A short term loan is a currently one of the most searched items on Google, mainly because of the bad economic situation. Everybody are searching for extra cash to come through the month. As the term indicates, the amount will be lend for a small period or time.
In most cases this loan will be
unsecured ... the credit provider will only require a fixed monthly
You will need the following to secure, depending on the credit provider :
- a valid ID
- a valid bank account
- confirmation of address.
- proof of income (some companies
even confirm this over the phone)
There are various companies providing this services, some might call it a payday loan. A payday loan is an advance on your salary before month end ... with terms up to 12 months.
We have done research on some of these companies. Click on the links below to read more about every company.
Wonga payday advance - click here for review and to apply
Boodle payday advance - click here for review and to apply
Capitec personal loan review - click here
Standard Bank personal loan review - click here
African Bank personal loan review - click here for the review and to apply
ABSA personal loan review - click here