Credicor Loans with branches accross Pretoria offers clients unsecured short-term loans from R500 to R6,000 extended over one month to medium term loans ranging from two to six months. These loans come with different repayment terms which range from weekly, fortnightly to monthly through debit orders. In order to give clients some form of protection, Credicor offers death and disability cover which ensures that the balance of the loan is paid off in the unfortunate circumstance of accidental death or disability. This insurance cover is underwritten by Mutual and Federal.
How to qualify for Credicor Loans
To qualify for this credit facility, a client needs to be 18 years and above, be in possession of a South African ID, show proof of residence, present proof of employment and stable income, a client should also have a bank account where debit orders can be conducted.
Credicor is indeed a credible option for micro finance in South Africa. Credicor can be contacted on 0860223262 and trained consultants are always ready to assist clients.
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