Old mutual is a unique financial which has broken through the turn of decades and fluctuating global business challenges. Established in 1845, Old mutual has gone on to be a reliable service and product provider for long term savings and investments, short term insurance, asset management, banking and legacy ventures. To-date Old mutual boasts of around 14 million customers, about a quarter billion pounds in funds under management and about 54, 368 employees.

One flagship product leading the way is the Old mutual personal loan which is also offered as a debt consolidation loan. This product has been tailor-made to cater for needs like home renovations, buying a new car, pay for unforeseen medical expenses etc. This loan which offers up to R100,000 has a minimum loan term of 3 months and maximum loan term of 48 months. This loan also comes with a fixed interest rate at the time of application but the interest rate applied will be determined by the clients credit score.

To apply for this credit facility, a client needs to be 18 years and above but the term of the personal loan agreement must cease prior to age 60, be employed for at least 3 months at the same employer, provide a current payslip which is not older than 1 month, provide consecutive bank statements for the last 3 months and be in possession of a South African ID.

For more information on this personal loan facility, Old mutual can be contacted on 0860445445 or even SMS your name to 41575.