Find Cheap Loans at XCELSIOR

Taking out a loan at a financial lending institution might seem like a great way to bail yourself out of debt, but keep in mind that an expensive loan could merely put you right back in debt. Many people look to take out cheap loans to ensure that they can afford to repay the monthly instalments.

collateral loans

How can you tell if a loan is cheap or expensive?

You do so by taking a look at what the interest rate on the loan is. The lower the interest rate is, the cheaper the loan is. It is best not to only consider the monthly instalment amounts when seeing if a loan is affordable or not. Calculate what the final loan amount will be including all of your monthly payments plus the interest involved. Compare the final total with the amount that you wish to loan and soon you will see for yourself if the loan offer is worth the debt.

Would a cheap loan package meet your specific needs?

Not necessarily. This is why you need to shop around for the best loans on the market, seeking out a provider that offers a loan package that suits your needs. Make sure that you know what your needs are before you go shopping around. A loan company should be able to offer you the amount of money that you need, ensure that the paperwork is simple and also ensure that the interest rate attached is reasonable. Loans should be quick and easy to apply for. There should be no waiting around or stressing about the potential outcome.

How much paperwork is there?

At leading loan companies such as XCELSIOR, clients are provided with the opportunity to take out a loan without all the hassle and red tape usually associated with the loans process. What does this mean? This means that at XCELSIOR we do things a little bit differently. We provide our clients with the much needed cash when they need it most. There is no lengthy paperwork process and you can even expect to avoid having an affordability survey or credit check carried out. All loans are granted to those who are able to use a working vehicle as collateral. The vehicle presented as collateral is taken into our custody for the duration of the loan contract. Of course it will be stored in a safe and secure facility and will not be used.

What makes our cheap loans better than the rest?

One of the top reasons why XCELSIOR cheap loans are better than others is that they can be applied for and paid out in as little as just 45 minutes. If you agree to the terms and accept the loan package, we will ensure that the account is immediately activated and that the requested amount is paid directly into your bank account.

Is there a limit on how much or how little you can loan?

Yes there is! We can offer to loan you up to 50% of the value of the vehicle with the maximum amount we can loan being set at R500 000. The minimum amount that you can elect to loan from us is R5000. You can repay the loaned amount in one lump sum by a specified date or you can make monthly payments until the loan amount has been settled.

If you are looking for the best cheap loans on the market, take the time to discover what we have to offer at XCELSIOR. We will ensure that you are provided with access to a financial aid that will help you to gain control of your finances once more.Contact us at XCELSIOR for more useful information and advice on our range of products and services today.