Boodle

Boodle Cash Loans - Do they offer what you need?

There are times when you cannot set aside enough money to pay the bills no matter what you do. In such a situation, you need to be able to borrow money quickly and affordably.

Read this Boodle instant cash loans review to find out if these products meet these and other important criteria.

Boodle is a registered credit provider with a growing client base.

In fact, it is one of the most popular online lenders in South Africa. The company has a responsible lending policy and offers full transparency when it comes to disclosing the features and terms and conditions of loans. You can trust it.

The Boodle instant cash loans are easy to apply for.

You simply need to fill out an online form. You can do this at any time of the day or night.

Approval is very quick.

It also involves a credit check. When you get approved and email the signed and scanned loan agreement, the lender will wire the money to your account within 1 minute. This is one of the fastest response times. You can have the money in your account on the same day or on the next day.

With these loans, you can borrow any amount between R100 and R2500. You should find the available cash sufficient for paying emergency expenses. You can select the repayment term as well as the loan amount. The term can range from 2 to 32 days.

Some lenders set a higher maximum term, but since interest is charged daily, the longer term will make the loan more expensive.

Daily interest rate is 0.17%

The APR which includes interest, fees and VAT is 60%. The cost of borrowing from Boodle is perfectly comparable to what other lenders specialising in instant cash loans have to offer.

One thing which makes this lender stand out is the loyalty program which enables loyal customers to find a loan up to R8000.

This review concludes that the Boodle instant cash loans are super fast to get while their repayment is perfectly manageable. They are quite useful in case of a cash emergency.