African Bank

African Bank is committed to providing you with the simplest and most user-friendly debt consolidation loans in South Africa.

It opened their doors in April 2016. African Bank Limited and African Insurance Group Limited now form part of a new group, with a holding company called African Bank Holdings Limited.

African Bank’s mission

They strive to be successful in offering a diverse range of products and services to all consumers of South Africa, from debt consolidation loans to credit cards. Delivering valuable service is important to them to ensure that clients are more than happy.

You come first

At African Bank, you have access to services that enable you to borrow, save and insure and they even offer loan application services to existing customers.

The staff of African Bank all represents the diverse population of South Africa, covering all ethnicities, genders, and languages. No matter what your financial situation might be, you will be treated with dignity and respect.

Empathy is important

Everyone is different, and at African Bank, they aim to put themselves in your shoes. Understanding what you are experiencing is a top priority for them. They are dedicated to changing the way you live your life, and they will be happy to offer you the best financial information and support to assist you.

Reliable and transparent

They are 100% open and honest with their clients throughout the debt consolidation process. They accept responsibility for their actions and will always deliver on their promises.

If you are aiming to get back on track with your financial stability, let African Bank manage your money in a simplified way.

Their consolidation loans are some of the best in the market and will be perfect if you are looking to simplify your credit by settling other debt. They will take all your loan payments and convert them into one cost-effective repayment.

A Debt consolidation loan could be right for you

You can consolidate your debt with repayment terms that stretch from 18 to 72 months.

It will even result in savings due to the admin fees you had on so many different accounts that are now all consolidated into a single account! You will have a reduced instalment, and this frees up cash flow and once you have consolidated your debt, you may also gain access to additional capital.

Your credit is insured

Have peace of mind that your credit is insured!. Should anything unforeseen happen to you that would prevent you from making repayments, they have got you covered! Exclusions are for category B consumers, in which case you are only covered for death, where they will settle your debt.

A break in instalments

‘Choose your break’ is a unique feature offered to clients. This allows you to take an actual break from paying your monthly instalment if the need arises, before continuing with your loan.