Where can I get an affordable loan? Is there small or maximum cash I can loan out? How is the loan repayment structured? What will my installment be and the interest rate? Is my credit rating checked before I get a loan? Maybe this is you as you have been thinking of getting a loan and you do not know who or where to go. Hi Cash is a credit lender that will loan you without any credit check.
About Hi Cash loans
Hi Cash is a credit provider working to help you access loans when you need it. The lender has understanding of the financial needs that come by and the loan packages are tailor made so that you can be able to afford it. Money does not always last till the next pay day. Every month its different, sometimes you spend more than expected and your budget can be ruined. This can mean transport money is used up because of a need during the month. Hi Cash knows that such situations occur and you may need money to take you through the month.
Hi Cash Services
If you are seeking a long for the first time, don’t worry. Hi Cash website is where you apply to get a loan, it’s easy to navigate. The loans on offer are Cash Payday loans and Asset lending. For cash payday loans they start from a reasonable R500 and go up to R10 000. For asset lending the loan can go up to R100 000. As mentioned before that no credit checks are made. However the loan is secured against something. You must have collateral as a form of security for the loan. The loan will be seduced against jewelry, motor vehicle, artwork or anything of value. This is done to protect the lender from any loss. If you can’t pay back the loan, the security will be sold to settle the loan off.
- Flexible repayments
- No credit checks, someone with bad credit record can apply
- Loan up to R100 000
Hi Cash applications are done online. The site is basic and does not have lots of unnecessary icons to click on. The online form is easy to fill. To obtain the loan you must be working with a reasonable salary every month end. You must also be 18 years of age or older. You will be required to:
- Produce a South African Identity Document book or card
- Pay slips not older than 3 months
- Bank account not older than 3 months
- Produce residential address
- working cellphone number for contacts
The application will be processed and once you are approved your money will be made available. You can use the loan for the purpose that which you requested it for and do make sure you pay and settle the loan in time. All credit providers add interest on loan with arrears.
For more detailed information and for application you can look into the website. Alternatively you can make a phone call during office hours and request information you need.