Compare loan options from banks before signing in Johannesburg
In South Africa, loan offers are highly dependent on the credit status of the borrower. This means that you have to have a near-perfect credit rating and a flawless repayment history to be offered prime lending rate from a bank (if you are offered the loan at all – many with poor credit are simply denied). But not all lenders are created equal, and many lenders offer specialised loans and differing interest rates for different types of consumers. For this reason alone it is worthwhile to compare loan options from banks before signing your loan agreement in Johannesburg or the rest of the country.