Applying for a loan has been made easy by the increase of micro financial institutions whose business is mainly focused on lending money to the general public. It is in line with the above that many creditors have made the application to be so easy with the thrust of creating user friendly means of accessing loans for clients let alone extending their relationship with clients for longer periods.
The above development has witnessed micro finance institutions like JDFS associating themselves with giant retail stores around South Africa thereby using their facilities to perform such transactions. JDFS has made use of this initiative; this has seen the creditor establishing its businesses within renowned shops like Barnetts, Bradlows, electric Express, Joshua Dore, Morkels, Price n Pride and Russells.
With JDFS, a client can apply for as much as R24 000.
Meanwhile, clients who wish to apply for a loan to meet their financial crisis are advised to SMS their first name, surname, South African ID to 41531 and expect a call from the creditor. To find out about what you are buying, clients are advised to visit www.jdfs.co.za and get assistance from JDFS on how to complete the loan application.
To qualify for the JDFS loan facility, clients are expected to bring the following documents:
- National ID document
- Latest Payslip or proof of income
- A copy of your latest 3 months bank statement
- Copy of credit insurance (if you have a policy)