Mpowa Finance provides fast and convenient cash loans of up to R8 000. These personal loans are ideal in situations where you need cash urgently. Their motto is same day money in your account.
Payment is due on your next payday.
Is it really the case though that you will get cash on the same day of application? Well from our experience some clients have applied and received their cash on the same day whilst others have had to wait for days to get their funds. So we can say that although they claim that if you apply for personal loan cash will hot your account by 5pm, this is always not the case.
Does it mean that you should not apply for a personal loan from Mpowa Finance at all? Not at all, as any lender they have their own challenges. Overall, they try their best to deliver quality service to their clients.
Why Apply For Mpowa Finance Online Loans?
Well on their good day their consultants will deliver 5 star service and are very friendly.
At Mpowa they realize that when you apply for funds it means you need cash urgently and this is why they strive for same day payouts.
They offer competitive interest rates which are in line with the National Credit Act.
You don’t have to be in a particular city to apply for a personal loan. You can apply from anywhere within the borders of South Africa.
Application is done online giving you the convenience of being able to apply from the comfort of your office or home.
Once your loan is fully paid you can re-apply for a loan and this process is all done online.
More Information On Mpowa That You need To Know
They will do a quick credit check before approving a loan. You credit record, net salary, length and type of employment which will determine how much is approved.
Mpowa Finance is committed to responsible lending and will only approve a loan that you can afford.
You need to be in your current job for at least three months to get approved for a loan. This means if you have just started a new job you will not be able to apply for a loan.
If you are blacklisted you are welcome to apply as log you are not under debt review or administration order.
Interest And Fees Charged
Initiation Fee of R165+VAT on loan amount up to R1 000, thereafter 10%.
Service Fee of R60 per month.
Interest of 5% per month (.17% per day. 60%p.a) for the first loan in a Calendar year. 3% (0.1% per day. 36%p.a) for any loan thereafter in that calendar year.
Should You Proceed With Application?
Why not? Mpowa is a registered credit provider with years of experience. Yes, some clients have had challenges dealing with them, but who is perfect? Get your finances back on track by getting your personal loan today.
Customer Testimonials:
- Mr. Maboko from Kathlehong needed to pay his son’s school fees urgently. MPOWA Finance provided the cash within 2 hours without him leaving his desk.
- Mr. Moyo from Yeoville wanted an easy-to-apply-for cash loan each month. With MPOWA Finance, he never left his desk during the application process.
- Ms. Ngwenya from Orange Farm received instant approval and cash in her account on the same day when she needed groceries before payday.
- Mrs. Brown from Fourways was broke at month’s end and urgently needed money for petrol. MPOWA Finance’s slick application process helped her get the cash quickly
Contact Details
You can get hold of them on by calling 0861 228 228. Alternatively, you can visit their website www.mpowafin.co.za
Address
Postnet Suite 462,
Private Bag X9,
Benmore,
2010