About Consolidation Loan

A consolidation loan gives you the opportunity of taking out a new loan to pay off a number of smaller loans and consumer debts.

In effect, multiple debts are combined into a single, larger loan, usually with more favourable payoff terms and a lower monthly repayment.

R8 000 TO R250 000

Consolidation loan – Up to R250 000 over maximum term of 72 months (you still need to qualify in terms of affordability)

Apply for loan

Debt Consolidation Loan Products

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

Medical Emergency

Make use of a personal loan for medical emergencies

Wedding Purpose

Manage your dream wedding day with our personal loan option

Abroad Travel

Make use of a personal loan to cover expenses associated with planning an overseas trip.

Child Education

Manage your child’s tuition fees by making use of a personal loan.  Help them achieve their full potential by giving them the education they deserve

Get financing for whatever you need now

Enquire Now

Features of Debt Consolidation Loan

All loans are not created equal, debt consolidation loan has become a great option for people to use.

Faster Loan

For funding medical expenses, hospitalization, surgery, No collateral required.

Choose your amount

Decide on an amount that best suits your needs.

Enjoy the best rates

Decide the term and loan repayment amount that suits your budget.

Easy Application

Easy online application process.

Debt Consolidation Loan - Eligibility

Any salaried individual employed by public and private companies. Government and public sector employees are eligible to apply.


Maximum age of applicant at loan maturity: 60 years


Minimum Net Monthly Income: R5,000

Credit Rating

Applicant should not have a credit score of less than 561.

Frequently Ask Questions

  • A clear copy of your South African ID
  • Your latest payslip
  • Your latest 3 month bank statement, reflecting the latest 3 salary deposits
  • Proof of residence (not older than 3 months)

We’ve made applying for personal loans online quick and streamlined. It is also easy for you to upload any documents via our online application.

  • You must be employed for more than 6 months with your current employer.
  • Have your own bank account in your own name.
  • Bank account must be older that 3 months and reflect 3 consecutive salary deposits.
  • Not under debt review, sequestration or administration order
  • Instead of having many accounts to pay each month, you’ll only have a single monthly payment.
  • You could improve your monthly cash flow.
  • The Credit Provider will do the legwork, your loan will be used to settle your retail or credit accounts, or existing loans.
  • Any money remaining you can use as you please.

A Debt Consolidation Loan can be used to settle a number of smaller debts that you have, such as store cards or other loans, into one loan. By consolidating and taking a loan over a longer term you could improve your cash flow.

If you’d like to streamline your finances, a Consolidation Loan may just be the perfect financial fit for you. It is designed to simplify your finances, instead of several creditors to manage you’ll have just one. You’ll find it easier to manage payments and will save on monthly service fees and debit order costs.

Credit Providers take your personal financial profile into consideration when you apply. If your loan is approved, it’ll be for an amount that you can comfortably afford. The success of your application is subject to credit approval.

When you take out a Debt Consolidation Loan, you’ll have a single monthly payment at a fixed interest rate – and, if you’re taking the loan over a longer term, your monthly repayment could be lower. In fact, many South Africans who have consolidated their accounts have increased their monthly cash flow by an average of R1850!

Get a Quote

Now apply for a Loan online, All you need to do is provide your details below application form.

Apply Now