A Long Term Loan allows you to borrow large amount of money and it can be repaid over a much longer period of time of up to five years. Usually lenders require some form of asset to be linked to the loan as a security. Interest rates on long term loans are much lower then shorter terms loans and are typically used to finance property or asset based requirements.
The application process is quite easy and can be done directly with us. We submit your loan application to our panel of lenders so that you can get the lowest interest rate and best repayment terms. Applications are usually approved within a few days and money is transferred to your account immediately thereafter. With a long term loan you can borrow up to R220,000.
The following terms and conditions apply to the website www.mistercompare.co.za and all pages hosted under this domain.
The website is hold by the company Bacana Limited, whose registered address is 25/F Workinton Tower, 78 Bonham Strand, Sheung Wan, Hong Kong.
By registering in the website, the users signify that they agree to be bound by the terms and conditions of participation stated herein. Bacana Limited reserves the right to amend these terms and conditions without giving any notice to the users as may be reasonable required for Bacana Limited’s purposes, by publishing those amended terms on the www.mistercompare.co.za website.
Bacana Limited and its sponsors shall not be liable for any late arrival, loss, alteration, delay, misdirection and/or manipulation of data and / or emails during or after data entry, data transmission and/or data storage which are due to external factors or actors.
Bacana Limited and its sponsors are not liable either for any destruction, manipulation, theft or alteration of the systems storing the data. Bacana Limited and its sponsors are not liable either for any damage or loss incurred by the user or the user's relatives in connection with the use of the prize.
Bacana Limited does not assume any responsibility for the content or action of any third party web pages or websites, the link of which being found on www.mistercompare.co.za or any page hosted under this domain.
The law of the Republic of South Africa shall govern these terms and conditions of participation. Any dispute arising from these terms and conditions will only fall under the jurisdiction of the Courts of South Africa, including the validity and enforceability of those terms and conditions.
“Personal information” refers to all the information given by the user to Bacana Limited by going through the process of registration in the site, including: Name, surname, date of birth, postal or residential address, gender, telephone number and e-mail address;
Information that the user gives by answering questions of the form following the registration page, such as the level of income, level of education or marital status; Information about the links on which the user clicks and the web pages the user views, through common technologies such as IP address, web beacons and cookies.
Bacana Limited asserts that it treats all personal information in compliance with the Protection of Personal Information Act (“POPI Act”) of 2013.
By registering into the competition, the user accepts that Bacana Limited collects, uses, processes and discloses users personal information to authorized third parties for advertising purposes as permitted by law, including across the borders of South Africa.
The personal information collected by Bacana Limited serves for advertising purposes, such as displaying, pushing or sending relevant offers based on the users answers to the questions or their browsing history.
The registration on the site by furnishing personal information is entirely voluntary.
Bacana Limited asserts that it keeps the personal information provided by the users in a secured server hosted in The Netherlands, putting the necessary security measures in place and in compliance with the POPI Act.
Bacana Limited discloses personal information for advertising purposes only.
The users may require that their personal information is not disclosed to specific companies or organizations, and are invited to request such by sending an e-mail to email@example.com
However, the users hereby acknowledge that they are aware that some governmental organization may request access to personal information collected by Bacana Limited.
Bacana Limited asserts that it will never publish a particular user’s publicly sensitive information such as level of income or level of education.
Bacana Limited does not accept responsibility or liability if some personal information is published due to an unauthorized party having gained access unlawfully to its database and the user hereby waives such claim against Bacana Limited in this regard.
By entering the competition, Users consent to Bacana Limited not having to comply with the provisions of section 18 (1) of the POPI Act.
At anytime, any user can request that Bacana Limited provides him or her with the information it has collected about him or her (and about him or her only).
At anytime, any user can request that Bacana Limited removes and / or deletes and / or corrects the information it has collected about him or her (and about him or her only).
At anytime, any user can request not to be contacted anymore by Bacana Limited (opt-out mechanism).
At anytime, any user can object to the processing of personal information although such objection will automatically disqualify the user from participation in the competition.
MisterCompare.co.za is a broker and not lender and allows access to several lenders and other financial service providers.
Before you make any application on this website (the website) you should read these terms and conditions carefully as they contain important information about the timing and nature of the service we provide.
If you have any questions or would like more information after reading these Terms and Conditions about the service we provide, please email us on firstname.lastname@example.org.
You will be asked to read and agree to these Terms and Conditions before you submit any application for credit through the Website. By checking the tick box at the end of the application process you confirm that you accept these Terms and Conditions and agree to be bound by it. If you do not agree to these Terms and Conditions you will not be able to make an application for credit through the Website.
We strongly recommend that you print a copy of these Terms and Conditions or save them to your computer for future reference.
Our loan matching service (our Service) matches consumers with prospective lenders participating in our network of lenders (Participating Lenders).
Once you submit the application form(s) to us and we share your information with one or more Participating Lenders, you understand and agree that you are submitting an inquiry about a loan product to us and each of the Participating Lenders to whom we transmit your application information. By submitting the application form(s), you are extending an express invitation to us and each of the Participating Lenders with whom your information is shared to contact you by any means (including, without limitation, email, telephone, SMS/text message and direct mail) so that they may assist you with your transaction or provide information to you about additional offers in which you may be interested. If you do not wish to receive email messages you may request to be removed from the mailing list by using the opt-out mechanism listed in the email message you receive. To opt-out of email promotions from us alone, send an email request to: email@example.com.
Participating Lenders who receive your application information from us review your information in real-time to determine whether your information meets their individual loan qualification criteria. Participating Lenders may, among other things, verify your identity, perform a credit check, and review your information against national databases (such as Experian, TransUnion, and others) which track consumer transactions with lending institutions. By submitting the application form(s), you agree to allow Participating Lenders to review, verify, and research your information in such manner.
We are not a lender and do not make loans or credit decisions in connection with the products offered by any Participating Lender. We do not guarantee that your application will be accepted by any or all of the Participating Lenders. We do not guarantee that the price, product, availability, rates, fees, or any other loan terms offered and made available by any Participating Lender(s) are the best terms available in the market.
We do not endorse or recommend the products of any Participating Lender. We are not an agent of you or any Participating Lender. We are not involved with any Participating Lender's use and/or review of your application information or in making a determination about whether you meet their individual loan qualification criteria. Each Participating Lender is solely responsible for the provision of its services to you, and we shall not be liable for any expense which you incur as a result of your breach of your obligations under the Terms and Conditions and / or unforeseeable losses or expenses which result from the introduction of you or the conduct of any Participating Lender.
You understand that each Participating Lender may keep your application information, whether or not you are accepted for a loan by them. We cannot guarantee we will find you a loan although we will endeavour to do so. If you apply for a particular product type and are unsuccessful, we will seek to identify a product type for which a Participating Lender indicates you may be accepted and which is appropriate based on the information you provide during your application.
We do not act on behalf of any or all of the Participating Lenders and we do not represent them. We will, however, be paid a fee by any Participating Lending which accepts any loan application you make through the Website. If you would like more information about the fee which we will receive, please contact us by email at firstname.lastname@example.org.
For your protection we require the documentation covering any loan or finance agreement to meet statutory and regulatory safeguards laid down by the Consumer Credit Act. If you would like to know more about the protections and remedies provided under those Acts please contact your local Trading Standards Department.
We do not act as your agent and do not claim to find you the best loan available or a loan on the best terms available. What will be best for you will be dependent on a number of factors including your circumstances and we do not provide advice to you. You should consider all loan options available to you and decide, taking into account your current and foreseeable personal circumstances and the terms of the products offered, which would be best suited to your needs. If you need help with your financial circumstances, there are free sources of help which include TransUnion (Tel: 0861-482482)
By using our Service, you agree for us, Participating Lenders and our other partners to communicate with you using telephone, email, SMS, fax and/or post to contact you in order to present various products and services we think would be of interest to you. When we communicate in writing, we may use the last postal address you gave us.
We do not use credit scoring such as searching your records with credit reference agencies, however you should be aware that most lenders including the Participating Lenders will carry out credit scoring with and access your credit file held by credit reference agencies. Where there are joint clients, it is usual for the credit file and credit score of both customers to be checked.
To help our fraud prevention and data protection strategy, you agree to us and our associate companies, credit reference agencies and selected third parties processing and using any personal data (whether provided electronically, in writing or orally) you give to us. You agree to us using the data to advise you of other products and services unless you notify us you do not wish to be informed of such products and services. The information that you give to us must be true and accurate. You undertake to comply with any legal requirements applicable to you and to provide true and accurate information in order that we can comply with our legal and regulatory obligations. If you provide us with false, inaccurate or misleading information, and/or we suspect fraud may be committed in relation to your application through our Service, we may notify the appropriate agencies. This is likely to have a detrimental impact on your credit records. In the event that you provide us with false, inaccurate or misleading information we reserve the right to reclaim any losses incurred by us in performing the service to you.
We shall not be liable for any breach of obligation to you by any bank, counterparty, intermediary or other third party with whom you do business. You will be liable for any loss you suffer as a consequence of you providing inaccurate information to us or any other person including any Participating Lender(s).
We will incur no liability for any loss (except in relation to death and / or personal injury) arising from non-performance by us which is caused by something beyond our reasonable control.
In the event that any of these terms (each of which is severable) is for any reason illegal, invalid or unenforceable, such provision as deemed modified sufficiently to render it enforceable, legal and valid and of similar effect as We intended.
Apart from provisions expressly covering associate companies, nothing in these terms is enforceable by anyone who is not a party to them.
Protecting your personal details on our website
We believe it is important to protect your Personal Data (as defined in the Data Protection Act) and we are committed to giving you a personalised service that meets your needs in a way that also protects your privacy. This policy explains how we may collect Personal Data about you. It also explains some of the security measures we take to protect your Personal Data, and tells you certain things we will do and not do. You should read this policy in conjunction with the Website Terms.
When we first obtain Personal Data from you, or when you take a new service or product from us, we will give you the opportunity to tell us if you do or do not want to receive information from us about other services or products (as applicable). You can normally do this by ticking a box on an application form or contract. You may change your mind at any time by emailing us at the address below.
Some of the Personal Data we hold about you may be 'sensitive personal data' within the meaning of the Data Protection Act 1998, for example, information about your health or ethnic origin.
We collect and may hold personal data from you via this Website and from third party sources and use it for making decisions, providing services and servicing our relationship with you, to understand your financial needs, to assess your application for credit, to conduct our business, to provide you with better customer services and products from both ourselves and those of selected third parties, to evaluate the effectiveness of our marketing of the Website and for statistical analysis. We only collect information which is necessary for the operation of the provision of our Service to you. We will not keep your personal data for longer than necessary to provide the Service, or as required by law.
We may pass this information to other members or agents, as permitted by law so that they may do the same and they may pass information held by them about you to us so that we may do the same. In the provision of our Service to you, we may disclose your information to the following third parties who may provide us with further information about you, such third parties may also be required to disclose your information to selected third parties in relation to this application, and as required by law, such as Credit Reference Agencies, corporate groups and/or affiliate companies, any other creditor in the context of your current application form to assist you in your application, any collector or tracing agent, to any company, business or intermediary associated with us to recover debt; and/or any prospective purchaser of our company.
We reserve the right to access and disclose to third parties any information to comply with applicable laws, including but not limited to, disclosure in accordance with the Act, the Regulation of Investigatory Powers Act and lawful authority requests, to safeguard the proper operation of our systems and to protect ourselves and our customers/prospective customers. By submitting an application form through this site, you agree that we can contact you by post, telephone and/or email (or such other channel we may adopt from time to time) to tell you about other products and services, offered by ourselves or other carefully selected companies, that we believe would be of interest to you. We may also pass your information to third party financial services companies for the purpose of them telling you about their services or products.
All information submitted in this form is held safely and securely by us in accordance with the Data Protection Act. We require all parties to whom we may pass your information to treat it with the same degree of confidentiality.