8 reasons why you should NOT use Kolo
Let's explore the different reasons why you shouldnât make use of your Kolo account or encourage your family and friends to do so.Â
What to do when you cannot repay your loan on timeÂ
Missing a loan repayment deadline can be stressful, but how you respond matters more than the setback itself. The best first step is to contact your lender early, explain your situation, and explore available options such as extensions, restructuring, or revised payment plans. Ignoring the issue can lead to added fees, damaged credit history, or aggressive recovery actions. By acting quickly and communicating honestly, borrowers can often reduce the impact and work toward a manageable solution.
7 loan apps in South Africa with low interest
This guide looks closely at 7 loan apps in South Africa that stand out for how their products hold up in practice.
