Absa Consolidation Loans – online loan South Africa
Debt management up to R350.000
Amount
R1K – R350K
Interest from
15.00%
Term
12 – 84 months
Approval
24 hours
Applying does not commit you to a loan agreement.
How to apply for Absa Consolidation Loans loan
- Apply online
- Take up a cheque account and apply for an overdraft
- Visit your nearest Absa branch
Quick overview
- Amount, R1.000 - R350.000
- Term, 1 - 84 months
- Age: 18 + years
Loan example
| Amount | Minimal repayment | Term |
|---|---|---|
| R50.000 | R1.319 | 12 months |
Loan example
The estimated monthly interest repayment for an overdraft limit of R15 000 at an interest rate of 15% per month where R8 000 of the overdraft limit has been used is R100.
Video review
Loan requirements
- ✓ To earn a regular monthly income of at least R2 000 per month
- ✓ To have a cheque account into which your monthly income is paid
- ✓ To be 18 years or older
Loan features
- Debt management up to R350.000
- Term 1 - 84 months
Frequently asked questions
24 hours after submitting your application.
The minimum amount at Absa Consolidation Loans is R1,000.