Some of our branches remain closed, but our digital channels are always open.
Alternatively, you can call us for assistance on 0860 222 252.
A list of closed branches is available here.
Old Mutual Personal Loan
Know your credit score
Having access to your credit score allows you to keep a finger on the pulse of your credit health. With our new credit score tool, you can check your credit score anytime for free. Sign up today and you’ll see exactly where you stand and what you can do to improve your credit score.
Your personal loan amount depends on various factors such as your credit score and affordability. When you deduct your monthly expenses from your salary, you should have enough money to cover your monthly loan instalments. If you want to know how much your monthly loan instalments will be, you can use our personal loan calculator to get a rough estimate.
You can apply online, in a branch or over the phone.
What you will need:
- A valid ID
- 3 months’ bank statements
- Your most recent payslip, as proof of employment
- Be 18 years of older
Call us on 0860 000 866
Why get a loan from Old Mutual
It's quick, affordable, and easy to understand.'Adulting' is just a fancy word for 'paying bills'. If you've got a few loans to pay off, you're not alone. The good news is that you can pull all your debt into a debt consolidation loan.
There are four benefits to consolidating your debt in a single loan:
- With just one repayment every month, it’s easier to manage your debt
- Having only one loan means paying only one monthly admin fee
- You will have the opportunity to get rid of revolving credit that has stuck with you for years
- You have the option to lengthen the time needed to repay your debt, lowering your monthly instalments
Note that even though lengthening your loan term can lower your monthly instalments, restructuring your debt this way will result in more interest and fees paid over the life of a loan.
Some recommended reading to help you understand loans, credit and credit scores.
The use of the online calculator is discretionary and calculations are estimates. Old Mutual Finance gives no warranty, express or implied, as to the accuracy of such estimates and does not accept any liability for loss or damage of any nature whatsoever, which may result from the use and/or reliance of estimates provided by the calculator. All loans are subject to a full credit assessment.
Old Mutual loan offerings are made available through Old Mutual Finance (RF) (Pty) Ltd, a Licensed Financial Services and Registered Credit Provider (NCRCP35)
Payment options range from 3 to 72 months. Interest calculated monthly. A once-off initiation and admin fees apply. The maximum interest rate is 24.5% annually. Representative Example: Credit of R5,000 borrowed for 3 months. Total interest payable over loan period: R291.09. Once off initiation fee: R649.75. Monthly admin fee R69. Total Amount Payable: R6,147.84.