Woolworths personal loans comes in two different types. What is also good to know is that they will help you find the one which will suit your needs the best and they will also assist you every step of the way to get it. Because borrowing money is such a serious matter they have gone out of their way to try and make it as convenient for you the customer and they kept the two options flexible so it’s a real beneficial step for you to take. Even the ways for you to apply has been kept hassle free and simple to streamline the money lending process.

When you are considering the Woolworths personal loans there are two options you can follow. Number one is a fixed term plan where you can choose between 3 different time periods over which you can pay it back. You can either go with 12, 24 or 36 months. What is even better is that you can choose between these periods each time you borrow. The monthly installment that you have to pay back are fixed. This is a huge benefit because it allows you to really plan your budget carefully because the amount stays the same. You do not even need a personal finance calculator to learn if you qualify.

When you have paid back all the money you can immediately re-apply for more money on a whole new plan which will go even smoother and faster than the first time. There is also the revolving option that you have. It is the same story what the time period’s concerned just like with the first plan, but you can only get a minimum amount of R1000.00. This however you can increase in amounts of R500. What is really nice about this option concerning woolworths personal loans is you can get this amount every time you pay the monthly installment.