Mpowafin.co.za Website Review

i needed to pay my sons school fees the same day. the banks were too slow but luckily mpowa finance were able to help. i got the cash in my i wanted a cash loan that was easy to apply for each month. with mpowa finance i never left my desk when applying for a new loan. i uploaded i needed a personal loan fast and could not take time off of work. with mpowa finance i got an instant decision and was able to track my i needed cash for groceries a week before payday. mpowa finance gave me instant approval and i got cash in my account on the same day! i was broke at months end and urgently needed money for petrol. i tried mpowa finance and was impressed with the slick application process. it was so easy to submit my docu*ents and i had the cash in no time! i needed to pay my sons school fees the same day. the banks were too slow but luckily mpowa finance were able to help. i got the cash in my pas*word (minimum 5 characters) pas*word confirmation (minimum 5 characters) fees and interest charges by mpowa finance (pty) ltd in terms of chapter 5 of credit act no.34 of 2005: - initiation fee of r165+vat on loan amount up to r1000, thereafter 10%. - interest of 5% per month (.17% per day. 60%p.a) for the first loan in a calendar year. 3% (0.1% per day. 36%p.a) for any loan thereafter loan amount r1000 taken out on 1st of the month repayable on 31st of the month. interest rate: 5%pm 60%pa 1st loan in a calendar year. 3%pm 36%pa for subsequent loan taken out in that same calendar year. credit cost multiple incl vat 1.29 1st loan & 1.27 for a subsequent loan in same calendar year. outstanding loan amount: r1289.40 1st loan r1269.40 subsequent loan. - interest of 3% per month will accrue on all outstanding balances - all attempts will be made to contact the client to agree repayment terms, whereafter the account will be handed over to an external - non - payment will result in a client’s national credit profile showing an unpaid account in arrears. other credit providers as*ess