How to Check your Old Mutual Loan Balance

Do you wish to find out how to check your Old Mutual loan balance? Old Mutual is one of the oldest financial institutions in South Africa. They offer a wide of services, including loans, investments, unit trusts and insurance. You are here because a while back you took an Old Mutual loan. Today, you wish to find out how much you still owe to the company.

How to check your Old Mutual loan statement

The following is how to check your Old Mutual loan balance;

1. You can view your loan balance by visiting your nearest Old Mutual branch.
2. It’s also possible to get your balance by calling the Old Mutual call centre number on 0860 445 445.

Why check your Old Mutual loan balance?

That’s how to check your Old Mutual loan balance. We noted that you have two options in this regard. You can visit your nearest branch and they will be able to help you.

Ask them to print a loan balance statement and they will do so. Another option is for you to call the call center. You can ask them how much you still owe. But why would you wish to get this information?

There could be any number of reasons to look for your Old Mutual Loan balance statement. Perhaps you are simply interested in learning how far you have gone in repaying your loan.

Or maybe you wish to get another loan. Loans are good in that they afford you to buy goods and services that would otherwise have been out of your reach.

Instead of waiting and trying to save money, which is quite difficult, you can quickly buy whatever it is that you need using a loan. But you need to be careful not to overstretch yourself.

Otherwise you will find yourself in default and in serious debt. Hence it’s prudent to always to know how much you still owe before taking another loan.

Summary

In this post we showed you how to check your Old Mutual loan balance. We noted that Old Mutual is a major player in South Africa’s financial services.

They offer a number of products in the insurance, unit trusts and loans spheres. If you have taken a personal loan from Old Mutual it’s always good to keep an eye on how much you still owe. That’s a good way of managing your finances.

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