Absa Short Term Loans

Discover the Usefulness of Short Term Loans with ABSA

Modern families today simply cannot rely on their incomes to fully manage their finances. It’s a good thing that credit products are readily available and they are becoming more reliable, dependable and affordable to augment the finances of most income earners in South Africa.

About ABSA

ABSA is a Barclays’ subsidiary, which is one of the world’s largest financial companies. In South Africa, it has a very solid presence and is heavily favoured because it is one of the credible micro lenders in the country. With ABSA, you are guaranteed that you would receive top quality service every time.

ABSA Loans and Services

One of the major advantages of ABSA is the variety of short cash term loans they offer.

ABSA Express Loan. This is a type of short-term cash loan that gives customers the most flexibility. A quick cash loan of up to R8000 is available for 1-, 3- or 6-month terms. If you encounter a cash emergency, this is your best solution. The requirements for this type of loan are also low. With a minimum monthly income of R1,500, you can avail of this short-term loan.

Short to Medium Term Loans. You can avail of loans between R3,000 and R150,000 with easy to pay terms of between 1 to 7 years. If you are planning some big purchases, this is one of the easiest and affordable ways to finance your major investment.

Revolving Loan. It is a novel product for wealthier clients who need quick access to cash each month. The maximum amount you can borrow is R15,000. When you have paid back 15% of this principal amount, you can again re-borrow money up to the approved limit without affecting your regular monthly installment. When your monthly income is more than R8,000 you are qualified to apply for this type of loan.

Instant Cash Loans. These loans are available for up to R3,000, which you can repay within a maximum of 35 days. ABSA offers more affordable rates compared to its major competitors. Of course, you also have to maintain a good credit record in order to qualify for any type of loan.

If you’re looking for useful and versatile short-term loans, call ABSA.

Absa Contact Information

7th Floor, Barclays Towers West, 15 Troye Street
South Africa

Phone: 0800 41 41 41 / 011 350 4000

Fax: 011 370 5000

Email: actionline@absa.co.za
Other Email: groupsec@absa.co.za

Postal Address
PO Box 7735
South Africa

Opening Hours
Monday: 8:30 AM – 5:30 PM
Tuesday: 8:30 AM – 5:30 PM
Wednesday: 8:30 AM – 5:30 PM
Thursday: 8:30 AM – 5:30 PM
Friday: 9:00 AM – 5:30 PM
Saturday: 9:30 AM – 1:00 PM