Credit Centre loans

Credit Centre, a financial institution with over 25 years of experience within South Africa’s financial sector is offering personal loans of up to R130 000. The institution will also run a promotion where its members stand a chance of winning cash prizes of R5000 every month.

Credit Centre offers benefits to its clients and this is done by providing an online attorney for assistance on legal matters. The firm has independent attorney firms on its panel whose focus is to assist clients with legal problems through the phone or via online means.

The legal team provides consultation in the below fields:

  • Clearance of criminal records
  • Maintenance matters
  • Bail applications
  • Criminal matters
  • Drafting of wills
  • Civil claims
  • Labour matters

The firm’s annual percentage rates are unsecured credit transactions whose initiation fees are as follows: R150 per agreement plus 10% of the amount of the agreement in excess of R1000 but never to exceed R1000 Interest rates.

What happens when you don’t repay the loan?

An initial cost will be charged if your debit order was unsuccessful as a result of insufficient funds or change of bank accounts without prior notice to the service provider. The service provider will make an effort to contact the client to solve the problem but the matter will be handed over to the internal collections department to see if a solution can be reached in the event that the client can’t be reached. If no agreement has been reached, the service provider will hand ovary the matter to external collections company or an attorney.

Categories: Loans