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At which interest rates do these micro lenders an banks offer in south africa
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Asked 9/12/2012 4:02:46 PM
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User: At which interest rates do these micro lenders an banks offer in south africa

Weegy: The interest rate on these kind of loans is usually higher than the secured loans where you have to provide a collateral in the form of an asset to get the money. The interest rate on unsecured loans is higher as the risk of loaning you the money [ without any security is also very high. However, their qualification process is much more lenient.These type of loans are easily available to you through micro lenders in South Africa who will just need documents regarding your identity, income, residence and your bank statements. ]
rhey22787|Points 1001|

User: At which interest rate do these micro lenders andbanks offer

Weegy: The going rate of micro lenders is 28%.
Expert answered|sharpies|Points 8451|

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Asked 9/12/2012 4:02:46 PM
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