WHAT CAN I AFFORD?


Financial institutions/banks will the following criteria when considering the approval of a loan:

  • Availability of a deposit
  • The "affordability test"
    • as implemented under the National Credit Act; and
    • 1/3 of your income
      * credit rating


TO "GET STARTED" AS A r2b APPLICANT –

The first and only question will be: Can you pay the monthly rental as proposed by us?

We will conduct an affordability test, but with the focus to assist you to:

  • Increase and prove your affordability
  • Build-up and improve your credit record