Short-term loans are a popular way of obtaining additional funds when most needed. The different kinds of short-term finance available, gives clients some extra breathing space during those months that are particularly tough on the pocket. Taking care of payments related to expenses such as repairs, education costs and medical expenses is much simpler when financial institutions create ideal short-term solutions for individuals.
Elite Loans is a pioneer and leading credit provider whose prime objective is to revolutionize the credit industry. The institution has created tailor-made credit options for individual needs. Elite’s loan services are extended to South African citizens who are at least 18 years old, with a valid I.D. Applicants need to be employed and have a current working bank account.
Elite Loans are offered from a minimum amount of R300 up to a maximum of R8000. As a short-term loan provider, Elite gives clients a flexible repayment plan of between 1 and 6 months to repay. The whole lending process with Elite is done through voice logging and is completed within 3 minutes. There are no administration hassles as repayment is done through Elite’s electronic debit order system. Once a loan is approved, loan repayments will be deducted automatically from your bank account.
Elite ensures the application process is as smooth as possible, by giving applicants the opportunity to get forms from any of their 18 front offices. Upon application, a credit check will be done to ensure that clients are in good credit standing.