Direct axis loans – With many years of history behind, Direct Axis has gained a very favorable reputation amongst its clients in South Africa through good service and efficient customer service that remedies all complaints within the shortest time frame possible.
Clearly, this effort has paid them well since they have emerged as clear winners amongst providers of personal loans in South Africa. Their service also complies with the latest National Credit Act which ensures the lender is a responsible vendor.
Direct axis loans
Direct Axis is currently offering two loan packages to its clients. The first is known as the DirectAxis Personal Loan, and the principal can range between R4,000 and R100,000 while the tenure ranges from 24 to 72 months. The DirectAxis loan is unsecured in nature which means the debtor does not have to submit collateral to the bank and funds are quickly processed and likely to be available within 48 hours.
The Direct Plus Loan offers R50,000 extra on the upper limit of the previous loan as the principal available on that has an upper limit of R150,000. This on the other hand is a secured loan, commonly against land or property that is in your possession and it can be repaid from anywhere between 4 and 10 years.
Both loans can be used for any purpose and this decision is at the debtor’s discretion and both loans have a fixed interest rate which means no readjustment of rates when they go up. Also, the application process is very simple as the loan can be applied for either through online or via telephone during business hours.