Vecto Finance Loans

Vecto Finance is offers unsecured Personal Loan from R 500 to R 10 000 and the Vecto Finance Loan is deposited directly into your account within 24 hours after the loan is approved.

How does Vecto Finance Loan work?

  • Employer signs a listing form agreeing to:
    – Co-sign employee loan applications (validity check)
    – Make repayments via payroll deduction
  • Employee completes a loan application form
  • Employee selects amount required (up to R10,000) and the loan repayment term (up to 12 months)
  • Monthly instalments are shown on the Loan Repayment Tables which also reflect the total interest, total repayment and any other charges payable – There are no hidden costs
  • The completed form is counter-signed by a responsible person designated by the employer
  • The form is faxed or emailed to VECTO
  • VECTO performs
    – Credit check
    – Affordability assessment
  • Funds are transferred to the employee’s bank account within 24 hours
  • Repayments start at the next payroll date
Vecto Finance Loans

Vecto Finance Loans

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