Are you looking for a reliable company or reputable lenders that can help you getting personal loans with no credit check in South Africa? Easy Cash Loans is one of the most reliable companies that provide this kind of service. Take a look at what kind of help they can offer.
What is Easy Cash Loans?
Easy Cash Loans SA has been providing quick cash loans to South Africans for more than 3 years already. They process more than 60,000 loan requests every year which amounts to over R4 000 000 000.
The numbers above prove the reputation of Easy Cash Loans SA as one of the most reliable loan-matchmaking service providers in the country. Moreover, they only partner with reputable lenders who offer flexible loan terms regulated by the National Credit Act.
The maximum amount you can borrow is R150 000. However, some lenders may approve more than this amount if you have a good credit standing and are able to repay the loan on time.
The loan can be used in any way you want to. It can be used to repair your home, pay your bills, pay for your child’s education, or settle other debts. Easy Cash Loans make sure their loan terms and conditions are easy to understand to avoid vague conclusions and misunderstanding during the repayment period.
Easy Cash Loans SA only approve requests from clients who can afford to repay the debt on time. They won’t grant your request if they deem that you’ll be unable to complete the repayments on the agreed terms.
Getting Your Loan
To apply for Easy Cash Loans, simply fill out the application form available on their website. It will only take a few minutes to complete. Submit the form together with the additional documents required to process your application.
Easy Cash Loans SA will process your application once they receive all the requirements needed. You’ll be notified through SMS regarding the status of your loan application. If you wish to cancel your application, you must notify Easy Cash Loans SA within a week from the date you’ve submitted your request.
Easy Cash Loans do not perform credit checks themselves. However, the lender you’ll be matched with may perform credit checks if necessary.
All information gathered by Easy Cash Loans are protected by the regulations enforced under the Electronic Communications and Transactions Act. You can rest assured your personal details won’t be used anywhere else without your approval.
Interest & Fees
Interest rates and fees vary from one lender to another. You can get more details on this once you’ve been given a lender you can work with.
The repayment period may vary depending on your lender. Usually, the shortest time they allow is 12 months while the maximum limit is 72 months. This can be negotiated with your lender to suit your ability to pay.
To qualify for Easy Cash Loans, you must satisfy the following conditions first:
- You’re a South African citizen who is at least 18 years of age
- You have a regular monthly income amounting to at least R1 500
- You have an account with any bank in South Africa
Lenders usually ask for the following documents, so make sure you have copies of them on hand before proceeding with your application:
- Proof of residence (bills for the past 3 months)
- Bank statements and payslips for the past 6 months
Easy Cash Loans won’t be able to grant your loan request if you fall under any of these conditions:
- You’ve filed for bankruptcy
- You’re undergoing financial administration
- You’re undergoing debt review
- You’ve been proclaimed to be insolvent
- You’re undergoing a debt restructuring plan
You can fill out the contact form found on their website to get in touch with Easy Cash Loans SA.