Nedbank – Debt consolidation loans

In order to increase your chances of successfully consolidating your debt it is imperative that you evaluate your debt situation closely to ensure that it is the right option for you.

Although there are many benefits to consolidating there are also many negatives that should be understood and weighed up. For instance, the very act of consolidating your debt means that you'll be taking out a new loan in order to pay off existing debts, therefore before you decide to go ahead with a debt consolidation loan you need to be sure that you can afford it, otherwise you'll just be adding more debt onto your plate, which is the opposite of what we want.

You can quickly apply online

As a financial services provider that is dedicated to saving you both time and money, we have made it possible for you to apply for a debt consolidation loan or personal loan online in just a quarter of an hour or less. You will need to provide a range of supporting documents in conjunction with the fully completed loan application form to have your loan request processed.

Which documents do you need to apply?

You will need to send us a copy of your South African ID document or smart card, your recent payslips or letter of employment (contract workers), three months stamped bank statements that reflect your salary, and your proof of residence which is not older than three months. Make sure that you have all of these documents at hand when applying so that the processing of your application will not be delayed.

We tailor our loans for you

Because we believe in treating every one of our customers as individuals, this in turn also means that we believe that our loans should be personalised to your needs. Therefore, taking into account your individual situation, we'll go the extra mile to find you a debt consolidation loan that helps you tidy up your finances while still being suitable for what you can manage.