It does not matter how much we try to save or use our income sparingly, we will always run into financial constrains. When this happens, the first thing that comes to mind is to go out and look for more cash. It is difficult to get assisted by people we know or even family members.
This is where a personal loan comes into the equation. We think of the bank or service providers who are willing to give us that cash to see us through. Temporary loans come very handy. Some of this type of loans are applied for via an ATM. This saves us time as we do not have to go inside the bank.
Capitec Temporary Loans – How To Apply?
Capitec offers its clients a variety of financial services and products. A temporary loan is one of financial assistance you can get from Capitec bank. Temporary loans fall under short-term loans because they are indeed for a very short period of time. It is a type of a loan you take and repay when your salary comes into your bank account held with Capitec.
You can apply for a temporary loan of up to R4000 from Capitec. You will not need to submit any documentation since the application is completed online. There a set of requorements that Capitec has put up for applicants to follow. These are as follows:
Applicants must have a bank account with Capitec
- You must be 18 years of age to apply
- Have a clean credit record
- Have a source of income that is stable
There are three ways you can submit your temporary loan application at Capitec.
- You can visit your nearest Capitec branch
- Apply telephonically
- Apply online
Visit your nearest branch – many people prefer going inside the branch to submit their application for temporary loan. This is one of the options that many say is much easier for them.
The second option is to apply telephonically. This you do by phonic Capitec bank and your call gets attended to by one of the consultants who will guide you in the process. You will be asked a few questions by the consultant which will include your monthly income.
Thirdly you can submit an online application for your loan. This is achieved by downloading and filling in of an application form.