SMF Pay Loans

These loans are tailored to meet the financial needs of employees of private organizations whose employers agree to deduct loan repayment from source to Shield Microfinance.

Loan details

Maximum Loan Amount
$300-$1500
Term
3-6 months
Interest Rates
Srarting at 10%
Application Process
10-minute online or by phone
Funds paid into your account
Next business day following approval
Repayment Frequency
Weekly or Fortnightly
Fees and Charges
No Fee Loan Option

Loan Calculator

Loan details

Maximum Loan Amount
$300-$1500
Term
3-6 months
Interest Rates
Srarting at 10%
Application Process
10-minute online or by phone
Funds paid into your account
Next business day following approval
Repayment Frequency
Weekly or Fortnightly
Fees and Charges
No Fee Loan Option

Pay loans – Scheme loans targeted at the employees of private institutions who need credit facility to meet their personal needs

Advantage

  1. Security not required
  2. 24hrs loan disbursement after all requirements are met
  3. Free Credit Life Insurance Cover

Representative example:

Representative 8.3% APR. Based on a loan amount of $4,000 over 36 months at an interest rate of 8.3% p.a. (fixed). Monthly repayment $125.35. Total amount repayable $4,512.44.

Who can get a loan?

To get a loan you must:

  • Be at least 18 years old
  • Be a UK resident, with proof of address
  • Provide proof of your income
  • Pass a lender’s credit check

Most providers have their own assessment criteria so a particular provider may give more weightage to certain criteria than another.

Popular questions

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Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar. The Big Oxmox advised her not to do so, because there were thousands of bad Commas, wild Question Marks and devious Semikoli, but the Little Blind Text didn’t listen. She packed her seven versalia, put her initial into the belt and made herself on the way.

Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar. The Big Oxmox advised her not to do so, because there were thousands of bad Commas, wild Question Marks and devious Semikoli, but the Little Blind Text didn’t listen. She packed her seven versalia, put her initial into the belt and made herself on the way.

Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar. The Big Oxmox advised her not to do so, because there were thousands of bad Commas, wild Question Marks and devious Semikoli, but the Little Blind Text didn’t listen. She packed her seven versalia, put her initial into the belt and made herself on the way.

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