WesBank, in partnership with leading service providers, has developed a unique car finance product that enables graduates with no credit history to get on the road.
Where credit providers traditionally consider both credit history and affordability before allowing prospective customers access to finance, WesBank’s Graduate Finance focuses on affordability as graduates may not yet have a credit history to give them the start they deserve.
WesBank Graduate Finance offers graduates competitive interest rates, tailor-made packages from our partners on selected car models as well as customised and affordable insurance. Furthermore, the entire application process can be accessed and fulfilled online - from start to finish.
“At WesBank we want to empower graduates with the mobility they need,”
says Ghana Msibi, Executive Head of WesBank Sales and Marketing.
“We acknowledge and respect the time and effort young professionals put into their education and that building a credit profile was not a priority in this period. Graduate Finance is our way of offering young professionals a head start towards building a credit record in a responsible way.”
WesBank Graduate Finance is designed for graduates who:
- Have a university degree, three-year diploma or NQF 6 qualification
- Have graduated within the past three years
- Are under the age of 31
- Can provide proof of employment
- Hold a valid driver’s license
- Are a SA citizen or permanent resident
To further support graduates, WesBank has customised an affordable insurance product that offers graduates a saving of up to 40% in their insurance premium if they are a WesBank customer.
For more information or to apply visit www.wesbank.co.za/wesbankcoza/foryou/graduate
WesBank is the acknowledged leader in Vehicle and Asset finance. The WesBank Group is an international company with successful operations throughout Africa as well as the UK, offering Vehicle and Asset Finance, Full Maintenance Leases, Value-Added Insurance Products and personal credit solutions. With more than four decades of expertise and $15 billion in assets, WesBank is the partner of choice for over 80 leading international brands in fields such as original equipment manufacturers (OEMs) and insurance providers.