Cashbuild Credit Account: Kick-start Your Building Project
You can kick-start your building project through Cashbuild credit account today in partnership with Nedbank and Capitec.
Cashbuild build provides their customers with access to discounted interests rates through Capitec and Nedbank to help them access build loans.
Customers may apply for up to R250 000 of Cashbuild building loan through Nedbank.
If you apply through Capitec, you have access to a term loan up to R250 000 or an access facility up to R500 000 to finance your build project.
How to Qualify for Cashbuild Credit.
For Nedbank, you need to meet the following criteria before you start your application process.
Capitec Building Loan Requirements.
| Capitec Building Loan Requirements |
|---|
| Applicants must be above 18 years of age. |
| A standard quote from Cashbuild (obtain in-store), not older than 30 days |
| Your latest 3 consecutive salary slips |
| Bank statement showing your latest 3 consecutive salary deposits |
| No proof of residential address is needed. |
| A valid South African ID document/smart ID card |
*Please note that a good credit score is important qualifying factor above all the requirements.
Nedbank Building Loan Requirements.
| Nedbank Building Loan Requirement |
|---|
| Applicant must have latest payslip or pension remittance. |
| Applicant must have net income of at least R3 500 a month deposited into your bank account electronically. |
| A valid South African ID document/smart ID card |
|
Your stamped bank statements for the last three months (showing your salary). If you bank with Nedbank, Absa, Standard Bank or African Bank, we can arrange this on your behalf. |
*Please note that a good credit score is important qualifying factor above all the requirements.
Benefits of Renovations
What are some of the things that you can benefits from when you do your renovations through Cashbuild credit account?
We all know, especially for those who stays in townships, paying off your building loan is one the easiest things ever.
If you have taken a building loan and you are struggling to pay it off, you can easily rent out your garage or rooms to help you pay off your debt.
You can build rooms for your teenagers through a renovation personal loan.
After doing renovations, you can increase the value of your property, these enables you to make more profit that will even exceed the amount spent on your Cashbuild credit account.
One other exciting factor about doing renovations is, it allows you to structure your layout according to your vision.
You choose how you want your bathroom to look, the type of bathroom you want, ceiling, kitchen or garage.
Conclusion
We have come to the end of all that you need to know about the Cashbuild credit account, get started today.
You may also be interested in Build It credit account online and how to open cashbuild credit account online.