Responsible Lending

Our commitment to ethical lending practices and consumer protection

Our Commitment to You

At Dial-a-Bag Financial Solutions, we believe in responsible lending practices that prioritize your financial wellbeing. We are committed to:

  • Providing clear, transparent information about our loan products and fees

  • Conducting thorough affordability assessments to ensure loans are suitable for your financial situation

  • Treating customers fairly and with respect throughout the loan process

  • Providing support and flexibility for customers experiencing financial difficulties

Our Responsible Lending Principles

These principles guide our lending decisions and ensure we provide financial solutions that are in your best interest

Affordability Assessment

We carefully assess your income, expenses, and existing financial commitments to ensure that any loan we provide is affordable for your specific circumstances.

  • Income verification
  • Expense analysis
  • Debt-to-income ratio assessment

Transparency

We provide clear, easy-to-understand information about our loan products, including all fees, charges, and terms, so you can make informed financial decisions.

  • Clear fee structure
  • No hidden charges
  • Plain language loan agreements

Customer Support

We provide ongoing support throughout your loan term and offer flexible solutions if you experience financial difficulties or changes in your circumstances.

  • Dedicated support team
  • Hardship assistance
  • Flexible repayment options

Warning Signs of Financial Stress

Recognizing these warning signs can help you take action before financial problems become overwhelming

When to Seek Help

If you're experiencing any of these warning signs, we encourage you to contact us or seek financial counseling:

  • 1

    Using loans to pay for essential living expenses like food and utilities

  • 2

    Taking out new loans to repay existing debts

  • 3

    Regularly missing bill payments or only making minimum payments

  • 4

    Feeling stressed or anxious about your finances

  • 5

    Spending more than 30% of your income on debt repayments

Financial Counseling Resources

These free resources can provide guidance and support if you're experiencing financial difficulties

Namibia Financial Literacy Initiative

Provides free financial education and counseling services to Namibian citizens.

Phone:+264 61 209 2295

Namibia Debt Counseling Association

Offers debt counseling and management services to help individuals manage their debt effectively.

Phone:+264 61 305 072

Financial Literacy Blog

Our blog provides articles and resources on budgeting, saving, and managing debt.

Visit Our Blog

Dial-a-Bag Support Team

Our dedicated support team is available to discuss your financial situation and provide guidance.

Contact Support

We're Here to Help

If you have questions about our responsible lending practices or need financial assistance, our team is here to help.