Many people now find it hard to live their dreams. That is why a lot of lending companies are established to help people get the financial assistance they need to float through life. One of these lending platforms is the Boost loans service.
On Boostloans, you can apply for flexible loans to cover your expenses and pay them back when you want.
Below is an overview of the Boostloans.
What is Boost Loan?
Boost loan is a fintech service offering loans to users in South Africa. The service offers payday and personal loans to users.
On Boostloans, you get to enjoy easy loan approval. They have friendly customer service to guide you through the application process or if you want to make an inquiry.
Is Boost Loan Legit or Scam?
Boost loan is an authorized loan lender in South Africa. They are authorized to issue short-term loans because they are accredited by the National Credit Regulator (NCR).
Hence, if you are looking for a legit platform to get loans, you can use the Boostloans service.
How Does Boost Loan Work?
Getting loans on Boostloans is very easy. The platform provides users with flexible loans without hassle. All they need to do is to:
- Choose the loan amount they need
- Provide their details in the application form
- Receive the cash in the bank account they provided
Check the guide below to see how you can apply for loans on Boostloans.co.za.
How Much Can I Borrow on Boost Loans?
If you are a new customer, Boostloan will only allow you to borrow R2,000 for a maximum of one month. If you have been using the services for some time, you are eligible to borrow up to R5,000.
Can I Borrow Money With Bad Credit?
Boostloans checks your credit history, however, that does not automatically rule out helping you if you have a poor credit history. They also take into account a number of other variables and will give your application serious consideration if they believe you will be able to repay the loan you took out.
What Do I Need to Apply for Personal Loans?
To qualify for loans on Boost, applicants must:
- Have a valid SA ID
- Be 18 years or older
- Have a valid cell phone number and SA bank account
- Provide the latest three months bank statements and payslip
- Be permanently employed and earn a monthly income
How to Apply for Loans on Boost Loans
- Go to Boostloans.
- If you are a new user, you need to create an account on the website.
- Fill out your personal information.
- Provide your banking details
- Take an affordability assessment.
- Apply for the loan
- Wait for approval.
How Long Does it Take to Get Approved?
When you receive your loan and DebiCheck approval, Boostloans will send the payments. The money then appears in your account in less than 24 hours.
Boost Loans Contact Details
Customer care contact number: +27 63 445 9010