Cobol – loan application
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Screenshot of https://cobol.co.za/, operated by: Cobol Finance, used under legitimate licence.
Contact
Company
Cobol Finance
Address
1 Devon Valley Rd, Devon Park, Stellenbosch, 7600
Website
https://cobol.co.za/
Representative example
Loan amount
R3,000
Repayment term
6 months
Monthly interest
3.00%
Monthly repayment
R590
Total interest costs
R540
Total amount payable
R3,540
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
R1K – R5K
Term
1 – 6 months
Interest from
3.00%
Approval
15 minutes
Age
15 minutes
Online application
Yes
Requirements
- ✓ The borrower’s age should be in the range of 18 to 65 years
- ✓ Users must pass a credit check
- ✓ Requires a current email address
- ✓ Provision of current phone number and Debit card
- ✓ Recent pay slips and Proof of address
Loan features
- Online loans up to R5.000
- Term 1 - 6 months
- Same-day cash