. Blacklisted applicants have high chances of approval, if they are employed and earn sufficient income to repay the loan.
The repayment term can be as long as 7 years. The repayment of the loan begins straight away. Throughout the whole term, the monthly instalment will include both a chunk of the principal amount and interest payment. This review's conclusion is that the student loans of SA Loans Services are very easy to get and can be used effectively.