Jaccul

The basic requirements to apply for a loan on Jaccul include:

• •   Must be a member for at least 3 months
• •   Must be at least 21 years as at the date of applying the loan
• •   Must not be 70 years as at de date of application except loan is within savings or is backed by a suretee or bank standing order
• •   Have regular movement in his or her savings account
• •   Demonstrate his or her capacity to repay trough a budget surplus with verifiable source of income
• •   Have a good savings and loan history with the credit Union
• •   Must have a down payment of at least 30% for consumption loans and 20% for business and contract financing
• •   Have filled a standard loan application form and pay a non refundable processing fee of 50%
• •   No loan shall be granted to a member whose name is on the network blacklist or who is a member of another credit Union

To apply for a loan with Jaccul, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.

This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.