Miloc Loans are personal loans that are provided by Miloc Financial Services, catering primarily for people living in the Western Cape area. Miloc is a registered financial services provider that was established in 1995 and has since created a name and reputation for itself, and has become a trusted lender of choice for most people looking finance.
Why choose Miloc Loans?
Miloc Loans come basically in two forms namely Long-term and Short-term loans, and you can choose the type of loan you want depending on the purpose you want to use it for. These personal loans come with numerous benefits and these includes quick turn around times which gives you feedback of your application within 24 hours.
Another advantage is that these loans are unsecured personal loans which don’t need the borrower to put up any collateral when they apply. Your eligibility for these loans is based on your credit profile and affordability. Miloc offers its services that are in line with the terms of the National Credit Regulator, meaning that you will be getting transparent loans without any hidden red tapes.
Miloc Loans Application Requirements
To apply for Miloc Loans the borrower needs to ensure that they are over the age of 18 years, must have permanent employment of at least 1 year, must provide their proof of income and bank statements, must have an active bank account where they receive their salary.
Once your application has been approved the money will be deposited into your bank account within a few hours. For your convenience your repayments will be done through a monthly debit order.