1Who is eligible for a loan at GetBucks?
Salarised government, parastatals and private sector employees are eligible to apply.
2What do I need to apply for a loan?
- ID document,
- Recent payslip
- 3 months bank statement
- Employer confirmation letter
- Proof of residence.
- ITC Report
3What is the salary range that allows one to qualify for a loan with GetBucks?
Applications are reviewed on a case-by-case basis.
4What are your loan interest rates?
Interest rates are dependent on the borrowed loan amount and repayment period.
5What is the difference between the short term and the long term products?
A long term product offers a credit facility from E1 000 to E350 000 repayable from one month to 84 months. Meanwhile a short-term product offers a credit facility ranging from E1 000 to E20 000 payable over a month to 24 months period.
6Does GetBucks offer debt consolidation?
Yes, this involves taking out a loan to pay several existing loans. It entails combining several high interest rates debts into one loan ideally one with a lower rate. When managed responsibly, a debt consolidation loan can help you save money on interest and get out of debt faster.
7How much does a borehole cost?
There are several factors which can affect the cost of a borehole installation this includes: underlying hydrogeology, amount of water required, location, the type of pump required. We are able to provide, free no obligation quotations, simply call us.
8How long does it take to drill a borehole?
How long a borehole takes to drill depends on the depth of the borehole and the type of matter under the surface the Engineer expects to find. As an example a 150mm borehole drilled to a depth of 60 metres will take around 24 hours and about the same again to install the pumping infrastructure and construct the borehole headworks.
9How can I find out if my home can have a borehole?
Most properties can benefit from groundwater but as this is Mother Nature there is no guarantee. However carrying out a borehole prognosis survey can provide a very reliable indication of location and depth and whether or not water will be encountered.
10How long will the borehole last?
A well-constructed borehole can last many generations. We regularly encounter boreholes from the 1950’s, 60′s and 70′s that are still in fully working order and were drilled by us or people known to us. Modern technology has also meant that newly constructed boreholes can last even longer due to advancements in borehole lining material and drilling techniques to prevent the borehole from collapsing.
11What is the maximum amount of a borehole?
We have a E250k, 48 months repayment period for individuals but up to E10m for commercial businesses.
12What are the requirements for borehole application?
- Proof of residence
- Employment letter
- 6 months Bank statement ITC
- Borehole quotation
- Borehole survey report
13What is the loan deduction model for a borehole?
We do DAS for companies with and debit order.
14How do solar panels work?
As sunlight cascades on the solar panels, a chemical reaction takes place and Direct Current (DC) power is produced. The DC power flows to an inverter where the DC power is transformed into Alternating Current (AC) power. This AC power is what the electric grid and your home runs on. The power or energy then flows to power your home or directly to the electric grid. You can also divert the energy from solar panels to a battery to store excess energy. Batteries also operate as DC power.
15How much do solar panels cost?
The price of solar power has dropped drastically over the past decade. Cost really depends on a lot of factors such as brand, size, type, and other things.
16What are the advantages of solar panels?
Solar Power offers a magnitude of advantages. The fuel source (the sun) is free, so you don't have to buy a fuel source to generate power. Because there isn't fuel needed, solar panels do not put off any harmful emissions, which is great for combatting climate change or reducing pollution. Solar power can help you get power for an off-grid setup, so you don't have to rely on the electric grid. Additionally, Solar Energy is relatively efficient, durable, and long lasting.
17Do solar panels work on cloudy days?
Yes, solar panels work on cloudy days or when the sun isn't shining as bright. Power output can be slightly reduced, but the solar panels should still be able to meet your power needs.
18Do solar panels work in the rain?
Yes, as above, solar panels can work in the rain, though power output might be slightly altered. Rain is actually great for cleaning dust from your panels, which also can cause a lower power output.
19Do solar panels work in the winter?
Solar output is also slightly reduced in the winter months, but you are still able to get most of the power you normally would. The good news is people tend to use less power in winter months vs. the summer, so this plays a factor as well.
20How many solar panels are needed to power a house?
This depends entirely on the amount of energy your home uses. For a better idea, our technicians will come and do a survey for each customer who needs a loan.
21Do solar panels work in the shade?
Solar panels need direct sunlight to generate electricity, so shading will have a major impact on the power output.
22Why is solar energy good?
Solar is a great energy source because it doesn't burn fuel and is becoming extremely affordable.
23Are solar panels bad for the environment?
No. However, any panels that stop working should be recycled properly. To learn more, be sure to check out this article about eco-friendly improvements for your home that actually make a difference from our friends at Bankrate.
24Do solar panels work in a power outage?
Yes, especially if your solar system is off the grid. You will continue to have power while the rest of us suffer in the dark.
25Why is solar energy good for the environment?
Solar Energy is a great solution for combating climate change. There really are a lot more advantages to solar power, so be sure to check out our solar energy blog for more details.
26Do solar panels need a lot of maintenance?
No, solar panels do not require relatively any maintenance. You will, however, want to clean them occasionally, as collected dust can slightly lower power output.
27Do solar panels ever wear out?
Yes, but thankfully solar panels last for 20-30+ years!
28Can you run your whole house on solar power?
Absolutely, but first you will need to factor in budget and how much energy you use. You will also need to add battery storage to account for the power you would use when the sun is not shining.
29Is solar energy cheaper than normal electricity?
In many cases solar power is cheaper. To get a good idea on how solar power compares to other sources in your area, check with your local power provider or electric co-op.