Consolidating debt with standard bank
The logic behind debt consolidation loans may seem sound and this type of borrowing can make great practical sense, but you need to beware of the pitfalls that could make it go very wrong. Small loans, payday loans, overdrafts, store and credit card deficits can all charge extraordinarily high rates of interest, while the very best rates are usually only available on bigger loans.
This means that combining all your debt into one consolidation loan could reduce the overall rate you pay, and possibly reduce the overall amount even if you pay over an extended term.
It is based on expertise, full dedication and attention to detail.
We have experienced specialists who provide personalised products and services which meet and exceed all your requirements.
We offer much more than auto loans, home loans, and credit cards.
Tyndall offers a variety of loans to cover all of your financial needs. Juggling bills can be time-consuming and confusing.
Consolidating debt has many benefits, the most beneficial being a single repayment rather than many.
In some circumstances, consolidation can also save you money on fees and interest charges and can reduce the stress associated with juggling multiple debts.
Make only one monthly payment on a fixed-rate personal loan and SAVE: Recreational Loans..."Big Boy Toys." No matter what you call them, we can help you get yours, so you can have some serious fun in the sun.
Your needs are specific to your financial situation, and your loan should be too.
At Old Mutual we will tailor a loan specifically to the needs of our customers, ensuring that they get the best financial support for any situation. Affordability: We use the Affordability Assessment criteria prescribed by the National Credit Act to determine how much our customers can afford.
Our areas of expertise include personal finance, deposit taking and management, investment solutions, transaction management and more. If you want to get out of debt, Nedbank will help you do it effectively and quickly.
We realise that you are not an expert in finance and that you cannot develop an effective debt consolidation plan on your own.