Debt consolidation loans
Please read this information and make sure this is the right loan for you
Debt consolidation loans from R10 000 – R350 000 over up to 72 months
Thank you for showing interest in our debt consolidation loans.
A debt consolidation loan is an option to settle the smaller debts you may have. By consolidating and taking a loan over a longer period, you can improve your cash flow.
Complete our online application form and select Debt consolidation loan as the loan reason to apply for this loan. We will let you know within 24 hours if you qualify.
We can assist full time employed clients, commission earners and self employed clients that meet the criteria.
We work with clients that take home at least R5 000 per month. Please ensure you only apply if you meet this salary requirement. We will not be able to assist you if you earn any lesser.
We may not assist you with a loan application if you are under a debt management program. That includes administration, debt review or sequestration.
The interest rate will be from 20% – 30%. The rate you receive is based on your personal financial profile and will be discussed with you in your offer.
Your loan approval depends on your credit profile and affordability. Clients that pass the pre-approval check will be contacted to discuss your application and offer. You will receive an email from us with the outcome of your application.
Clients that meet the criteria for an offer will need to submit the following documents:
1. Clear copy of your id document
2. Proof of residence (not more than 2 months old)
3. Your latest 3 months bank statement
4. Your latest payslip
If you are looking for vehicle finance please visit https://premierfinance.co.za/vehicle-solutions/ to find out more about our vehicle finance solution.