Auto & General Personal Loans – are you seeking for the finest credit provider who can supply you with personal loans of up to R150 000 with reasonable repayment terms?
The good news is that Auto & General Personal Loans are the ideal credit option for you since they are tailored to your specific demands and budget.
Auto & General is best known as an insurance company, but it also offers loans and funeral coverage. Since its beginning in 1985, Auto & General has grown to become one of South Africa’s main leaders in the short-term insurance business, boasting several firsts in the industry.
Why apply for Auto & General Personal Loans?
Auto & General has been offering complete insurance and credit solutions to South Africans for over 27 years, and they know first-hand how much that support means to thousands of people and families.
Their Auto & General Personal Loans allow you to borrow up to R150 000 and have adjustable repayment options ranging from 12 to 60 months.
Your best interests are always prioritized by Auto & General, which is why their interest rate will be fixed for the life of the loan, avoiding the danger of volatility.
Repayment plans are based on a review of your financial situation and affordability, and they guarantee that you are comfortable with making monthly payments.
This will allow you to better manage your budget because you will know exactly how much you will be paying each month and will not be influenced by fluctuating market prices.
Personal Loans from Auto & General are given in compliance with the National Credit Act requirements.
Auto & General Personal Loans APR
For illustrative purposes if you take out a R125 000 loan over a 36-month period with a percentage rate of 27.50% interest rate you will be required to pay back a monthly installment of R5 724 a month.
Additionally, you will be charged a R69 monthly service fee included within that monthly installment amount.
Auto & General Personal Loans FAQs
How can I qualify for a Personal Auto & General Loan?
Borrowers may apply for an Auto & General Personal Loan online and they will contact you back to finish the process, or you can phone us at 0861 877 775.
What is the Auto & General Personal Loans Requirements?
To qualify for Auto & General Personal Loans, you must be over the age of 18, have a South African Identity Book, earn a monthly minimum income of R5000, provide your most recent 3 months of bank statements, or pay slips, provide details of your bank account, provide recent proof of address not older than 3 months, and have a good credit record.
What is the maximum loan amount I am eligible for?
You may be eligible for a loan ranging from R1 000 to R150 000, depending on your specific circumstances.
How am I going to obtain my money?
The amount of your loan will be sent immediately into your bank account.
When would I receive my funds?
You will receive your funds within 24 hours once your loan has been authorized.
What is the best way for me to pay my monthly loan installment?
Your monthly loan payment will be deducted automatically from your bank account on the date you specify during the application process.
Will interest rate fluctuations influence my loan repayments?
No. Your loan’s interest rate will be locked at our current rate for the duration of your loan, ensuring that your repayments will never increase.
Auto & General Personal Loans Contact Details
Contact Auto & General consultants on 0861 020 021 for the best credit solution for your needs. They will answer any queries you have about their personal loans.
Their contact centre is open from 8 a.m. to 8 p.m. every day of the week. For more information, please visit their website at www.autogen.co.za.
