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Balloon/Residual payment loans are structured to reduce monthly payments on your vehicle by shifting a significant portion of your loan to one final payment at the end of your payment term. Whichever way you look at it, you are still held accountable for the Residual/Balloon payment that is due.

If we work off a R200,000 car with a 35% balloon payment, the amount owed at the end of the term will be R70,000. Based on these basic sums, unfortunately the majority of us will not have that amount of money saved up in anticipation for the day that we need to settle our Residual/Balloon payments.

For those of you in this predicament, there is light at the end of the tunnel.

With the help of ReFinance Financial Services there are now 2 options available to customers:

Option 1: If you are at the end of your term and the Residual/Balloon payment is owed, ReFinance Financial Services are able to finance this amount for you at a preferential interest rate and favourable terms.

Option 2: If you are not at the end of your term, then this is the preferable option to go with. ReFinance Financial Services will refinance your vehicle (including the balloon payment). This only would add a small amount extra per month to your current instalment, but it would completely eliminate the burden of having to settle the Residual/Balloon lump sum at the end of your term.

For more information on how you can start saving today please contact ReFinance Financial Services on 012 111 0033 or complete our contact form below and we will call you back.

Vehicles have become an essential part of our daily lives. Unfortunately with the ever increasing costs of living and the reduced amount of disposable income available, vehicle owners think that the only way out is to sell their vehicles and settle for cheaper alternatives. Fortunately for us all, this is now no longer true.

You can still enjoy driving the car that you love at a price that you can now afford!!

With a few easy steps, ReFinance Financial Services will get you a new finance deal on your car at a more competitive instalment amount, a better interest rate and payment terms that are easier on the pocket.
As an added benefit we will structure your refinance deal in such a way that it will even free up some extra capital for up to 60 days, giving you the financial holiday that you so deserve.
So if you want more information on how you can start saving today please contact ReFinance Financial Services on 012 111 0033 or complete our contact form below and we will call you back.

Those memories of sitting out at night in your favourite camping spot listening to the sounds of nature, no longer need to be something of the distant past. The ever increasing costs of living do not mean that you now need to rid yourself of what you love the most … the great outdoors!!

Of course we could all do with some extra money in our pocket, but you can still enjoy your most cherished holidays at a price that you can now afford!

You must be asking yourself, “how can this be done?” well it is quite simple really. The answer is .. Caravan Refinancing. ReFinance Financial Services will get you a new finance deal on your caravan at a more competitive instalment amount, a better interest rate and on payment terms that are easier on the pocket.

For more information on how you can start saving today! Contact ReFinance Financial Services on 012 111 0033 or complete our contact form below and we will call you back.

In this current economic climate we could all do with some extra money in our pocket, and we do not need to all sell your prized possessions in order to achieve this.

You can still enjoy the bike that you love at a price that you can now afford!

You must be asking yourself, “how can this be done?” well it is quite simple really. The answer is .. Bike Refinancing. ReFinance Financial Services will get you a new finance deal on your bike at a more competitive instalment amount, a better interest rate and on payment terms that are easier on the pocket.
So those weekend bike rides that you thought would have to become a thing of distant memories, can now stay a reality.
For more information on how you can start saving today please contact ReFinance Financial Services on 012 111 0033 or complete our contact form below and we will call you back.

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