RainFin Loans provides an online lending marketplace that allows South Africans to invest in each other in safe, secure and cost-effective platform. This platform allows investors to get better returns and borrowers to get loans at affordable rates.
The Rainfin platform is a smart way to get a personal loan. It makes traditional borrowing seem outdated. Privacy is always guaranteed.
Rainfin is a registered credit provider. They operate within the guidelines of the National Credit Act. There is complete transparency and no hidden fees.
How RainFin Loans Works
When you apply for RainFin loans you choose the amount you want to borrow and an affordable interest rate.
RainFin will do a thorough credit check on you to see if you are a prime candidate.
You will then get a credit rating based on your credit and payment history.
Once your application is successfully moderated it will then go to RainFin’s market place where investors can make offers on your loan.
The advantage for you of having various lenders making an offer it means you can get the best rate for your loan.
Once the loan is funded all you will need is to sign the loan agreement and withdraw your funds. How you use the funds is entirely up to you.
For repayment RainFin will collect your fixed monthly instalments and distribute to the various lenders.
Requirements To Apply For RainFin Loans
- You must be 18 years or older
- A Valid ID document
- Proof of Residence
- A good credit record
Application for RainFin loans is all done online in a quick safe and simple process. Online application also mesn you can apply from the comfort of your home or office. This also saves you time usually spent in queues at branches.
RainFin Loans Contact Details
For more information and to submit an application you can visit their website www.rainfin.com or call them on 087 820 5200 and a friendly consultant will be able to assist you. You may also send an email enquiry to email@example.com and they will assist you with your enquiry.