Old Mutual Financial products – Plans Designed for Particular Loan Needs
Recognised as among the most ancient financial institutions in Africa, Old Mutual has continued to grow its potential customers; through innovatively designed product or service. The institution will continue to revolutionize the industry through providing unique solutions to aid clients with their debt.
Loan products are offered as the personal loan option and also a debt consolidation solution.
Old Joint My Money Approach:
One of the most popular plans available, this solution is some sort of debt consolidation loan. Industry is offered up to R150?1000 in finance that will consolidate their personal loans. Debt consolidation is a approach used by many individuals to record multiple debts. Instead of having to run around at the conclusion of the month forking out various creditors, this consolidation loan by Previous Mutual structures your debt into a single, merged payment. Old Mutual negotiates on your behalf to help you get lower interest rates. Payments are expected between An individual to 60 months. Interest rates are fixed and is relying on your individual credit report. To qualify, you must be employed for at least 1 year at your current recruitment.
My Personal Loan:
This plan makes it possible for clients to borrow up to R100?000. Repayment stipulations range from 3 to help 48 months. In order to reach the qualification prerequisites, you must be employed for a minimum of 3 months at your present-day employer. Credit Life cover is included on this system, ensuring that debts are paid up in the event that you happen to be no longer able to as a result of permanent disability and also death.
In addition to these kinds of loan options, Aged Mutual gives customers a Back- to- School loan product.? Up to R5000 is offered, that is used to pay for your kid’s education.
You need to be 18 years or even older
You need to have a valid Southern region African I.Deb.
You must provide your present payslip (no older than one month)
You must provide ones latest 3 months; traditional bank statements
Call Old Mutual and also speak to a consultant:? 0860 A thousand?886.