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).

9 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.

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