Keep your finances
in check
Theo Boshoff
First National Bank (FNB) has just announced that their customers will now be able to work out and calculate their monthly unsecured loan repayments whenever they want all from their cellphones with the unveiling of the bank’s new mobi site.

The mobi site will make life easier for those wanting to check up on their loan repayments. It features a loan calculator, assisting customers by providing monthly instalments for loan values requested by someone who might want to get a loan and need to know what the monthly damages would be.

You might think this is a waste of time and very gimmicky, but keeping a close eye on what you can and can’t afford these days is becoming a necessity and it will help people find out almost precisely what size loan they will be able to afford.

According to Jeff McDonald, head of product and marketing at FNB, incorporated into all the values of repayments over whatever period done through the mobi site’s calculator, are all bank charges, interest payments as well as cost for the customer protection plan. This means no extra and uncomplicated additions and subtractions need to be made – the calculator does it for you.

Visit http://fnbweb.mobi/smartloan/ and check it out yourself.