Can I borrow money from my old mutual?
Old Mutual offers loans up to R250 000 with repayment terms of 3 to 72 months.
How do I know if I qualify for a loan at Old Mutual?
Are you a South African citizen between the ages of 18 and 60 years old? Do you earn more than R2 500 per month before deductions? Are you permanently employed or on contract for more than 3 months?
How do I know if I qualify for a loan?
How to Get a Personal Loan
- Check your credit score.
- Take steps to improve your score by checking for inaccuracies and paying down debt.
- Decide how much you want to borrow.
- Use lender prequalification to shop around for competitive rates.
- Submit a formal loan application.
How much is a 15000 loan per month?
Representative example
| Loan amount £15,000 | Monthly repayments £288.22 | Length of agreement 60 months |
| Total amount repayable £17,293.20 | Representative 5.9% APR | Fixed Annual Rate of Interest (nominal) 5.7462% |
old mutual loans
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