BFS Loans, Bayport Financial Services

Staff Writer

Updated on:

In the demanding world that we live in it is not a taboo to find oneself struggling to make ends meet when the end of the month comes rolling in. Bayport Financial Services knows that the 21st century lifestyle comes with numerous responsibilities that were not necessarily a part of everyday life some 100 years ago. Today a car is not only a luxury can be considered a must have not to mention all the technological devices that are necessary for the smooth running of our personal and professional lives and then there’s rent, school fees, clothing and the list goes on. You need not fear when month end comes around when you have Bayport Financial Services at your disposal.

About BFS Loans

Bayport Financial Services is a financial service provider that provides unsecured loans to anyone across South Africa. An unsecured loan has the brilliant benefit of not needing collateral as a pre-requisite. Your assets and equity are safe as you won’t need to put up your vehicle or property up as collateral in order to be granted a loan. With a loan from the company you can get a loan amount of R1 000 up to R200 000. The amount that you need is all dependent on how much your affordability thereof.

The amount that you need will be classified as a short term loan or a long term loan. The repayment period also comes into play according to the amount that you have taken out. If you are looking to take out a sum of money that can be paid back within 12 months then you will be taking out what is known as a short term loan and it usually consists of a small sum of money relevant to your affordability within 12 months. A long term is classified as a loan that is to be paid back over a period of time that is longer than 12 months and usually consists of a large sum of money. The payment periods that the company offers range from 12 months to 72 months. The company also offers insurance products.
BFS loans

BFS Loans services

  • Personal Loans of up to R200 000.
  • Funeral Insurance.
  • Road Side & Vehicle Insurance.

Bayport Financial Services benefits

  • Access your monthly statements online.
  • Free credit health report.
  • Make your payments directly online.
  • Accredited by the National Credit Regulator.
  • Confidentiality of your information.
  • Quick and easy online application.
  • Get a response within minutes of submitting your application.

Remember that in order to qualify for a loan from Bayport Financial Services you must provide the following documentation:

  • South African ID.
  • 3 Months bank statement.
  • Proof of residence.
  • Recent payslip.
  • Be 18 years of age or above.
  • Be permanently employed by the same employer for three months or more.

Whether you are looking for a little extra cash to meet the unexpected expenses that have a knack of creeping in when you least expect it or whether you’d like to consider an alternative insurance product for your vehicle; Bayport Financial Services is here to alleviate you of any financial burdens and have you reclaim your financial stability.

Bayport Financial Services Loans contact details

Tel: 087 287 4000
Email: clientcare@bayport.co.za
Web: https://www.bayportsa.com/

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