Sponsored Loans

Let us help reduce your loan amounts that you have incurred. Upto 50% or more of your loan can be sponsored.

Service Currently: Active

About Sponsored Loans

This service focus on providing you the opportunity to lower your monthly installments to upto 25%. It's primarily targeted towards individuals who have Home/Car loans and want enough saved up for either retirement or some emergencies

This service operates based on demand.

How it Works Getting started with sponsored loans

Step 1 Request

Submit a request of which debt you would like us to sponsor

Step 2 Verify

Provide the required documents so as we know what you owe

Step 3 Processing

Once all details have been checked we being the process of settlement

Step 4 Done Deal

You only pay the principal amount for a certain duration

Service Fees

  • What you pay 70-85%
  • Sponsored Cost 15-30%
  • Per Request R 1000
  • Points Required R 15000
  • Points Earn Per Payment 1-5.5%
  • Request Later available

Fees will be revised on quarterly/semi-annual basis dependent on demand

Frequently Asked Questions

Freelifestyle will sponsor to pay 15-30% of your monthly loan installment

A minimum of 1000 requests is required per type of loan (i.e. Home & Vehicle) in order to be able to offer the sponsorship effectively.

It should take a minimum of 60-180 days

Information on this page has been update on September 18 2024 9:04:03

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