Vodacom offers access to personal loans through new digital financial solution
Vodacom Financial and Digital Lifestyle Services is launching VodaLend Personal Loans with the aim of providing a responsible credit solution for South Africans who need to secure extra funds in a tough economic climate. The new offering, in partnership with Old Mutual Finance, a registered credit provider, gives customers and non-customers alike convenient access to a personal loan of up to R250 000. “We understand that the high cost of living and other economic pressures are taking their toll on consumers. Through VodaLend Personal Loans, we are offering an accessible, trusted and reliable financial solution backed by a reputable partner, which can support customers in achieving their personal goals and financial well-being,” says Mariam Cassim, Chief Executive Officer of Vodacom Financial and Digital Lifestyle Services. The National Credit Regulator’s Consumer Credit Report for Q1 2023 highlights that loan advances from non-banking institutions ha...