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Click ‘Get Form’ to open the assupol loans application in the editor.
Begin by filling in your KCB Branch and Account Number if applicable. Then, enter the Date of Application and Date Opened.
In the PARTICULARS OF APPLICANT section, provide your Surname, Other Names, Date of Birth, Date Employed, Name of Employer, and other personal details. Ensure you attach a copy of your ID, last 3 pay slips, and 6 months bank statements.
Complete the FINANCIAL DETAILS section by detailing your account holdings including type of account, account number, bank name, and branch. Indicate if your salary is paid directly to a KCBT Account.
In the LOAN DETAILS section, specify the loan amount requested, purpose of the loan, repayment period in months, and monthly payments. Attach any necessary documentary evidence.
Fill out the AUTHORITY TO EMPLOYER TO RECOVER LOAN section with your employer's details and sign where indicated.
Finally, ensure all witness signatures are obtained as required before submitting your application for processing.
Start using our platform today to complete your assupol loans application easily and for free!
We partner with TransUnion to access your credit report, which gives us the information to compile your Upgrade Credit Health summary.
Why did Upgrade deny me?
Find Out Why Youre Declined You could also be denied for a reason unrelated to your credit, like your income or employment history, which lenders will typically inform you about as well. Read your adverse action notice to learn the exact reason you were declined.
What is the minimum credit score for upgrade loans?
Low minimum credit score: Upgrade only has a minimum credit score requirement of 580, which may make it a good fit for borrowers with low credit scores. High origination fee: Upgrade charges customers a 1.85% - 9.99% origination fee that is taken out of the total loan amount.
Is Assupol a legitimate insurer?
Assupol is a trusted name in the industry for over 110 years, dedicated to safeguarding your future.
Can I borrow money from my Assupol policy?
We provide you with a guaranteed maturity value so you can plan ahead for your goals. Your maturity value is tax-free You can use your policy as security for a loan.
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People also ask
What does your credit score have to be for an Upgrade?
You may be able to qualify with a 580 credit score, and Upgrade allows co-applicants and collateral, which could help you get approved. Upgrades repayment periods go up to seven years, which is longer than many other lenders maximum of five years.
What is the minimum credit score for Upgrade loan?
Upgrades minimum credit score for personal loans is 580. You can check your rate on its website without any impact to your credit score. Once you apply, Upgrade will perform a hard credit check. If you have any negative marks on your credit report, such as bankruptcy, this will probably disqualify you for a loan.
How long does it take for Assupol to pay out?
The loss of a loved one is never an easy experience, which is why we have made claiming simple and painless. A valid funeral benefit is paid to you within 24 hours of receiving all claim documentation.
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Personal Financial Management and Entrepreneurial
Planner reviewing loans A critical evaluation of the success factors in personal financial planning: a CASE Study of Assupol Life, Port Elizabeth.
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