Woolworths Revolving Credit is a unique type of personal loan, one which allows the principal amount to be increased even during the loan. For example, if the actual loan amount is R7,000, but the debtor has paid 50% of it back to the institution, this 50% or R3,500 can be borrowed back should the debtor require it.

The minimum loan amount for this type of loan is R1,000 but can be increased in multiples of R500 while the repayment period can range from a year to three years. There is no initiation fee of the loan and the only charge for it is the interest rate that is set through the loan contract.