TERMS & CONDITIONS

By using the 247Loans application form, you are agreeing to the Terms and Conditions set out below. Please take a moment to read the information.

You declare that:

247Loans is neither an agent nor representative of any financial service provider. We do not offer any products ourselves, nor do endorse any specific product or service. Using the data you provide us with in your application, 247Loans will connect you to our panel of lenders free of charge. We will aim to find you the best loan deal possible, for the amount you requested, and with a lender that best suits your needs. By completing our application you agree to give us permission to share your personal data with our lending partners should we feel necessary to do so.

By submitting your loan application form(s) through 247Loans you willingly agree that you are making a direct inquiry about a loan product to 247Loans and our panel of lenders. You further agree to share your information with 247Loans and/or one or more of our panel of lenders.

247Loans is a free-to-use service, and as such you will not be billed for any 247Loans services. One or more of our lending partners may charge fee(s) related to other services they might provide for you. Your agreement with one or more of our lending partners for these services, and their fee(s), is in no way related to 247Loans.

Upon submitting your application form(s) you agree to allow 247Loans and our panel of lenders to contact you by any means (which includes, without limitation, email, direct mail, telephone, Whatsapp and similar applications, and SMS/text message) in order to assist you with your loan application, or provide you with a service or information that might be of interest to you.

You can opt-out of the mailing list by simply clicking on the unsubscribe/opt-out option at the bottom of any email message you might receive from 247Loans or one of our lending partners.

Before agreeing to any loan, ensure you only borrow an amount you can afford to pay back. Make sure you understand all the terms of the loan agreement. Any short-term solution is not meant to meet, or maintain, your financial needs over a long period of time.

247Loans is not a lender. We do not offer any loans or cash, nor do we have any influence in any decision made by our panel of lenders.

The 247Loans application process will aim to match you with a lender that suits you best. A credit check may be conducted using your South African identity number. This may be a necessary step for our partners to ascertain your affordability and suitability for any product or service they might wish to extend to you. By completing an application on 247Loans, there is no guarantee that will result in a successful loan application.

As a marketing and lead generation service, 247 Loans connects, through various methods, consumers with our selected panel of providers. For this service we are paid a commission or fee upon the conclusion of an agreement between the consumer and the provider.

Should you wish to contact us, or lodge a complaint. Please email info@247loans.co.za, and we will aim to resolve all queries as soon as possible.