CashPower Loans now available through www.auctionfinance.co.za
Loan repayment period between 2 to 6 years. Credit is subject to qualifying criteria. The interest rates with regard to a WesBank CashPower Personal Loan vary between 19.25% – 29.25%. Your rate will be determined according to your personal circumstances and financial profile. All loans include an initiation fee and a monthly service fee.
An illustrative example of a loan at an interest rate of 24.50% per annum would be: Loan amount R60,000.00 plus a once-off initiation fee of R1,207.50 and a monthly service fee of R69,00 over 72 months. The total cost of the loan will be R137,754.32, which is a fixed Annual Percentage Rate (APR) of 32.76%.