“Improving the financial future of individuals and their families in full throttle”

STANDARD LOANS Debt consolidation programme is for all blacklisted and credit worthy individuals. Those home owners

that are struggling to make ends meet can secure a low interest rate home loan against their property. The aim of debt

consolidation is to increase the amount of the existing home loan and use this amount to settle debts. This will improve your monthly cash flow due to the low interest rates and finance

charges offered on home loans. We use our own funding to settle your debts and will then apply for a further bond even though you

have a poor credit profile. How does it work? We loan you the amount you require to settle your debts. Remember that you are still the property owner. Judgements and all poor credit records against your name are removed. This will now make you credit -worthy and put you in an affordable position to apply for a bond

with any bank at prime and below prime interest rates. This money is now used to pay us back what we lent you. Please note that the settling of your debts starts as soon as we receive all the required documentation. Page over to see how the process

work. We also have personal and consolidation loans for blacklisted and non-blacklisted individuals and if you do not

own a home.(like above)“Improving the financial future of individuals and their families

in full throttle”

Group

Structure

New Bonds,

second

bonds,

consolidation

bonds and

debt

consolidation

against

properties

Debt Consolidation Loans and Credit Bureau Repair Plus ITC credit checks and reports

Bridging

Finance

Loans

available

whilst waiting

for

Pension/Provid

ent fund

payouts.

Within 48

hours upon

receiving all

documentation

Unsecured Personal Loans for all, blacklisted as well up to R120 000.00. Can be paid-out the same day

We loan clients money using their property as security and : Use this money to pay off all of their expensive high

interest-bearing short-term debt such as store cards, micro loans, credit cards etc. This improves the client’s monthly cash flow;

Improve their credit profile so that in future they can get credit at a reasonable cost; and

Provide a financial education. Through this process we teach people how to get out and stay out of debt;

Re-apply to the banks for a higher bond in a few months time in order for US to be repaid out of the proceeds.

If a property is worth R1 000 000 and the bond outstanding is R500 000, the Loan to Value is 50%. We use a maximum Loan to Value of 75% (including the existing bond). The difference between the value of the property and the bond outstanding is known as equity. In order to qualify for any loan with a bank you must : Be able to demonstrate that you can afford it; Be in good standing with all your creditors i.e. not

have an impaired credit record; and Be able to provide sufficient collateral for the loan

(with a property this is the Loan to Value amount).

A typical client owns a property that has no bond or is worth more than is owed on the bond. Typically the client owns a property where the current Loan to Value (“LTV”) is less than 60%;

The client is unable to access a further bond due to an impaired credit record or due to affordability concerns as the client has a large number of short-term high-interest credit arrangements (store cards, credit cards etc);

The minimum facility offered by us is R30 000 and there is no maximum;

The minimum value of the property needs to be R200 000 and the client needs to be earning a combined household income of at least R8500 per month.

Before Remediation LTV < 60% After Remediation LTV <80%Creditor Monthly Installment Creditor Monthly InstallmentWoolworths 1948 Woolworths 0Cell C 220 Cell C 220Nashua Mobile 175 Nashua Mobile 175Woolworths 1259 Woolworths 0FNB Card 404 FNB Card 0Absa Card 577 Absa Card 0Direct Axis 500 Direct Axis 0Blue Bean 905 Blue Bean 0Jet 370 Jet 0Absa Loans 404 Absa Loans 0Wesbank Arrears 1340 Wesbank Arrears 0Rates (including arrears) 2350 Rates 1200Nedcor personal loan (Mr) 915 Nedcor personal loan (Mr) 0Nedcor personal loan (Mrs) 386 Nedcor personal loan (Mrs) 0Bond Installment 2500 New Bond Installment 4078

Total R14253 Total R5673

Private and Confidential

Net reduction in monthly payment of R8580 per month (c60%), the majority of which is high interest-bearing consumer credit.

Applicants must be a property owner Only residential property that is registered in the applicant’s name can be used as security No vacant land will be considered Must be permanently employed Minimum joint basic income of R8500 per month Minimum property value of R200 000 Maximum age at date of application must be 55 Minimum debt of R30 000 Applicants that have been sequestrated must have been rehabilitated for at least two years Applicants cannot be under debt review

In order to assess whether a client might qualify for a loan from us, you need to answer the following four questions:

1 Do you own a property?2 How much do you and your spouse earn per month

before deductions (gross salary)?3 How much do you owe on your bond?4 How much do you think your property is worth?5 Blacklisted home owners are welcome to apply.

Use the affordability calculator to see how much the person could qualify for. This would be the smaller of the two amounts in red.

AFFORDABILITY CALCULATOR

Client Name :

Consultant Name : Masterplan

Branch : DURBAN

Interest Rate 10.5Term (years) 20

Gross Salary Applicant AGross Salary Co-Applicant BGross Salary Co-Applicant   CGross Salary Co-Applicant   DGross Salary Co-Applicant   E

Total Combined Income

Total bond clients qualify for

Outstanding balance on existing bond

Maximum further advance clients qualify for

30% of Total Combined income

Current market value

75% of market value

Equity amount available

If the affordability calculator shows that we might be able to assist , you need to email the affordability calculator, together with the signed credit consent to, [email protected] or fax them to 086 -568 0220 .We will then do all the necessary enquiries and advise whether you qualify.( CELL 0721358581)

If you have any questions or queries please contact me

[email protected] or visit our website

www.standardloans.co.za