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About Mashonisa

Mashonisa puts you in control so you can quickly compare loans and interest rates. Obtaining an unsecured loan is similar to making any other purchase choice, as long as you meet the risk profile requirements. Mashonisa provides a list of several lenders offering different loans. Comparing all the important factors, such as loan amount, interest rate, and repayment conditions, is made much simpler by us. You may be certain that you are securing the finest loan for you in this manner.

Additionally, you may confirm that the loan’s length is enough and that the monthly payments is manageable. Your goal in applying for a loan is to reduce, not raise, your immediate financial concerns.

Understanding the various loan options and their advantages is crucial when comparing loans.

There are many loan providers in South Africa whom all have a multitude of necessities for credit applicants, you may qualify for a loan at one provider but not the other.
Mashonisa.co.za has already earned the confidence of more than 10 000 South Africans.

Mashonisa was founded in 2010 with the aim to immediately and directly match your loan application to a qualifying lender by completing a single loan application.

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More details and benefits of Mashonisa loans

What is a personal loan

A personal loan is an effective short-term financial solution. It is nearly certain that we will all need to take out a loan at some point since life often throws curve balls that we don’t see coming.

You may choose loan rates and conditions that work for you based on how much money you want to borrow. Short-term loans, however, often have higher interest rates. Longer loan terms are often only available for larger sums of money and allow you to make set monthly payments that you can afford, as with house loans. Longer loan durations also often provide better interest rates.
You could sometimes want a personal loan amount that you can return over a period of six months, like a payday loan. Loan terms may, however, also be extended in lender proposals. Mashonisa makes an effort to ensure that you understand the interest rate and total cost of your loan. A fixed-rate loan will guarantee that the interest rate won’t alter over the loan’s term.
Consequently, you are fully aware of the amount of your monthly payments. The knowledge that the debt you are repaying won’t grow gives you further piece of mind. On the other hand, you are aware that it won’t go down either.
Mashonisa compares loans provided by several lenders. Simply complete our application, and we’ll provide you a list of specific offers from lenders.

 

A representative example would be the projected monthly repayment of R1,232.82 for a loan of R30,000 over 36 months at a maximum interest rate including fees of 27,5% apr. Repayment intervals might be 2 to 72 months. mashonisa.co.za is not a lender; rather, it is an internet loan broker. We deal with South African ncr-licensed lenders, and our service is free. Lenders may begin charging interest rates as low as 20% apr, plus an initiation and service fee that is decided by the lender. The quoted interest rate is contingent on the applicants’ credit history and any further criteria the lender deems appropriate.

Need a quick loan up to R20000.00?

We Mashonisa immediately guide your single application.

Get a couple of loan offers, Select your best offer.

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We are aligned with over 20 credit providers in South Africa.

Your information is kept safe.

You can apply for a loan on top of your loan.

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CONTACT US HERE +27 182 7065