- Amount: R1.000 - R5.000
- Term: 1 - 6 months
- Age: 18 - 65 years:
Cobol table of repayments
A representative example
Loan amount R3.000, repayment term 6 months, monthly repayment 696.07, total repayment R4 189.78, initiation fee R416.1, monthly fee R68.4, interest 3%, APR 124%.
Cobol experience and discussion
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Is Cobol a scam?
No. The product is absolutely fine and no need to worry about anything hidden. The company Cobol Finance really provides these loans.