Loans
Blink Finance Personal Loan review: up to R8,000
Get to know one of the leading companies in the short-term loan market in the country: Blink Finance Personal Loan!
Advertisement
Blink Finance Personal Loan: quick access to the loan amount!
In this Blink Finance Personal Loan review, you’ll meet a lender appearing in the national market as a quick and easy solution.
Blink Finance Personal Loan: find out how to apply!
Learn how to apply to Blink Finance Personal Loan and get a great loan even with a bad credit score! Borrow up to R8,000 fast!
You only need a few minutes to apply for a loan. Also, the money will be in your account in less than 24 hours. Learn more below!
Interest Rate | Up to 38% per year; |
Loan Purpose | Short-term personal loans for any purpose; |
Loan Amounts | From R500 to R8,000; |
Repayment Term | From 61 to 65 days; |
Initiation Fee | Not specified. |
Is Blink Finance Personal Loan a good option?
Indeed, some emergencies require a quick financial response. In that case, you can count on Blink Finance Personal Loan.
This lender offers short-term loans of up to R8,000, which can be repaid in approximately 2 months. The entire ordering process has been streamlined.
Thus, you can request your money in just a few minutes. Plus, you won’t have to worry about stacks of documents.
Once accepted, the money will be in your account within 24 hours.
You can order this service for all purposes. Finally, all operations of this company are regulated by the National Credit Regulator (NCR), which gives you much more security.
You will be redirected to another website
The pros and cons of the Blink Finance Personal Loan
Indeed, this lender offers a great service for those looking for a quick and easy loan.
However, this lender has some of the limitations of most agencies that offer this service. To learn more, see the list of “pros” and “cons” below:
Advantages
- Money “in the blink of an eye”: you receive your money within 24 hours;
- Apply for a loan without leaving home in just a few minutes;
- Apply for your loan online with total security without needing to gather paperwork or documents;
- This lender is regulated by the National Credit Regulator (NCR).
Disadvantages
- The interest rate on your loan may be much higher than the market average for short-term loans;
- If you delay a monthly payment, your interest rate will increase by 5% until the end of the repayment period. In addition, an extra fee of R69 will be charged on all subsequent monthly payments;
- On the official website, there is no clear information about fees, only estimates;
- The maximum amount offered is low (only R8,000).
What are the requirements?
Indeed, to apply for a loan online, you will need to provide the following information:
- Your South African identification number;
- Contact information, physical and postal address;
- Employer details, income, and expenses.
Then your entire profile will be assessed, and you will undergo a credit check. Only then you’ll know if you are eligible for a loan.
Blink Finance Personal Loan application process
Indeed, applying for a loan can be as quick as the blink of an eye! In the following post, find out how to apply for your loan without leaving home!
Blink Finance Personal Loan: find out how to apply!
Learn how to apply to Blink Finance Personal Loan and get a great loan even with a bad credit score! Borrow up to R8,000 fast!
Trending Topics
How to reverse an FNB eWallet payment in 3 steps
You can get your money back after a wrong transfer or scam. See this post and learn how to reverse transfers on FNB ewallet!
Keep ReadingRCS Store Card full review: should you get it?
RCS Store Card customers have simultaneous access to reward programs and discounts at over 30,000 stores! Learn more about this amazing card!
Keep ReadingFNB Premier Credit Card: check out how to apply!
Apply to FNB Premier Credit Card and join a rewards program that gives you up to 15% cash back on select transactions! Read on and learn!
Keep ReadingYou may also like
How to Claim Your UIF Payments? Easy Steps! [2023]
Stop leaving money on the table - learn how to efficiently claim UIF payments and secure the financial support you deserve.
Keep ReadingWhat is a good credit score in South Africa?
A number can define your financial life. Find out what is a good credit score South Africa and how to use this indicator to your advantage:
Keep ReadingGrant-in-aid: pension of R500 monthly indefinitely
If you receive a disability grant, war veteran’s grant, or grant for an older person, read our Grant-in-aid review and increase your income.
Keep Reading