Consolidate your debt using your Absa Home Loan with Absa FurtherAdvance

Not many people can find this information as Absa does not directly or explicitly tell their customers that this is their Debt Consolidation plan/product. Yes, sure, you can use the money you get from this loan to pay off your other debts or make further purchases. If you would like to read up on what and how loan consolidation please read here.

Absa differs from other financial institutions and credit providers in that your home has to actually be worth the entire home loan including the extra loan amount you are requesting. For example, if you have an existing home loan with Absa and it’s worth R 300, 000 and are requesting R 100, 000 then your home will have to be evaluated at worth over R 400, 000. This is according to their conditions for taking out the Absa FurtherAdvance product.

But not to fret, you can actually use these funds as you see fit (which the NCR hopes is spent well).

22 thoughts on “Consolidate your debt using your Absa Home Loan with Absa FurtherAdvance

  1. Gladness Reply

    Pls help me with consolidate loans i am your customer so i struggle to pay my accounts i try but know i dont know where to go i am working i will pay your money back any one to help i know is my problem with respect thanks

  2. cynthia nomvula biniackounou Reply

    need to consolidate my depts i am having bond with you

  3. Tebogo mojaki Reply

    I will like to consolidate all my accounts .absa help me because I struggle

  4. Nonjabulo Nokuxola Mkhize Reply

    Please help I need to consolidate my Accounts and I’m struggling.I am your client

  5. Magdeline M. Kubheka Reply

    Im not Absa customer and i need a home loan, can Absa help me.

  6. Ernest Redpath Reply

    I am looking for a loan to start my own business. Please help!

  7. Domane Pamela Mamabolo Reply

    I am an absa customer, I need a home loan ,can absa help me with consolidation of all other accounts that I am paying and left me with only the instalment for homeloan.



  9. samamtha Reply

    hi can absa pls help me i want to make alone pls off 15000 pls

  10. Fahmiah Kimmie Reply

    I got a bond with you i also got a loan that i have topay I also got a few other account’s that I want to settle my balance on my bond is R80, 000 i want to know if I can apply for a home consolidation loan can you please let me know if you can help me my bond account num is 8042314132 thanking you mrs f kimmie

  11. Kim Reply

    Hi i don’t bank with absa but I would like you to help me out with a loan

  12. Dorothy Reply

    i would like to settle all my accounts please help me with loan. i bank with ABSA

  13. Tyrone Harris Reply

    Good morning good wishes to whom it may concern. I have a paid up homeloan bond account with ASAP. They have my title deeds in their possession and I am a account holder with ABSA.
    I am enquiry about the absa further advance product that you have.
    Please contact me regarding it.
    Thanks Tyrone Harris.

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