Looking to consolidate all your debt into one flexible payment? Then Pay 1 is for you. These loans can be secured both internally and externally by cash and member funds and also using the equity in your home.

• Ordinary Share requirement of 10% (5% if loan amount is $2M and over) of the loan amount
• Permanent Share requirement
  • $5,000.00 for loans under $500,000.00
  • $10,000.00 for loans over $500,000.00
• Maximum of 240 months (20 years) repayment term depending on the security used
• Compulsory Share Savings of 10% of monthly payment.
• Employment tenure: permanently employed for at least 6 months or 1 year renewable contract
• Loan amount based on affordability
  
• Securities
  • Real Estate / Motor Vehicle / Cash- Internal or External
  • Insurance Policy / Stocks & Shares

*Conditions apply

For information on how to access this product, please click here