Hippo Personal Loans - Compare Loans in a Few Easy Steps
What is Hippo.co.za?
You've probably seen a lot of adverts about Hippo Personal Loans on television and in newspapers - right?
Hippo is a loan comparison website and authorised financial services provider in South Africa.
If you are looking for fast cash loans, then you'll love the Hippo website.
Let's dive right in.
Why people love Hippo Personal Loans?
People love Hippo.co.za because the website gives them an accurate comparison of personal loans from various lenders.
You'll compare loan interest rates and repayment terms within a few minutes. This will allow you to customise the personal loan to fit within your plans and budget.
You can qualify for Hippo Personal Loans up to R150 000 from a wide range of credit providers in the country.
Think of Hippo.co.za as a loan broker - Connecting you to multiple lenders within minutes on the website.
Hippo has partnered with NCR compliant credit providers to save customers a lot of time and stress.
By just visiting www.hippo.co.za, you will know how much you qualify for at which interest rate.
Want to know the best part?
The process won't take you more than 10 minutes to complete. Apply for personal loans at your convenience, comfortable in your own space.
Once your online loan application is successful, the money will be made available to you immediately.
You can use the money for planned and unplanned expenses.
Here's how Hippo.co.za works
Comparing Personal Loan quotes on Hippo.co.za is fast, easy, and free to use.
Visit the website to begin the quoting process - very easy steps.
Enter your ID number and continue to customise your quote. Complete next form fields with correct information to get accurate quotes.
Hippo will check if the required information is filled in.
They will then send your information to partners for processing. The decision will be made by partnered lenders, not Hippo.
You'll then receive various loan quotes including the offered interest rate, loan amount, loan term, monthly repayment, total loan repayment and credit protection cover.
Compare Hippo Personal Loans and choose the best deal for you. Select a loan that best suits your pocket and will not overwhelm you during installments of the loan.
Your details will then be sent to the chosen credit provider for further communication about personal loans.
And it gets better.
You don't pay anything for using Hippo.co.za. It's absolutely free.
The money will be deposited directly into your bank account.
What you'll need to qualify
Lenders have their own different requirements. Some might require you to be permanently employed. While might only want you to have a regular income.
To apply, you must a South African citizen who works in the country and over 18 years of age.
You must have a bank account in your name. Hippo partners will use the bank statements to verify monthly income and other expenses.
When applying for Hippo Personal Loans, you will be asked to provide the following documents:
- Copy of your green barcoded ID.
- Three months' bank statements.
- Proof of residence.
With Hippo.co.za, you can compare two types of loans: secured personal loans and unsecured personal loans.
Hippo secured loans would require you to provide collateral, such as a home or car, to back the loan.
While unsecured personal loans do not require any collateral, the loan is based on your credit rating.
Hippo Loan Calculator
Loan calculators are very important in the process of applying for personal loans.
They'll give you an estimate of how much you might be looking to pay for a monthly installments.
You can use the Hippo loan calculator for the same reason.
Though it's just for illustration.
You'll choose the loan amount you want to apply for using the sliders. Select repayment term that you prefer.
The calculator will put a default interest rate for illustration.
You will then get an estimate on your monthly repayment.
Hippo Contact Details
If you have any questions and queries about Hippo Personal Loans, contact hippo from www.hippo.co.za.
Visit the contact page and complete the form with your details and a consultant will call you back.