What Are Super Compare Loans? How To Get Them?
Super Compare is one of the well-known and recognized comparison tools that helps you in comparing the loan choices you have according to your financial situation and requirements. With super compare, you can get loans up to R 350,000 with payouts within 48 hours. Here is the article for you that tells you about Super Compare loans, how you can apply for a personal loan, the documents you need, and other relevant information about it.
What Are Super Compare Loans? How To Get Them?
Personal loans are a go-to choice in South Africa that benefits millions of South Africans to pay for unexpected and emergency expenses. There are different platforms available via which you can apply for personal loans.
One of the reliable comparison tools that you can use to compare the loans available according to your need is Super Compare. The company is partnered up with multiple reputable financial institutions throughout the country that are responsible to provide you with the most competitive and affordable personal loans according to your needs and requirements.
The loans the company provides the borrowers with have low interest rates, quick approval processes, and flexible repayment terms. You can get up to R 350,000 loans via Super Compare and the best thing is the payout will be made within no more than 2 days.
These personal loans can help you cover a wide range of expenses, including medical bills, consolidating debt, and sudden emergency expenses. The company deals with registered and authorised financial institutions that offer loans to you so that you can make an informed decision without worrying about the reliability of the lender.
How to Apply? Application Procedure
Applying for loans via Super Compare is much easier, straightforward, and uncomplicated. The procedure is streamlined so that borrowers can easily apply for loans and can fulfil their requirements.
We are going to explain the step-by-step procedure so that you can follow it as it is to apply for Super Compare loans. Make sure to understand the process before initiating the application procedure.
The steps you have to follow includes,
- Comparing The Offers
- Selecting The Loan Product
- Submitting Direct Application
- Application Reviewing And Approval
Comparing The Offers
The first and foremost step that you have to take to initiate the application procedure via Super Compare is to compare the offers. You have to first enter your details and basic information into the application page at the official website of this comparison tool.
You have to click on, supercompare.co.za/personal-loan-v2/ and then have to enter your basic information. As soon as you provide your information to the super Compare, the company will let you know about the available loans for you according to your requirement, based on the information you’ve provided.
The tool will enlist those loans that are the best and the most appropriate ones, according to your needs. Here you have to compare the offers you have received by comparing their interest rate and repayment terms. Moreover, also focus on other features while comparing so that you can make satisfying and the most appropriate decision.
Selecting The Loan Product
After careful observation and review, you can now select the loan product that is the best according to your needs. You have to select the one that suits you best. Be confident in your choice, and make sure to understand each loan offer in detail before finalising.
Submitting Direct Application
Now you have to click on the loan product that you have finalised. As soon as you click on the loan you will be directed to the application page of the lender.
Now you have to submit a direct application to the finalised lender. You have to provide information about yourself, your banking details, your employment status, your income, your financial condition, and other relevant information.
Make sure to provide correct information to avoid any problems that might result in cancellation of your application later on. Now, attach the necessary documents and submit your application directly to the lender.
Reviewing And Approval
As soon as you will submit your application the lender will go through your application. He will then review your details and will conduct an assessment.
If your application is approved and everything is ok, you will receive the notification about the approval of your application. As soon as your application is approved you will receive the loan amount within 1 to 2 days or no more than 48 hours.
Documents You Need To Submit
Here is the list of documents that you have to attach along with your application form when applying through Super Compare. These key documents help the lender in assessing and checking your creditworthiness and affordability. Make sure to provide correct, genuine, and legal documents to maximise the application approval.
- You must have to submit the proof of your identity in the form of a valid South African ID document. You can also submit a copy of your passport.
- You have to provide your recent utility bill or bank statement as your residential proof that should have your current address mentioned in it.
- You have to submit your income proof in the form of payslips.
- Moreover, you might have to submit the last 3 months stamped bank statements.
- Furthermore, based on the lender, you may need to provide your credit report, employment proof, tax return, or other additional documents.
Make sure to check for the documents the lender requires before attaching them so that you can attach all of the documents at once.
What Are The Benefits Of Super Compare Loans?
Getting loans via Super Compare gives you numerous advantages. Some of them are mentioned below.
- It is one of the recognized comparison platforms that you can rely on to search for the best, appropriate loan offer.
- It gives you access to a list of personal loans available for you in South Africa.
- All of the loans that are provided to the borrowers via Super Compare have competitive interest rates and flexible repayment terms
- Super Compare provides the information about interest rates, fees, and charges without any hidden surprises to keep things transparent and clear.
- Right from the first step to applying for the loan to the last step of submitting direct application forms and documents to the lender, the procedure is convenient, easy, and hassle-free.
How To Contact Super Compare Loans?
If you have any queries or questions, you can contact Super Compare Loans via their official contact page. To contact them you have to simply click on supercompare.co.za/application-form/. Then you have to fill in the required information.
After completing the form you have to write your message and tick the terms and conditions box. Then you have to click on “Call Me Back” and the company will contact you on its own. Moreover, you can also click on the Messenger button available on this contact page to directly contact the service providers.
FAQs
Why is selecting Super Compare better?
Super Compare offers you a broad range of loan offers giving you a choice to select from diverse options. You can get the best competitive rates by understanding the loan offers. Moreover, the entire process, right from the basic application that you submit for comparison to the main application that you submit directly to the lender is much more convenient and easy. Furthermore, Super Compare only deals with authorised lenders that are registered and are reputable in their service.
What documents do you have to submit to apply for Super Compare loans?
There are certain key documents that you must have to submit when applying via Super Compare. The list includes identity proof, residential proof, income proof, and bank statements. Moreover, there are additional documents that you might have to submit, including credit reports, employment proof, and tax returns, depending on the lender you have selected.
What information do you have to provide when submitting the basic application form to begin the loan procedure?
You have to provide your personal basic information including first name, your surname, and your cell phone number. Moreover, you also have to provide your email address to search for lenders appropriate for you so that you can compare their offers and finalise the best one.
What type of loans are available at Super Compare?
Super Compare offers you a wide range of financial services, including loans, insurance, and banking services. You can get loans either in the form of personal loans, home loans, or business loans according to your need.
Final Thoughts
Super Compare assists borrowers to find the best budget and affordable loan deals according to their needs and requirements. Since the company is in contact with authorised lenders, it plays the role of a middleman between lender and borrower and helps its customers in finding the best loan products. You have to pay attention to the above article to understand the application procedure and other relevant information so that you can apply for the loan and get your loan approved within no time.