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Similar to our Prime Plus Loan, this product is an easy access loan with fast approval when the funds you need will be a ‘life saver’. You can access up $6,500.00. $1500.00 is deposited into your shares account and you receive $5000.00 in hand. To access this loan a minimum deposit of $500.00 is required.
Interest on this loan is calculated at only 1.5% monthly on the reducing balance and there is a maximum repayment period of 18 months.