Credit Assist

iLoan's Credit Assist is tailor-made for clients who are unable to get a loan with the banks due to an unfavorable credit record or ITC rating.

Our Credit Assist aims to rejuvenate your credit status.It ensures that you are able to gain funds through the conventional lending channels, i.e. the banks, within the short time period of twelve months.

Who can use Credit Assist?

• If you, the homeowner, have equity in your property
  
• The estimated market value on your property is higher than your current home loan
  
• You earn sufficient income to apply

How does it work?

• Your existing home loan and other debts are settled with a single amount
• You only pay one amount each month for all your debt
  
• Avoid debt administration
  
• Property ownership remains with you
  
• Judgements against you are rescinded
  
• You only pay interest the loan amount while going through the rehabilitation process

Why Consolidate debts?

• To save on interest payments- a home loan is one of the cheapest sources of finance around.
  
• You only pay for one account's fees as all loans are consolidated into one.
  
• By having less accounts on your name,in this case only one ,you will greatly improve your credit record.

For further information please contact us.