FinChoice loans and funeral cover are provided by FinChoice which is a division of HomeChoice (Pty) Ltd. HomeChoice is an authorised financial services provider and a registered credit provider.
At FinChoice they offer you key financial products and support for when you need it.
Their products include KwikAdvance, MobiMoney, Personal loanand Funeral cover.
In this article we will take a detailed look at each of the FinChoice products and see how you can benefit from them.
FinChoice Products
Here is a summary of the FinChoice products:
Product Name Loan Amount Loan Terms
FinChoice KwikAdvance R3,500.00 35 days (Next Pay Day)
FinChoice MobiMoney R10,000.00 1-3 Months
FinChoice Personal Loans R40,000.00 6-24 Months
In addition to these loans above, you can also get financial control by getting a FinChoice Funeral cover of up to R100 000 per person.
Let’s take a detailed look at each of the products.
1. KwikAdvance
Ideal in situations where you are faced with an emergency and need cash now.
The key features of this products are;
- You can get a loan of up to R3 500 and repay on your next payday
- If you settle your loan sooner, you could qualify for more
- And the FinChoice Personal Protection Plan is an absolute necessity. This plan will cover your repayment in the case of loss of your job, disability or death
2. MobiMoney
MobiMoney gives you access to up to R10 000 when you need it.
The key features of this product are;
- It’s FREE to activate. Activate your MobiMoney facility online, for free – and get access to money, wherever you are
- You only pay for what you use
- Same-day withdrawals of between R100 and R10 000
- Repay over 1, 2 or 3 months giving you some flexibility.
- You only pay for what you use
- Get airtime, data and electricity, 24/7
3. Personal Loans
Let the Flexi Loan be the simple solution to your problems.
The key features of this product are;
- Depending on your credit record, you can qualify for up to R40 000 that you only have to pay back within 6, 12 or 24 months.
- When you complete your repayment, you might qualify for more.
- And the FinChoice Personal Protection Plan is an absolute necessity. This plan will cover your repayment in the case of loss of your job, disability or death.
4. Funeral Cover
Whilst most people do not take funeral cover, this is an absolute necessity as life is unpredictable. Make sure your family is taken care of in the event of death when you take the FinChoice funeral cover.
The Key Features of this product are;
- Get up to R50 000 cover per person from as little as R49 per month
- Cover up to 19 family members on 1 plan. You can cover yourself, your spouse, up to 5 children, up to 4 parents and up to 8 extended family members all one 1 plan
- If you, the main member, pass away FinChoice will pay all your premiums back to your family with the lump sum when they claim
- Premiums stay the same for 12 months
- FinChoice will waive your waiting period if you switch from another insurer to us
- There is no accidental death waiting period
- When you add your family to your policy you get an extra R2 000 payout for either groceries, airtime or travel
- Claims paid within 48 hours of approval
- No medical examination required
Why FinChoice Loans and FinChoice Funeral Cover?
Their interest rates are regulated by the National Credit Act (NCA). Please refer to the terms and conditions of your loan agreement for more details.
You get a free quotation which you can choose to turn down if it does not meet your needs.
You can apply for a loan whilst on the go using your cellphone, just finchoice.mobi. On the finchoice.mobi platform you can apply for a loan, view your loan account balances and upload your personal documentation.
Documentation You Need To Apply For FinChoice Loans
- Certified copy of your ID
- Proof of income for the last 3 months. It can come in the form of banks statements or payslips.
- Proof of residential address
Application is done online on the finchoice.mobi platform. Online application gives you flexibility of applying from anywhere.
FinChoice Contact Details
If you wish to get more information that you didn’t find in this article on FinChoice loans and FinChoice funeral cover you can contact them directly using the details below.
Website: www.finchoice.co.za
Telephone: 0861 346 246
SMS: 083 8550 700 (SMS ‘LOAN’ and a consultant will call you back)
Email: info@finchoice.com
The FinChoice call centre is open according to the following hours:
Monday – Friday 07:30 – 19:00
Saturday 08:00 – 17:00
Sunday 09:00 – 14:00
Public holidays 08:30 – 15:00
Christmas Day, New Year’s Day, Good Friday – Closed.