How to Apply for an MBC Finance Personal Loan
Looking for a personal loan to cover unexpected expenses? MBC Finance offers flexible options to meet your financial needs.
Flow Finance personal loans can borrow up to R1000 and still choose between three repayment options.
With short repayment terms, MBC has a simple application process, which fund you within some business days after application.
Who can apply?
When applying for a personal loan with MBC Finance, there are several requirements you need to fulfill. These requirements include, but are not limited to:
- Being employed for at least three months;
- Have an active bank account in your name;
- Have a valid South African ID.
During the application process, MBC Finance will also require some documentation, including your most recent three months’ bank statements.
Flow Finance will also request your latest payslip, to make sure you can repay your loan on time.
How to apply?
After complying with all the requirements, you can apply for your MBC Finance personal loan online.
You just need to access the MBC Finance website or its app and follow these simple steps:
- Open Flow Finance website;
- Look for the loan application section;
- Select the amount you need to borrow
- Select the day you receive your payment
- Select the desire repayment term and click on “Apply Now”;
- Fill out the application form
- Upload the requested documents
- Submit the application
Flow Finance will assess your application and inform you about the decision.
If your loan application is approved, MBC Finance will send you an agreement with the loan’s terms, rates, fees and amounts.
After signing the loan agreement, the approved funds will be disbursed to your designated bank account within the specified timeframe.
Looking for other online lenders? Then check Flow Finance’s R2000 personal
Southern Finance offers a short-term personal loan, also known as a Pay Day loan, which is intended to cover urgent expenses.
This loan is suitable for customers who can repay it from their next monthly earnings. It can be used to cover medical bills, unexpected costs, or provide budget relief.
Unlike a secured loan, this is an unsecured loan, meaning there is no need for collateral.
Borrowers can request loan amounts ranging from R500 to R8,000, and the repayment term for the Pay Day loan is between 61 and 65 days.
There are several major advantages to Southern Finance’s loan, making it an appealing option for those in need of quick access to funds.
Firstly, the application process is 100% online, allowing borrowers to conveniently apply from the comfort of their own homes.
Additionally, Southern Finance ensures a prompt response within 24 hours of submitting the application, ensuring borrowers can swiftly obtain the funds they require.
Another significant advantage of this loan is the absence of prepayment fees, giving borrowers the flexibility to settle their loan ahead of schedule if they choose to do so.
How to apply?
In conclusion, Southern Finance offers a flexible and convenient solution for customers looking for an easy-approval, unsecured, and short-term personal loan.
If you’re interested in applying, tap the green button below and check out all the requirements to get approved for a Flow Finance personal loan!