Atlas Finance is arguably one of the best if not the best micro-finance company in South Africa which began operations as far back as 1994 by Jack Halfon the CEO. The company had its first branch in Johannesburg and has today set up about 220 branches scattered across the country.
With Atlas Finance, you don’t have to worry about credibility as it is a Registered Credit Provider and a member of Micro-Finance South Africa (MFSA). Atlas does well to provide the best personal loans to clients with respect and candor.
Since its commencement in 1994, Atlas Finance has gone on to serve over 800,000 clients and has provided over 1.5 million loans. And you can also get a loan from Atlas Finance hence I’m going to show you how you can apply for a loan from them.
Check from most of our articles to get updated on the best ways to apply for loans in the United States (U.S) at ease.
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Documents Required
- 3 months bank statement
- Applicants latest pay slip
- Copy of ID
How To Apply For An Atlas Finance Loan Online
The steps involved in applying for an Atlas Finance Loan is quite simple which I’m going to show you. In fact, it basically involves four easy steps i.e. filling application form, upload necessary documents and your loan will be paid directly to you if you are approved.
- Visit https://atlasfinance.co.za/apply-loan/ and click on “Start Your Application Process Here”
- Once you are in the online application portal, enter your Personal Details (loan amount, duration, Country of birth, ID Number, contact number, etc.)
- Now enter your Employer details
- Enter your Income and expenses information
- Now enter your banking details and then upload your documents
- Last but not least thing to do is to verify your identity.
- Lastly you need to show acknowledgement.
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How Atlas Finance Loans Work
With Atlas loans, there are no hidden charges hence all the costs that comes with the loan are made known to the applicant. Customers can borrow as little as R200 and a maximum of R8000. However, note that the personal loans provided by them are short term loans hence must be paid within a period of 6 months.
Atlas Finance loans are given at a minimum APR of 36% and a maximum APR of 60%. To break it down, the daily interest rate is about 0.17% minimum and a maximum of 5% per month.
As you can see from the above steps on how to apply for an Atlas Finance loan, it very easy to apply from your comfort zone and at your own convenience. The moment they receive your application, they do some quick credit and fraud checks to determine if you are fit for a loan.
Once the checks are complete, your money will be paid to you. You can use Atlas Finance loans to do almost anything you can think of ranging from sorting out your car troubles, payment of fees, renovating your home, etc.
All you have to do is to either apply online or visit any of their branches in person to apply and you’re good to go.