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Jackie T.,
Mthatha
I received a debt consolidation loan through Procompare. You made my life much easier, thank you Procompare!
Kamogelo C.,
Cape Town
Procompare is a great company with excellent service. I will definitely use it again in the future.
Imani R.,
Margate
They were quick in moving on with my request and they kept me updated and checking if getting any help, excellent work.
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You may not qualify for a debt consolidation loan if you have already defaulted on repayments or had judgments against you. If that is not the case, you still have to meet certain qualifications: they vary slightly from provider to provider, but in general you must be between ages 18 and 60, you must be a citizen of South Africa, your income must be a certain amount (usually at least R2500 per month), and you must be permanently employed at the same employer for a certain amount (usually at least 3 months).
If you have a few loans or credit accounts to pay off, you can make repayment easier by bundling all your debt into a single debt consolidation loan. This reduces your admin fees to one and allows you to restructure your debt. Be mindful that your consolidation loan might have a longer repayment period than your other personal loans.
Debt consolidation loans are typically offered as unsecured loans over terms from 12 to 72 months.
Good morning,I need an amount of R.00 to settle all of my debt and to fix my vehicle. The banks turned my applications down,the last two was ABSA and Old Mutual Yesterdays, for the reason I'm applying for financial rescue currently, to update all of my debt and to pay back a loan at a affordable rate and period.
I have about R30k debt and I want to pay it all and pay 1 service provider. Then improve my credit score. I AM a teacher .went threw some dificult times in serious family problms .now I am just want to rebuild my life and positive credit scores. My Gross salary is R29k and net salary is about R
I am a single mother of two kids am employed but my work doent not meet all my needs so with that i ended up borrowing money from people thats makes the situation to be worse becouse come month end i dont have money .so now i have started a small business to assist me but i am sort with money fore stcock that why would like to apply fore these loan .
