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Last Updated: 12 February 2015|15:51 GMT (CNBCAfrica)
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A healthy personal loan is one that offers you many benefits, specifically suited to your personal circumstances. Before you go out to get a loan though, you should be able to make an informed decisio
Most South Africans will at some stage in their lives be in a position where they will need to access a loan in the form of a personal loan. We've covered some basics on what a loan is to help you understand more about the context around getting a loan. We also spoke about why someone will need or will want to get a personal loan, in a previous article.
But, before you head on over to our Fincheck Loan Comparison Calculator and get yourself one, we need to show you one or two more things about a personal loan.
Every person should know that there is always responsibility and consequences when making a financial decision to access more cash in the form of a loan. So we crafted some simple pros and cons for you to know about before applying for a personal loan.
There's nothing wrong with taking out a loan. In fact, taking out a personal loan can be a smart financial decision! We hope these pros and cons have shown you that you can take out a personal loan wisely by carrying the responsibility for it as a financial decision with consequences.
It’s now safe to head on over to the Fincheck Loan Comparison Calculator and see if there’s a loan for you through our online loan application process!
Fincheck is a financial comparisons website that organises information to assist the borrower in making their best financial decision.
Fincheck gathers information from numerous banking partners and presents it to the borrower in a simple, understandable way. Lenders benefit from an additional market place and extensive customer reach. Loan amounts vary from lender to lender. Fees, interest rates, loan amounts and credit scores influence the repayment terms. Lenders require personal details to control their risk and assist the government to combat theft, money laundering, terrorism. Fincheck does not endorse any particular product or company. We are an independent company. The information shown and provided is an opinion, based on numbers and must not be seen as advice or consultation.
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