African Bank Personal Loans offer the following benefits:
- Loans to suit a wide range of needs from R500 to R150 000
- Flexible repayment periods between 3 to 60 months
- Consistency as your repayment instalments are fixed
- Quick access as the loan is disbursed directly into your bank account
- Convenient repayments via debit order from your bank account
Debt Consolidation Loans
Do you have multiple creditors and want to simplify?
Our Consolidation Loan is a credit management product that allows you to settle other debt and take the remaining capital out all in one loan. This helps you manage your credit simpler and more cost-effective way
African Bank debt consolidation loans offer the following benefits:
- Enables you to consolidate your debt with repayment terms from18 to 60 months
- Simplifies the administration of multiple lenders and multiple loans
- Often results in savings, due to the consolidation of administration fees
- A reduced instalment frees up cash flow
- A reduced instalment may also result in the customer being able to access additional capital
- No settlement quotes are required and customers can consolidate up to five accounts from a wide range of credit providers