Consolidating debt with standard bank
these loan rates depend on individual creditworthiness and income, which also factor into approval criteria for a top 10 loan.
This debt consolidation calculator is designed to help determine if debt consolidation is right for you.
The loan is available to all South Africans who are between 18 and 65 years of age and have formal employment making R3000 or more before deductions plus a bank account with debit order feature.
The advantages of the loan include competitive interest rate, quick application and approval, fixed minimum monthly repayments, no penalty fee for early termination plus optional credit life insurance.top 10 has two main types of loans available for debt consolidation, and one is usually the better choice for different individuals’ financial circumstances.rather than an introductory 0% interest rate on a new credit card account, top 10 personal loans come with a fixed interest rate from the beginning.The risk of change of interest rates means that if the reference rate grows, the interest rate for the loan will be higher, then the monthly principal and interest instalment will increase, which in return results in higher interest costs and thus in increase in the total cost of the mortgage loan.