Don’t close yourself off from achieving your financial goals. Discover our FAB Loans and find the one that suits your needs. A loan can be a very useful part of your financial journey. It can help to alleviate financial pressures and fund an unexpected emergency, a new car, education, a new home and so much more.
A few things to keep in mind when considering a loan
Evaluate your needs to find the best loan for you. Be sure to honestly assess your requirements, your budget and what you need the loan for. Remember, while a loan can be helpful it is also a monthly commitment as well.
Make sure you are eligible for the loan you want. Your income will be a determining factor here, so take into consideration your current employment status.
Don’t overwhelm yourself. If you are applying for a loan for the first time, take out one loan at a time in order to minimise monthly payments.
Ask if pre-payment is an option. It can help to cut back on some fees down the line. This may be possible, although charges may apply.
Make some adjustments where you can in your everyday spending habits. Keeping cash handy is always a good idea.