One Monthly Payment Loan

Have your financial commitments to various creditors and banks become too much to handle? Simplify your life and manage complicated debt with the help of Speedy Loans. As a South African consumer, you can access a One Monthly Payment Loan with us, to give you a much needed advantage when it comes to honouring all that you owe.

A Consolidation Loan essentially refinances you debt in a way that favours both you and your creditors. Now more than ever, the need for practical payment solutions to the plight of indebted individuals has taken priority. We all know the struggle of balancing our salary, paying our bills and making sure our debt repayments are in order – this doesn’t mean it is easy, while sometimes it is actually impossible. We work with lenders who offer clients a personal and trusted service, and make sure that they are registered with the National Credit Regulator of SA.

A Consolidation Loan combines all of you existing debt instalments into one payment. You have just One Monthly Payment Loan to keep track of, that encompasses everything you owe, from credit cards to store cards and personal loans.

What are the benefits to Debt Consolidation? Making the smart decision to apply for a One Monthly Payment Loan comes with a host of benefits. Let our Speedy Loans team break them down for you here, and feel free to contact us with any questions:

• Keep your Credit Score in check: One downfall of too much debt is the responsibility of remembering to make payments. If you happen to miss a payment or make a few late payments, your credit score will be affected. Once you have a negative mark on your credit score, you face a whole new set of challenges. With a One Monthly Payment loan, you only have one payment to consider, so managing your finances is much easier.
• Interest Saving: We don’t always realise the interest that is associated with our debts. Every time you take out a loan or make a payment for a credit card/store card, you’re paying interest at a rate that isn’t cheap. If you only have one payment, you only have one interest rate to worry about.
• Monthly Saving: Once all your debt repayments are consolidated into your One Monthly Payment Loan, your budget will be freed up for other things. Creditors are usually open to allowing your repayments to come down during this time, so even though you’re Consolidation Loan comprises of everything you owe in month, lower instalments and interest rates save you money.

Take a moment to consider the reality of your finances, and let us know if you need relief from your debt repayments. Or Speedy Loans team are here with a One Monthly Payment Loan solution.