Can I get a short term loan with my bank in Cape Town?
When applying for a short term loan in Cape Town, it’s important to keep a few considerations in mind before beginning the application process. The main factor that affects your loan’s approval is whether or not you have a good credit record. A credit record is your financial standing with any credit institutions in South Africa. It reflects your payments and whether you have any late or defaulting payments over the last few years. Almost all banks in South Africa will check your credit score to see whether you are considered a responsible borrower and can repay your debts on time.