At Southern Finance, they offer a quick and convenient solution from any short term financial you may have, from paying unexpected bills and much more.
Southern Finance Review
According to their LinkedIn Page, Southern Finance is one of the largest providers of installment loans and related products designed to help hardworking, everyday people get the money they need to help make ends meet.
Thanks to the hard work of every employee, Southern Finance has become one of Americas and South Africa leading consumer finance companies.
Each of theirr locations is staffed with friendly, knowledgeable loan specialists who pride themselves on helping customers get the money they need and treating each and every person with the respect they deserve.
Southern Finance’s most important resource is their people. Working here means you are not just an employee, but you will be part of a team that shares common goals and mutual success.
This is where you work if you want to make a difference in your own life, your customer’s lives and the lives of others in your community. Eligible employees can access their benefits program that includes a 401(k) and health coverage for you and your dependents. Learn more by visiting MyMoneyToGo.com.
Their application loan process is 100% online which is quick, easy and hassle free for anyone to apply.
You can make use of their 3 stage application process to apply for southern Finance Loan.
Step 1: Choose Your Loan Plan
Move the sliders on Southern Finance homepage and decide how much cash you want to borrow and when to repay it.
You can see the total cost, including interest, of your loan in real-time. Once your loan has been approved, funds are paid directly into your bank account.
You can apply for a loan online 24 hours a day, 7 days a week. Borrow between R500 to R4000 and achieve peace of mind that your monthly financial obligations will be met.
Payment is made the same day the loan has been approved.
To find out if you are able to get the loan, simply enter your South African ID number, if you are a South African and agree to theirr policy terms and conditions and get an instant answer.
Don’t worry because their innovative online platform can swiftly assess your application, perform required credit checks and transfer cash to your bank account on the same day you apply.
There is no hassle, no waiting and no hidden fees. You can tailor a loan to your financial circumstances and all interest and fees are clearly stressed from the outset.
Step 2: Tell Them About Yourself
After you have instantly found out if you qualify for our loan by entering your South African ID number, the rest of the process is simple. Simply complete their quick and easy online application form.
You will need to provide southern finance with your contact details, physical address and postal address along with your employer details and a breakdown of your income and expenses.
They will also need your bank details. This is so they can pay the money directly into your bank account and load the debit order for your repayment instalments.
Step 3: Recieve Your Cash
They will always verify your income prior to approving a loan. Southern Finance will conduct financial checks to ensure that all details are accurate and correct.
Once approved, all loan payments are made directly into the bank account that your salary is paid into.
It is your responsibility to make sure that the account is active and that you are able to make withdrawals. They will not grant loan payments to a third-party account. All payments will be made to an account in your name.
How To Become Eligible For Southern Finance Loan?
Before you can access any of their loan products you need to meet these criteria:
• You need to be a South African or American citizen
• You must be above18 years of age.
• You also need to be employed and have a valid bank account.
Southern Finance Credit Check.
Southern Finance do a credit check on your name, but if you have a bad credit record, you can still read our guide on how to improve your credit score.
And also it does not necessarily mean that they will not be able to assist you. Southern Finance consider a lot of other factors as well, and if they feel comfortable that you will be able to repay the loan that you made, they will definitely consider your loan application.
Is Southern Finance Legit?
They are accredited with the National Credit Regulator and that enables them to provide short term loans to the whole of America and South Africa. They are fully compliant and active.
How To Repay Your Southern Finance Loan?
When you apply for a loan, you can choose the southern finance repayment period that you would like to repay the loan.
Southern Finance will load a debit order on your account and every time you get paid an instalment is deducted from your account.
This means that you don’t have to worry about making cash deposits or any other form of repayment arrangement; everything is done automatically.
Note: Any non-repayments will result in a R50 service fee and 5% interest charge added every month. Should you fail to make payments for two months, your account will be transferred to an external debt collection company.
This will affect your credit rating and could decrease your chances of getting credit from external providers in the future.
Southern Finance Loans You Can Apply.
• Personal Loan
This ideal is for assisting in small purchases, unexpected expenses, establishing credit, or re-establishing credit. Cash for almost any purpose is available with quick same-day service.
• Southern Auto Loan
This ideal is for a variety of customers. With these loans, their customers have the flexibility to either purchase a car or use their car’s equity to acquire the money they need for just about anything. Simply use your title to put extra cash into your pockets.
• Southern Real Estate / Mortgage Loan
Southern Finance specializes in making real-estate loans at Southern Finance. Loans from $3,000 to $50,000 are their specialty, but they also make real estate loans of more than $50,000.
At Southern Finance, they do understand the importance of family and the well being of our customers. With a real-estate loan, the money can be used for whatever you want. Pay off bills or high-interest rate credit cards, make home improvements, take a vacation, or make major purchases.
• Southern Consolidation Loan
This type of loan allows you to combine all of your bills and monthly payments into a single convenient loan with a lower monthly payment.
How To Apply For Southern Finance Loan
Anyone can apply for the southern loans both Americans and South Africans.
Apply here if you are an American or here if you are a South African.