GetBucks offers fast short term loans starting at R500 – R8000. How do you know how much you qualify for?
Step 1: Assess your budget
Before you apply for short term loans, you need to determine if you can afford to borrow money. How? Start by looking at your own monthly budget. Add up all the expenses you have and subtract it from your income. Be honest with yourself, don’t leave out any expenses. What do you have left? This is the maximum amount you can borrow …not a cent more!
Step 2: Have a look at our online loans calculator
People often make the mistake of thinking that they can afford short term loans based on the amount they want to borrow alone. They don’t realise that you have to calculate the interest rate and additional fees as well. For example: just because you have R1000 left per month after expenses, it doesn’t mean you can borrow R1000. Why? Because a R1000 loan doesn’t cost R1000.
The final cost of short term loans will be greatly influenced by the repayment period you choose; the longer you take to repay your loan, the more interest it will accumulate, and the bigger the amount you have to pay back.
That is why we have an easy-to-use slider on our website that will help you to determine how much an online loan will actually cost you.
What happens if I don’t qualify for the amount I want to borrow?
We treat every borrower as a unique individual. Thus, if you qualify for a lower amount than you originally applied for, we might offer you a smaller amount of credit. All we ask is that you are totally honest when applying, and we will be honest with you about the amount of credit you qualify for.
Need a short term loan? GetBucks is here to help! Get personalized online credit anytime, anywhere!