ABSA Revolving Credit Loan

In this article we will focus on the ABSA revolving credit loan for amount from R 15,000.

The provides an open facility to use and repay as you need and receive funds.

The nice thing about this facility is that the moment you repaid up to 15% of the loan value,  you can have immediate access to the funds up to the approved amount.

You need to be an ABSA client and earn a fixed monthly income of more than R 8,000.

You may repay this loan quicker than the fixed repayment contract from the bank,  which will decrease your capital portion of the approved loan amount.

We suggest that you do your best to repay the loan as quick as possible and even before the repayment contract. 

To apply you would need the following;

1.   a fixed monthly income.

2.  A South African ID.

3.  Confirmation of residential address.

4.  An ABSA bank account for the loan to be paid into.

We suggest that you do not lend money to purchase luxury items,  and only to use a loan for real emergency expenses.  

We would suggest some of these pages for more short term loan options.

Standard Bank personal loans - click here for review

Capitec Bank personal loans - click here for review

African Bank personal loans - click here for review

LCT finance for blacklisted loans - click here for review

Loan Finder SA for personal loans up to R 150,000 - click here for review

Boodle short term loans - click here for review

Wonga payday loans - click here for review

Did you find this article about the ABSA revolving credit loan useful?

Also visit Loan Finder SA

Share this page:
Find this page helpfull? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.

E-mail Address
First Name (Optional)

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Dryk Newsletter.