Budget Insurance - Loans up to R250.000

Budget Insurance - Loans up to R250.000
Screenshot of the site: https://www.budgetinsurance.co.za, author of the site: Budget Insurance Company Ltd., the screenshot is used in behalf of the legal licence.

Budget Insurance

  • Online loans up to R250.000
  • Term 12 - 60 months
  • Cash in your account within 24 hours

Budget Insurance Review

Quick overview

  • Amount: R1.000 - R250.000
  • Term: 12 - 60 months

Budget Insurance table of repayments

Amount Fee Total payment Term
R1.000 R1.628 R2.628 18 months
R30.000 R12.012 R42.012 18 months
R40.000 R19.928 R59.928 24 months
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A representative example

Loan repayment terms range from 12 months to 60 months. The maximum interest rate with regards to Budget Personal Loan* is 27.75% per annum (compounded monthly). Your rate and initiation fee will be determined according to your personal risk profile. An illustrative example of a loan at an interest rate of 27.75% would be: Loan amount of R7,500 borrowed for 24 months. Annual Interest Rate: 27.75%. Initiation fee (charged upfront): R936. Monthly service fee: R69 Total Amount payable: R13 338.Monthly instalment amount: R556. Please note our interest rate will never exceed the maximum as prescribed by the NCA of 27.75%. Fees subject to change based on risk profile.

Budget Insurance experience and discussion

Budget Insurance experiences

Tell us your experience with Budget Insurance at info@coolfinance.co.za and we will publish it anonymously into our discussion.

Is Budget Insurance a scam?

No. The product is absolutely fine and no need to worry about anything hidden. The company Budget Insurance Company Ltd. really provides these loans.

Lincoln Ndirangu Lincoln Ndirangu(LinkedIn)
Lincoln Ndirangu is a professional freelance web copywriter based in Nairobi, Kenya. For over 7 years, writing for the web and engaging the online audience has been primary focus and passion.More information...