Make Money Mondays

5 ways to get a bank loan approved

Ray White (in for The Money Show’s Bruce Whitfield) interviewed Private Banker and Personal Finance Consultant Samke Ngwenya for the weekly “Make Money Mondays” feature.

Ngwenya discussed, in detail, the five best ways to get the bank approval you are looking for:

  • Ensure a suitable debt-to-income ratio.

  • Have a clear, verifiable history of earnings

  • Take a "run up" to the application

  • Bargain

  • Create equity that has "rolled" or grown over time

Listen to the audio below for more detail.

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the seven most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Is solo adventurer Riaan Manser as crazy as he seems when it comes to money?

Is solo adventurer Riaan Manser as crazy as he seems when it comes to money?

Bruce Whitfield interviews Manser about his attitude toward money (hopes and fears, successes and failures, etc.).

Zwelinzima Vavi answers deeply personal questions about money

Zwelinzima Vavi answers deeply personal questions about money

Bruce Whitfield interviews the legendary trade unionist about his attitude toward money (hopes, fears, successes, failures, etc.).

My first earnings, I was a car guard! - Jenny Morris opens up about money

My first earnings, I was a car guard! - Jenny Morris opens up about money

Bruce Whitfield interviews Morris (aka The Giggling Gourmet) about her attitude toward money (successes and failures, etc.).

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

"I have no desire for clothes. I have no desire for holidays. I have no desire for outings. All I see is the suffering of people…"

Jesse Clegg (son of Johnny) opens ups about money and growing up on tour

Jesse Clegg (son of Johnny) opens ups about money and growing up on tour

Bruce Whitfield interviews Clegg (junior) about his attitude to money (hopes and fears, successes and failures, etc.).

Sars hit TKZee founder Zwai Bala for R3 million (and other ‘money’ confessions)

Sars hit TKZee founder Zwai Bala for R3 million (and other ‘money’ confessions)

The Money Show’s Bruce Whitfield interviews Bala about his attitude to money (hopes and fears, successes and failures, etc.).

Popular articles
5 highlights from Pravin Gordhan’s state-owned company clean-up

5 highlights from Pravin Gordhan’s state-owned company clean-up

The Money Show’s Bruce Whitfield interviews Corruption Watch Executive Director David Lewis.

ANC Tshwane says the City's mayor knew of the looted R12 billion

ANC Tshwane says the City's mayor knew of the looted R12 billion

ANC Tshwane spokesperson Bafuze Yabo gives details of their planned action against the City of Tshwane.

Jacques Pauw: We need more evidence on the 'The Lost Boys of Bird Island' book

Jacques Pauw: We need more evidence on the 'The Lost Boys of Bird Island' book

Investigative journalist and author Jacques Pauw shares his thoughts on 'The Lost Boys of Bird Island' book.

[WATCH] Kid goes from 'be a fart machine at work' to 'I love you dad'

[WATCH] Kid goes from 'be a fart machine at work' to 'I love you dad'

Khabazela shares tweets & videos that have gone viral including a parrot that told firefighters the F-word during its rescue.

'Black Tax'... working hard, earning well, but struggling financially

'Black Tax'... working hard, earning well, but struggling financially

Young(ish) South Africans tell stories of the mixed emotions they feel when supporting family members, and tips from an advisor.