AC
Ashwan C

1 reviews | Active since Jun 2025

02 Jun 2025, 17:07

Why the admin fee upfront?

Don't have a review yet....just want to know did everyone that was approved have to pay an administrative fee upfront before the loan could be processed?

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Replies (1)
Spotaloan.co.za
Spotaloan.co.za's reply20 Jun 2025, 13:31
Official
The upfront service fee is for the following services to be rendered:
1. Submission of your credit application to our credit providers.
2. Feedback on status of your application
3. If you application is declined by all our credit providers, we will provide you with a
    detailed consumer report, action plan and a consultant will contact you and assist you
    with advice.

So yes Ashwan C, the service subscription fee is for everyone!

Our Promise:
1. At Spot A Loan, our expertise lies in securing "anything loans" tailored for you.
2. Although we can't promise a loan, we assure you that we will make every effort to find one. if we can't, it's likely no one else can!
3. Should Spot A Loan be unable to secure a loan for you, we will reach out to explain the reasons behind it.
4. We will offer you a comprehensive plan aimed at enhancing your credit. Spot A Loan is here to help you repair your credit and rebuild your credit history through new credit opportunities. (Terms & Conditions apply)