Old mutual personal loans – This is a business house whose strategy is to drive strategic growth by leveraging the strength of people and accelerating collaboration between businesses. This kind of business approach has endeared Old mutual to millions of clients. Using such a business strategy focus from inception, Old mutual has grown and expanded its service and product offerings into insurance, investment, savings and banking.

One of the innovative products launched by this renowned business house is Old mutual my personal loan. My personal loan is a credit facility meant to assist the general populace with personal needs like renovating homes, car purchases, medical and education expenses etc.

This personal loan offers up to R100,000 with repayment terms running between 3 to 48 months. Interest rates are fixed at the time of the personal loan application but the rate applied will be determined by a client’s credit score.

To qualify for the Old mutual personal loan, a client needs to be 18 years and above, be in possession of a South African ID, provide a payslip not older than 1 month, provide consecutive bank statements for the last 3 months, the term of the loan agreement must cease prior to the age of 60 with a minimum term of 12 months.

Old mutual can be contacted on 0860445445 and trained financial consultants will assist clients.