Loans for Commission Earners in South Africa. Because commission earners income vary each month, it has been difficult for credit providers to determine their fixed income which is used to calculate how much they can afford. With us being a commission earner does not disqualify you from applying for a Personal loan.
In fact, apart from the required documents the only additional information we need is one extra month’s bank statements and two extra payslips so that we can calculate your average net income.
WHAT DOCUMENTS YOU NEED TO APPLY IF YOU ARE A COMMISSION EARNER
CLEAR COPY OF YOUR SOUTH AFRICAN ID
- 2 Months Bank statements for basic (fixed) salary earners
- 3 Months Bank statements for commission earners
- 1 Months Payslip for basic (fixed) salary earners
- 3 Months Payslip for commission earners
We want to help you access the loan you need, whether it’s for grand plans or little projects, renovating your home or managing debt.
A loan lets you borrow money for a set period of time. In return, the lender charges interest. The lenders on our panel only offer fixed rate loans, it means that the rate you’re charged will not change during the fixed term.
At the end of the fixed term, you’ll have paid back the money you borrowed, plus the interest charged by the lender.