The benefits of choosing an African Bank personal loan are:
- Immediate release of approved amounts
- Hiring up to R350,000
- Up to 72 months for payment
- Interest rate (APR) from 15% to 24.50%
Why does Clube Utua recommend the African Bank personal loan?
Personal loans are types of loans to consumers offered under flexible contracting terms. As they are loans granted without the need to indicate assets as collateral or guarantors, they are applied at interest rates compatible with the offer.
At African Bank, the personal loan can be contracted online and its analysis takes place immediately, taking into account your financial data and documents submitted at the time of the request.
With this loan, you can choose to use it for expenses with education, renovations or the acquisition of real estate, the acquisition of cars, paying off old debts, or fulfilling that dream of yours for years.
Being able to hire up to R350,000 and with a deadline of 72 months for payment, at the time of your request you can calculate all the interest applicable to your loan up to the last installment based on the amount you need.
Author’s opinion
In recent years, the demand for personal loans has grown and with that, several options have been made available in the market for hiring. With so many options, it is always advisable to choose those that have the best hiring conditions.
As the financial market routinely fluctuates, interest rates cannot be fixed for all securities. For this reason, it is recommended to use the interest calculator in the request field to ensure that the interest will not increase extra spherically the contracted amounts.
A tip for your pocket
Loans are considered a red flag for your financial history, given the high default rates by consumers. Therefore, when taking out a loan, plan to pay off your installments within the maturity dates agreed with the bank so as not to incur interest and late payments.
Don’t go into the statistics, keep your financial history positive so you can always count on banking services.
Do you already have plans for your loan? Find out now how to hire yours at African Bank!
