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Cash advance - take the quiz

What is VodaLend | Cash Advance?
Cash Advance is an instant cash loan service available to VodaPay customers
Cash advance is when you ask for money
Cash Advance is when you borrow money at your bank
What do I need to do to get a Cash Advance loan?
VodaPay customer who has been active on the Vodacom network for at least six months
You need to be at least 18 years old
Prepaid or Hybrid Customer
last three months bank statements
VodaPay customer who has been active on the Vodacom network for at least 2 months
17 years old
How much can I borrow.
R500
R250
R50
R800
R50-R500
The cost depends on the amount borrowed and term chosen.
True
False
Can I make a partial payment or settle my loan before it is due, if so please explain how ?
Is there a penalty for a late payment?
Yes
No There is no penalty fee if you do not settle your loan on time
What will happen if I do not pay my loan on time ?
You I need to be formally employed to apply for a loan
Is there a waiting period to re-apply after I am declined for a loan?
Yes
No
What can you do to avoid failed enquiries
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