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Why should I use “The Loan Company”?
Our processes are quick and efficient and the money is paid into your account immediately.
What documentation do I need to provide?
ID, driver’s license, proof of address, original registration document, service book and keys.
How much do I qualify for?
Our loans start from R5000 upwards and are dependent on the value of the asset that will be used as surety.
What is the repayment period of the loan?
The loan and the interest can be paid back in 61 – 90 Days.
Why does “The Loan Company” hold onto my asset for the duration of the loan?
We do this as surety on the loan amount, as soon as you settle the loan we return your asset to you.
Where is my asset stored while it is in possession of “The Loan Company”?
Your asset will be stored away in a secured lock up storage facility with 24hr security, CCTV cameras etc.
Do I need insurance?
While your asset is in our possession we will insure it, but we recommend that you also keep your insurance in place as well.
What will happen if I don’t have the money to pay back the loan?
As long as you pay back the interest and the charges on the loan, we will extend the term of your contract by agreement.
More Question? Ask us!
If you cannot find the answer to a question you might have for us here, enquire today and we will gladly assist. Complete the form and get in touch today.