Absa personal loans are flexible allowing you to borrow between R3 000 and R350 000, with repayment periods range from 12 to 72 months. Following approval by Absa, you have immediate access to your funds. You also have the ability to pay off your loan faster (i.e. make higher repayments than you are required to), therefore reducing the capital amount of the loan.
Absa also offers an affordable Credit Protection Plan to settle the outstanding balance if you die, become permanently disabled or get one of the dread diseases. A monthly amount equal to your instalment amount will be paid for a limited period if you are retrenched or temporarily disabled.
For more information on Absa personal loans, click here.
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