Elite Personal Loans

Elite Personal Loans has been operating for more than 15 years and it has focused on the reality that most people face most of the time which is a need for cash before pay day or before the month ends. Misfortunes happen and can sometimes come during the month when all the cash from one’s salary or wages has been spent and there is no one with enough money to cover your financial needs. Waiting for the month end, pay day would be unrealistic and going to loan sharks is never a good idea.

Elite personal loans have filled this gap in the market and offers salary advances. It is one of the credit provider leaders with branches in the country operation in Gauteng, the North West, Free State and KwaZulu-Natal. The Elite Group is a micro finance company that offers short-term loans to South Africans. The loans start at R300 to R8000. The terms of repayments are easy and affordable ranging from month 1 to 6 months. The company also offers long term loans starting from R3 000 to R20 000, and the repayments are from month 1 to month 36, making it possible for the ordinary South African to repay the loan without having to sacrifice a lot.

Services

Elite has been in this market and industry of the financial sector for a long time and in the process it has come up with financial solutions for the people of South Africa. It offers individuals and businesses financing that is meant to answer to the financial needs of the individual or company. The company can also increase a loan when requested to do so. The credit provider operates in the space of short-term credit offering and also long term service offerings.

The incremental loans are meant for helping in housing finances. The incremental loans are best used and designed for home owners who want to build a house, extend a house and even undergo home improvements on the house, renovations and updates on a house. This type of loan covers such needs of home owners. Low to Middle income earners have used these credit facilities to improve on the conditions of their homes. The loans start from R3 000 to R20 000 and the loan can be repaid between 10 to 36 months.

Features

Pay day loans
Personalized Loans
Personal Loans
Incremental Loans

Benefits

Loans from R3 000
Easy repayments
Long term repayments
Documentation confidentiality

Potential clients for Elite-personal-loans and the qualification criteria are as that the individual must be working full time and must earn a monthly income from R2 500 to R7 500 per month.

Application information requirement:

21 years and older
Must have a valid South African Identity Document (ID)
Must have a pay slip for the past 3 months
Proof of Employment of two years

Once the application has been approved you will be notified and you can use the loan for whatever needs are meant to be covered.