Letsatsi Finance Loans will help you any time when you need some extra cash, Letsatsi Finance provides comprehensive financial solutions that are made to suit every individual needs short-term and long-term loans being among those services, in this article we are going to help you understand these credit products much better.
Letsatsi Finance has been helping many South Africans financially for about 25 years providing a wide range of credit solutions that are simple to obtain and very affordable.
The interest rate for Letsatsi Loans is 0.16% each day, fees are R69 per month including a credit insurance of R4.50 for every R1000 borrowed.
Short-Term Loan
With the Letsatsi Finance short-term loan you can borrow a loan amount starting from minimum of R500 to maximum R7000 quite enough compared to other short-term loans and repayment term ranges from 2 months up to 6 months, no hidden fees or interests, here’s a an example, if you borrow a loan amount of R7000 with a repayment term of 6 months your monthly payment will be R1652,95 your fees and interest will be R2917,69 and in total you are gonna pay R9917,69
Long-Term Loan
Letsatsi Finance long-term loan start from a minimum of R1000 up to maximum of R50 000 and this credit product has a reasonable repayment term that ranges from 7 months to 13 months enough period that can suit many peoples needs.
Letsatsi Finance Loans Eligibility Criteria
The following requirements are compulsory for both short-term and long-term loans and meeting these requirements will increase your chances to qualify for the loan.
- You must be South African, 18 years or older
- Must be permanently employed
- Must have an active bank account
Letsatsi Finance Required Documents
The following documents will be required by Letsatsi Finance through the application process for both long-term and short-term loans
- Valid South African ID card or document
- Latest 3 months bank statement
- Latest 2 months payslip
Where To Apply For Credit
You can easily apply for Letsatsi Finance Loans on the website by simply choosing the loan amount you desire and the repayment term using the sliders after that you can click the “Apply Now” you will redirected to the application form where you will be required to provide your work and personal details.
Letsatsi Finance Loans Contact Details
You can simply contact Letsatsi Finance using the following details, if you have any enquiries
- Phone: 011 802 4073 or 0860 992 998
- Email: info@letsatsifinance.co.za
To get more loan product you can simply click here