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UnSecured Loans

About UnSecured Loans

Pronto Loans (Pty) Ltd t/a UnSecured Loans

We facilitate the Company’s Staff loans by providing an employer access to finance on behalf of the employee, this empowers the employee to meet their short term financial needs without over extending themselves.

Our charges conform to the provisions of the National Credit Act. Interest rates of 26.4% are fixed. Initiation-and monthly fees are included in the monthly repayment

How It Works

  • Quick and easy process. Maximum of R2500 per loan
  • The employee lodges the loan application via fax or e-mail
  • Employee must ensure the application is completed correctly to ensure quick turn around time.
  • Pronto Loans validates the application
  • If approved we pay the amount of the loan directly into the debtor’s bank account within 24 hours
  • Installment deductions are being made over a term period of 3 months
  • Pronto Loans will provide the Company with week/monthly remittances of the installments to be deducted from the employee’s salary.
  • The employer deducts the monthly installment from the employee’s salary and pays it over to Pronto Loans (Pty)Ltd t/a Unsecured Loans
  • Total Amount to be paid over to Pronto Loans by the last business day of the month or if weekly paid on a Friday.

A proper break down must be mailed to, to enable Pronto Loans to capture and allocate correctly.