Frequently Asked Questions
To be eligible for one of our short term Funding products, you need to meet the 3 primary eligibility requirements. You must be over 18 years old, have a European Union address and phone number and have a regular income paid into a European Union account. The income can be derived from regular employment, working for yourself (self-employment) and in some cases benefits and pensions.
Our flexible approach to lending allows you to borrow as little as R5,000 right through to R5,000,000 (and any amount in between). The Funding can be taken over a month or years thus allowing for increased flexibility. On occasion, we may suggest a different Funding amount or term based on what they consider to be affordable.
Personal Funding ,
Business Funding ,
Consolidation Funding ,
Home Funding ,
Payday Funding ,
Emergency Funding , Funding for Blacklisted,
Debt Review Funding ,
Agricultural Funding ,
Cash Funding ,
No Guarantor Funding ,
Bad Credit Funding ,
Home Improvement Funding ,
& more!
Yes. And in fact, we welcome applicants with a low, poor or even outright bad credit rating. We tend to consider the affordability of the Funding in question over traditional credit scoring and history. So if you need a Funding and have surplus cash month to month to service it, then it's well worth applying.
Yes, we do assist clients under debt review.
No, all of the Funding offered on European Global Investment Fund are what is known as cash-for-any-purpose Funding . As the name suggests, these Funding can be used however you design and you do not need to prove what you have used the Funding for. Our application form does ask what you intend to use the money for but this is simply for reporting procedures and not something that forms any basis of your application.
We request an applicant's account details in order to transfer you the funds in the event your application is approved. It does not form part of the formal credit checking procedure.
If you apply for a Funding during regular business hours, we will send you the funds on the same day. If you were to apply during the evening, weekend or public holidays then it may be delayed until the following business day. Transfer times at your own bank should also be considered as some banks only process incoming transactions periodically.
When you submit an application, We will perform what is known as a soft search or soft pull of your credit report. This is primarily to confirm your identity and eligibility and it contains similar information to that which you would likely see if you ran your own report. It has no negative effect on your credit profile and can be run an unlimited amount of times with no issue.
European Global Investment Fund is strictly a no guarantor Funding service. You will not be afforded the opportunity to propose a guarantor in the event that your Funding application request is unsuccessful. Please enter all of the data requested in the application form as accurately as possible and above all else, make sure you can afford the repayments on the Funding you are applying for. Applicants with no surplus funds to service a Funding will be refused regardless of credit rating.
