Can I get a short term loan with my bank in Johannesburg?

Can I get a short term loan with my bank in Johannesburg?

Can I get a short term loan with my bank in Johannesburg?

These days, getting approval on a short term loan with a bank in Johannesburg is more difficult than it may seem. Although it’s tempting to believe that because the loan is a relatively small amount, and must be paid back in a short amount of time (generally around 12 to 72 months), your approval will be automatic, this is not always true. In recent years banks in South Africa have been forced to tighten their lending policies and now have strict evaluation criteria for anyone seeking a loan. The main point of consideration is the consumer’s credit score, which reflects whether or not they are a responsible debt holder and tend to repay their debts on time.