Udu Loans are cash loans that start from as little as R4 000 to as much as R150 000 with favourable terms and interest rates. Udu partners with RedDirect Financial Group and Direct Axis to provide these loans. What makes these loans unique is the fact that you are able from the onset to know how much money you will have to pay by simply using the loan sliders on their homepage which you can use to input how much money you want to borrow and for how long, and they will automatically calculate how much monthly instalments you be required to pay back.
Why choose Udu Loans?
Udu Loans are convenient credit solutions offered by Udu which works in partnership with Direct Axis to provide loans of up to R150 000 in cash and as much as 60 months in repayment terms. They make applying for loans more convenient by eliminating the need to visit a physical branch, all one has to do is visit their website and use the sliders on their homepage to determine how much money they want to borrow and complete the rest of the application process. The process is quick and can be done in under 5 minutes, with no hidden costs as you will be able to know from the onset how much money you will be required to pay back.
Udu Loans come with favourable interest rates that make your loan repayments affordable. Credit checks and affordability assessments will be carried out to ensure that you get the best loan terms possible. There is no restriction on use for these loans, so you can use them for whatever you want, whether you choose to use them to pay for school fees or medical expenses, renovate your home or purchase a new car, the choice is entirely up to you.
Udu Loans Application Requirements
The application process just requires your South African ID and your latest 3 months bank statements to prove your monthly income. The application process takes no more than 5 minutes, and doesn’t come with hassles such as queues, interviews or phone calls. When you lodge in your application you will get instant feedback on whether or not you qualify for their loans, and once approved the money is paid out to you the same day.
Udu Loans are funded by RedDirect and administered by Direct Axis which is one of South Africa’s leading financial services provider. Repayments are done through a debit order which will deduct the monthly repayments directly from your bank account where you receive your salary payments.
Udu Loans Contact Details
For additional information on how you can benefit from these loans simply visit their website www.udu.co.za and read up additional information from there. Direct Axis consultants can be contact on 0861 02 03 04 and can assist you with any questions you may need to know about Udu Loans.