Bridge Loans – When you are looking for some extra cash you can turn to Bridge loans to improve your cash flow. You can apply for a loan between R300 and R7 100 with payment periods of between 1 and 6 months. Some of the things you can apply for a loan from Bridge include medical expenses, home improvements, car repairs and just normal day-to-day expenses. The beauty about Bridge Loans is that how you use the funds is entirely up to you. How much is approved will be determined by your credit record and affordability.
Bridge is a registered a registered credit provider in accordance with the National Credit Act. This gives you peace of mind knowing that all their operations are regulated. It also means you will not b charged any hidden fees when you apply for Bridge Loans. Their loans are unsecured which means you don’t have to provide any security to get a loan. At Bridge they will always try and assist you where possible however, they will not approve a loan that you cannot afford.
Bridge loans come with interests rate that are affordable ensuring that you are not left worse off but better off. They see to improve the lives of all South Africans by giving them financial assistance when they need it. With branches nationwide you are able to apply for a loan from any part or province of South Africa. Their flexible payment option allows you to select a term that best suits your budget.
Requirements To Apply For Bridge Loans
- You must be 18 years or older
- A copy of your South African ID
- Proof of residence
- 3 Months Bank Statements
- Latest Payslip
- You must be permanently employed
Application for Bridge loans is done in a simple process online. The first step involves you submitting your details online. The second step will be one of their consultants contacting you and going through your loan application with you. The third step will involve you sending supporting documents. If all is order this will be followed with money being transferred to your account.