Are you in need of a loan? Then you are at the right place. In this post, I am going to bring you a complete guide on how you can apply for a loan at Sanlam Credit Solutions.
Without wasting much time, let’s get into the details!
About Sanlam Loan
Sanlam is a multi-billion-dollar financial services conglomerate that has been creating value for its stakeholders since 1918. They are fully operational across numerous global markets, with their headquarters in South Africa. In South Africa, Sanlam is classed as a domestic systemically important financial institution. In all of the marketplaces where they operate, they contribute to financial stability and prosperity.
Requirements For Sanlam Loans
Prior to submitting an application for a Sanlam loan. It’s critical that you have a few documents on hand. The following are a few examples of these documents:
- a copy of your smart ID card or green barcoded ID book.
- Details of your bank account (account into which your salary is paid)
- A copy of your pay stubs or bank statements for the previous three months.
Finally, it’s crucial to remember that you must reside and work in South Africa to be eligible for a loan.
So, are you in need of a loan and have all of these documents on hand? If you answered yes, you’re one step closer to receiving your desired amount in no time.
How do you know you qualify for Sanlam loans?
As a client, you will only qualify for Sanlam personal loan if you have a good credit score. Sanlam will use the information you provide during your loan application to draw your credit report which will be later analysed to see if you qualify for a loan or not.
Your monthly income will also determine if you qualify for a personal loan or not.
Debt-to-income Ratio: Sanlam will as analyse your debt to income ratio to also check whether you qualify for a loan or not.
The worth of your collateral will also determine whether you qualify for a loan or not, so make sure you have something substantial to present such as a car, house or business.
How Sanlam Loans Work
Before applying for a Sanlam loan, there are a few things to keep in mind.
- You can tailor your repayment term to suit your budget (from 24 months to 6 years)
- Repayments are fixed for your full loan term so that you can budget ahead easily
- Sanlam will always take your current financial circumstances into consideration and never lend you more than you can comfortably afford to repay
- Qualifying Sanlam Reality members could get up to 20% of their loan repayments back once they’ve made 12 consecutive repayments.
Sanlam loan Application
Sanlam makes it a point to stay current with technology advancements while also providing some of the best services and terms available. As a result, obtaining a personal loan is a simple and straightforward process.
To apply for a Sanlam personal loan, you don’t need to go to a bank or wait in line; instead, you can apply online from the comfort of your own home.
All you have to do is click here. You’ll be taken to their loan application page, where you’ll find a simple online application form to fill out. After you’ve submitted your application, all you have to do now is wait for your response.
Sanlam Loan Contact Details
Get in touch with Sanlam today using the information below.
0861 44 00 44
8:00 to 20:00 | Monday – Sunday
0861 20 40 60
8:00 to 17:00 | Weekdays