Alternative Loans Alexandra | Loan Interest Rates | Online Application
Located at the heart of Alexandra township, Alternative Loans offer credit to the disadvantaged individuals around Johannesburg. With the persistent research and understanding of the need of people in Alexandra, they aimed at closing the gap in the financial sector of the town by allowing easy access to credit when is needed the most
Tell me more about Alternative Loans
Alternative Loans offer unsecured personal loans from R500 up to R16 000 based upon you have good credit record of course. Loans are provided within flexible repayment terms and market related interest rates. Please note that you will be required to repay the loan within a period of a month or negotiate with the institution for longer term. There are no hidden costs and or administration fees, the interest charged will cover all that and will be discussed with you during the process of your application.
The company is registered with the National Credit Regulator, as such they always advise loan seekers to only apply for amount the can afford to pay off. Each application will be subject to an affordability assessment, as enforced by the Credit Act of 2005.
Once your application is complete and approved, funds will be deposited directly into your banking account in that same day. You can use the funds for anything you wish for, anything at all. You can pay for your children education, fix your vehicle, and so on.
Alternative Loans Application Requirements
If you interested to apply for personal loans, please ensure you meet the following requirement criteria:
- Your latest 3 months bank statements.
- Your most recent payslip(s) for one month.
- Your South African green bar-coded Identity Document/Smart Card.
- Proof of residential address
- Must be over 18 years old
Alternative Loans Alexandra Contact Details
Visit Alternative Loans at Kings Cinema Building, 48-2nd Avenue, Alexandra, Johannesburg to find out more detailed information about their product. You are also welcome to give them a call on 011 346 2378 to speak to a consultant telephonic-ally. Alternatively apply online on their website at www.alternativeloans.co.za.