Capitec Bank
Consolidation Loans

Good day

Can you please adivse what the criteria is when being approved for a consolidation loan. Is the settlements of the various accounts not taken into consideration before an offer is generated. I have an existing loand with Capitec. When I applied for the loan I enquired on doing a consolidation of my other accounts and was advised the system only offers a certain amount for a specefic term.

I wanted to consolidate all my accounts so I have only one account to pay. To my understanding thats what loan consolidation is.

Why cant the settlement of all my accounts be taken into consideration before an offer is generated.
Please respond via email.

Company: Capitec Bank
Country: South Africa
City: JHB

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