If you work for a government department, municipality or other public-sector organisation in South Africa and need financial assistance, Premier Finance welcomes you to use our network and free assessment services.
Whether you are looking for a personal loan, want to consolidate existing debt, or need a vehicle but are struggling to qualify for traditional vehicle finance, there may be an option worth exploring.
Rather than applying randomly to different providers, you can start by using the Premier Finance service that best matches what you need.
Personal Loans for Government Employees
Government employees looking for a personal loan can use our free loan search service.
Instead of completing applications with multiple lenders individually, you can submit your details through one online application. Your information is assessed against the criteria of lenders in our network to identify lenders that may be able to assist based on your financial profile and affordability.
There is no cost to use the Premier Finance loan search service.
Who can apply?
Our personal loan search service is available to permanently employed applicants earning at least R5,000 per month.
Government employees are welcome to apply.
Loan approval is not guaranteed and there are no special guaranteed terms simply because you are employed by government. Every application is assessed according to the individual lender’s requirements, including your income, existing financial commitments, affordability and credit profile.
Looking for a personal loan?
Why Use a Loan Search Service Instead of Applying Everywhere?
When you need money, it can be tempting to submit applications to multiple lenders hoping that one will approve you.
Premier Finance provides another way to approach the search.
You complete one application and we use your information to determine whether lenders within our network may be able to consider your application.
This can make it easier to explore potential lending options without having to search for individual providers yourself.
If a potential option is identified, you can review it before deciding whether you want to proceed.
Debt Consolidation for Government Employees
For some government employees, the problem isn’t necessarily needing another loan. The bigger challenge is managing several existing debts every month.
You might have:
- Personal loans
- Credit cards
- Store accounts
- Short-term loans
- Several different monthly repayment dates
If this sounds familiar, a debt consolidation loan may be worth investigating.
Debt consolidation combines qualifying debts into one credit facility with one monthly repayment.
The objective should not simply be to take on more credit. It should be to determine whether restructuring qualifying debts could give you a clearer and potentially more manageable repayment structure.
Start with a free debt consolidation assessment
Premier Finance offers a free initial debt consolidation assessment.
Before a formal lender application is submitted, your income, existing debt obligations, affordability and credit profile are reviewed to determine whether debt consolidation may be suitable for your circumstances.
If it isn’t suitable, you can receive feedback on the outcome rather than simply submitting another loan application without understanding your position.
Government employees who meet the qualifying criteria are welcome to complete the assessment.
Want to know whether you could consolidate your debt?
Can Government Employees Under Debt Review Get a Loan?
If you are currently under debt review, you generally won’t qualify for a new personal loan or debt consolidation loan until your debt review status has been successfully removed.
If your financial circumstances have changed, however, you may be able to have your debt review status assessed to determine whether you qualify for debt review removal. Premier Finance offers a debt review removal assessment to help establish whether removal may be possible based on your individual circumstances.
Once debt review has been legally removed and your credit profile has been updated, you can begin exploring financial options that may be available to you again.
If you don’t currently qualify for debt review removal but need a reliable vehicle, you can also explore our rent-to-own personal vehicle option. This is not a traditional vehicle loan and can consider applicants who are currently under debt review.
Currently under debt review?
Which Option Should You Consider?
The right starting point depends on what you are trying to achieve.
I need access to additional funds
Start with the free personal loan search service. Your application can be assessed against lenders that may be willing to consider your financial profile.
I have too many debts and repayments
Start with the debt consolidation assessment. This will help establish whether qualifying debts could potentially be combined into one repayment.
I want a loan but I’m under debt review
You generally cannot access a new loan while under debt review. Start with our debt review removal assessment to find out whether you may qualify to have your debt review status removed before exploring new credit options.
Government Employees Are Welcome at Premier Finance
Financial circumstances differ from one person to another.
Some government employees need short-term access to funding. Others are trying to get existing debt under control. Some simply need reliable transport but no longer fit the criteria used for traditional vehicle finance.
Our aim is to help you find the appropriate route for your circumstances, rather than promising that one financial product will work for everyone.
Premier Finance works with a network of financial service providers and solutions, giving government employees access to different options from one place.
There is no guarantee of approval for any credit product. Lending decisions remain subject to the relevant provider’s criteria, credit assessment and affordability requirements.
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