Yebo Loans- offering flexible affordable loans
Started back in 2005, Yebo Loans is a lending institution based in Port Elizabeth that specialises in offering a wide selection of personal loan products.
Traditional lending institutions are quite popular in South Africa. An interesting trend to note however is that micro-lending institutions are giving banks stiff competition in the financial industry. Clients now have a range of options available when they need financial assistance in the form of credit. They are no longer solely dependent on banks.
The loans offered by Yebo Loans are available to South African citizens who are currently employed. The lender also assists customers who have a poor credit rating or who have been blacklisted and cannot obtain a loan from a traditional commercial bank.
What Yebo Loans has to offer:
Yebo Loans offers short term loans between R5000 and R120 000.
The loans are unsecured, so there is no collateral required for the loan.
Yebo Loans offers highly flexible and affordable interest rates.
Once you have been approved, the loan amount will be transferred to your account within 24 to 48 hours.
You can select the repayment term in line with your preferences.
Loans take no longer than a day or two to obtain, so you don’t have to wait too long to get access to your finances.
Once your sign the loan agreement, the cash will be made available in your automatically.
Interest rates that are charged are based on the applicant’s creditworthiness.
There is no limit as to how you can use the loan.
To qualify, here’s what you’ll need:
- Be a South African citizen
- Have a valid South African I.D.
- Be employed for more than 3 months at the same employer
- Provide the latest copy of your payslip
- Present your latest 3 months’ bank statements
- Provide proof of residence (not older than three months)
Once you are approved for a personal loan from Yebo Loans, you will have the financial freedom to use it however you wish. You can use it to pay for a deposit on your car, or to pay for tertiary education costs.
To contact Yebo Loans, call: 087 151 1537 or send an email email@example.com