Empréstimo pessoal da Old Mutual
Borrow from R2 000 up to R250 000 with fixed interest rates and repayment terms from 3 to 72 months. Enjoy transparent costs and fast payouts.
Old Mutual offers a personal loan solution ranging from R2 000 up to an impressive R250 000, catering for various needs from emergencies to big-ticket purchases. Repayment terms are flexible, spanning 3 to 72 months, allowing you to tailor your payment plan to your budget. The interest rates are fixed, meaning your monthly repayments remain predictable over the lifespan of the loan, even if broader market rates change. Typical costs include an initiation fee, monthly admin charges, and the interest itself – all disclosed upfront for transparency. This is an unsecured loan and subject to an affordability assessment.
Como se candidatar: passo a passo
Start by confirming you’re a South African citizen, aged 18 to 60, with a monthly income of at least R2 500. Have your ID, 3 months’ bank statements and latest payslip ready. Applicants must also have 3 months of continuous employment with the same employer. You can apply online, at an Old Mutual branch, via WhatsApp or over the phone. If approved, your funds typically reach your account within 24 hours of finalisation.
Principais vantagens
One major benefit is the clear, fixed interest rate – you always know what your repayments will be. Loan amounts and periods are highly flexible, so you don’t need to borrow more than you require, or be stuck with unaffordable instalments. Additionally, Old Mutual is a reputable lender, giving peace of mind.
Possible Drawbacks
You’ll pay an initiation fee and monthly admin charges, which adds to your borrowing cost. If you have a lower credit score, the interest rate offered might not be the lowest available in the market. Furthermore, approval depends on affordability checks, so approval is not guaranteed even if you meet the basic requirements.
Veredicto final
Old Mutual’s personal loan delivers strong flexibility, reliability, and fixed rates in the South African market. Its range of loan amounts allows for both small and substantial needs, and the lending process is simple and clear-cut. As long as you meet the eligibility criteria, it’s a solid option to consider for personal financing.
