How can I get a small loan with my bank in Durban?
Even though the amount of a small loan is usually relatively low (between R5,000 and R150,000) getting your application approved can be more difficult than you think. This is because many South African banks have tightened lending restrictions and have certain criteria that must be met in order to qualify for a loan. When applying to get a small loan with Durban, consumers are advised to first check their credit ratings, as this may either tip the scales in their favour or disqualify them from a loan. All measures should be taken to improve credit score before applying, as this may also improve the interest rate offered.