Frequently Asked Questions

 

1. What is your loan term?

We only do payday advance loans, 30 day cash loans.


 

2. What do I need to apply?

  • Id Book
  • 90 Days Bank statements
  • Latest pay slip
  • Need to be employed longer than six months permanent.


 

3. What if I have a bad credit record?

You can still apply and we will calculate the risk factors.


 

4. Can I borrow money if I am under debt review or Administration?

No. You are not allowed by law to borrow money and your debt councilor or administrator should have informed you about it.


 

5. Do you use credit checks?

Yes. We do credit checks and we also submit our data to credit bureaus and the NLR.


 

6. How do I Have to pay back?

We swipe your card through the nupay payment system. It needs you to enter your pin and create a debit order for a future date.


 

7. What is your interest rate?

5% per month. But there are some other fees as well and the amount of days also impacts on the total cost. A good average to use is for the total cost is 25% per month


 

8. What the maximum amount I can borrow?

We look at your affordability before we can assist you. If you have less than R1000.00 disposable income, we cannot assist you. We require you to be honest in completing your affordability so we can assist you in a positive manner; we don’t want to over indebt you as our client.


 

9. How long does it take to get a loan?

30 minutes.


 

10. How is the money paid ?

Cash or into the account of your choice.


 


 

Designed & hosted by AiNet Internet Marketing


© 2012  Tshelete Thuso Cash Loans   -   Design   © 2012   AiNet Marketing CC