Applying for your first personal loan can seem like a daunting and confusing process, and those are perfectly natural emotions to experience. In this article, we will explore all the ins and outs of what is required to make your first loan application as smooth…
Interest can be hard to understand, but it is important to know when applying for a personal loan. Read further to help yourself make smarter borrowing decisions. Learning how to calculate interest on personal loans is a crucial skill to have when you find yourself…
If you’re just looking for a quick answer to your question try SOS’ free loan repayment calculator a little further down this page. If you’d like more general information, let’s continue. Personal loans are a popular financial product in South Africa, but it can be…
Debt, in itself, is neither inherently good nor bad; it’s how you manage and utilise the likes of online loans, credit cards or other forms of credit that determines its impact on your financial health. Good debt refers to borrowing money for investments that have…
In 2023, South Africa witnessed significant fluctuations in petrol and diesel prices, posing challenges for consumers, businesses, and the economy at large. The year began with soaring fuel costs, impacting transportation, inflation, and overall living expenses, which really could have put a strain on your…
It’s the nature of emergencies to strike unexpectedly and, in many scenarios, it leaves one in a financial bind – leading to the consideration of a loan. Although personal loans are most certainly a viable option, you should consider approaching the question of whether you…
Money matters can be a bit of a puzzle, especially when we throw terms like ‘exchange rates’ into the mix. In 2025, South Africa’s economic weather forecast suggests a few storms, including a not-so-strong rand, which is certainly not a pleasant forecast for those who…
As is always the case, the New Year brings with it a new set of opportunities, as well as numerous experts plotting their financial forecasts for the 365 days that lie ahead. In 2025, the global economic landscape unfolds with a mix of challenges and…
Whether you are just entering the working world and considering taking credit, or if you may simply have not been in a position to make use of credit in the past, you might be wondering whether or not you can get a personal loan despite…
