Restructuring Loan

The Loan Restructure is a product that seeks to help members repay their loans by reducing their monthly loan repayment amounts and increasing their loan term. This will help members who have genuine challenges repaying their loan

Features

Repayment period of up to 72 months
Loan qualification of X4
Offset commission applies
The applications must be approved by the Credit Committee.
Members with this product will not qualify for other loans for a period of 12 months.
No cash benefits