Types of Loans We Can Assist With

At Ayoba Loans, we value the unique financial needs of our varied clients and offer a range of loans accordingly. When it comes to the types of loans we can assist with, you’re in the right place to consult our team and receive valuable insight. Different loans come with specific repayment timelines, interest rate structures, and maximum amounts.

There is the right loan type out there for you, which will work out the best for your needs. Choosing the correct loan type is important. Here are the types of loans we can assist with at Ayoba Loans:

30 Day Loan:

This is a straightforward short-term loan that gives you instant access to the money you need. The loan amount can be up to R8,000 but is rarely that high. Keep in mind that this loan needs to match your affordability and you are usually offered a limit that matches your credit score. The full loan amount is normally due by the time you receive your next salary in your account.

90 Day Loan:

Many clients enjoy the short-term commitment of our 90 day loan option, which is easy to be approved for, even if your credit score is not great. This is because lenders prefer shorter lending terms for new clients as there is a limit to the risk their accepting. Sometimes this loan is less stressful on a consumer’s budget than a 30 day loan, where the full amount is due in just one month. Now, you have 3 months to repay the loan.

Blacklisted Loans:

Even consumers who are blacklisted can fall on hard times, which may occur before their credit profiles are cleared. We assist with legal and transparent blacklisted loans given as secure finance, which means that you place a valuable asset up as collateral against it. Our financially savvy team will help you choose a loan amount that works for your budget and should not cause you undue stress.

Personal Loans:

Whether you need a short-term loan to give you some wiggle room in your budget or a long-term personal loan to help you afford studies or a large purchase, personal loans can help. It is up to you what you want to use the money on, but plan wisely and look forward to an investment in your happiness or future. You may even require a personal loan for an emergency expense, which can drastically improve how you come through a challenging time.

Long-Term Loans:

Making important decisions with your money may mean investing in a long-term loan. It is also important to note that a long-term loan can be the solution to affording otherwise impossible expenses like a dream wedding or important medical procedure. Whatever your reason, you can benefit from lower monthly instalments due over a longer period of time.

Consolidation Loans:

If you have many debts in your name that cause you stress, this is a good option to manage your debts more easily. Consolidating your debt allows you to repay all your creditors by taking out one large loan. Going forward, you pay back just one loan which has one associated interest rate, saving you money every month.

At Ayoba Loans, we cater to a range of needs with various loan options. All our lenders are National Credit Regulator approved, offering professional services you can count on.

Apply for a loan Today!