Owning a house can be very expensive if you don’t have the financial muscle to backup your dream of having a place that you call home. While many people struggle to save vast sums of money to buy a home, some companies realized this gap and opted to offer financial services that enable them to achieve their goals.
Lendcor is one such financial institution whose services fit the above description. The creditor was established as a result of a joint venture of two companies namely Lendcor (Pty) Ltd and Solitaire Housing Finance (Pty) Ltd in 2003.
The creditor finances building materials to all customers who have a clean credit record. Lendcor offers loans from R1000 to R100 000 with a specified period of 60 months for repaying the loan.
The loan facility allows clients to go through some process during the application:
- Clients who require an immediate response should SMS “their ID number” and their surname and initials, gross salary to 42997. Vodacom users should SMS the above details to 30633 (free SMS). A client can alternatively call 0860003030 for new business, 080006060 when repeating business and 0860004040 for account related queries.
- Client is required to complete an application form with all the required documentation. A client should submit the following documents on this Fax number 0313053031. Latest payslip and a credit application.
- When the application has been approved, the creditor will fax the client a Loan Agreement that will be signed by the customer.
- Payment of the loan will be made once the client has signed and submiited the paperwork back to the creditor. The paperwork should include a client’s delivery note/invoice and a copy of their ID.
Interested clients can visit the creditor at their offices at 331 Anton Lembede (Smith Street), Mavundla House, Ground floor, Durban, 4000 or alternatively call them on 031 310 7100 . Clients can send emails to firstname.lastname@example.org