Budget Personal Loan – Life is full of surprises and one common surprise is unexpected expenses. If you find yourself in such a situation where you are in need of a little extra money you can apply for a Budget personal loan. Budget will make sure you get the cash injection you need.
You can apply for a Budget Personal loan of R5 000 up to R150 000. How much is approved will depend on your individual credit profile and affordability.
Repayment terms are flexible. You can choose a term that best suits your budget. The available terms are from 12 months up to 60 months.
Budget Personal loans are provided and administered by Direct Axis SA and authorised financial services provider.
Some of the expenses you can apply for a personal loan include medical bills, vehicle repairs and home renovations. How you use your funds is entirely up to you.
When you apply for a Budget personal loan you will get to enjoy competitive fixed interest rates. This will mean repayments are fixed. You get to benefit from better budgeting as repayments will not go up even if interest rates go up.
No collateral is required to apply for a personal loan.
You will get a Personal Protection Plan. This will settle any outstanding amounts on your loan in the event of your death, permanent disability or certain dread diseases.
Budget personal loan are compliant with the National Credit Act. They are committed to responsible lending. This means they will not approve a loan that you cannot afford.
Requirements To Apply For Budget Personal Loan
- You must be 18 years or older
- A clear copy of your ID
- Monthly income of at least R5 000
- Three months bank statements or payslips
- Bank Details – this should be same account where your salary is paid
- Proof of residence
- A good credit record
Application for a personal loan can be done online. This saves on time usually spent in queues at branches. It also give you the convenience of being able to apply from the comfort of your home or office.
Budget Personal Loan Contact Details
For more information on personal loans from Budget you can visit their website www.budgetinsurance.co.za or call them on 0861 60 01 20.