This article has everything you need to know about the Old Mutual Personal Loans Calculator.
If you were looking to get a loan from Old Mutual, you might want to check out this page first.
I’m going to show you how to get started with the calculator, how to use it to your advantage.
Bottom line:
If you want to know how the loan amount you could qualify for, then you need to visit the loans calculator.
Why use the Old Mutual Personal Loans Calculator?
As mentioned above, you can use the Old Mutual loan calculator to understand your loan application.
With the calculator, you’ll be able to calculate and estimate how much your personal loan repayments will be.
That alone is very important to know before getting into any loan agreement – be Old Mutual or any institution.
Look:
Life isn’t perfect. We all have those months with unexpected and unavoidable expenses.
You might think you’re well prepared for everything, but life is exactly like this. You’ll find yourself in financial distress in a matter of minutes.
But the Old Mutual personal loans calculator can help you manage your cash-flow with ease.
You must take note of the following when calculating the total cost of a loan:
- Interest: your interest rate is determined by your credit score
- Fees: these include an initiation fee and monthly service fees
- Credit insurance: a credit provider might require you to have credit insurance.
About Old Mutual
Old Mutual is registered with the National Credit Regulator and fully complies with the Credit Act of 2005.
The company has been in business for so many years. They understand the South African markets so well.
Hence, they design products just to meet customer’s financial expectations.
They believe in responsible lending. You will be offered a personal loan which you can afford to pay back.
Quick advice:
Never take out a loan only because you qualified for it. Always calculate the total cost of a loan as well as your monthly repayments to ensure that you can afford it.
For more information about the Old Mutual personal loans calculator, visit www.oldmutualfinance.co.za and read more.
Use the calculator and qualify for a loan up to R200 000.