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African Bank Debt Consolidation Loans is a credit management product that allows you to settle other debt and take the remaining capital out all in one loan. This helps you manage your credit simpler and more cost-effective way.
African Bank debt consolidation loans ADVANTAGES
- Enables you to consolidate your debt with repayment terms from18 to 60 months
- Simplifies the administration of multiple lenders and multiple loans
- Often results in savings, due to the consolidation of administration fees
- A reduced instalment frees up cash flow
- A reduced instalment may also result in the customer being able to access additional capital
- No settlement quotes are required and customers can consolidate up to five accounts from a wide range of credit providers
