Rating based on 951 reviews
Boodle is a registered credit provider with South Africa’s National Credit Regulator: NCRCP5361
About – Boodle
Our low fees and terms and conditions are very hard to beat. We owe our success to our diverse team of experts.
A quality loan service
We have experts in microfinance who develop the best products and experienced analysts who match these products to our customers’ needs and requirements. Our tech and customer care specialists ensure that you get customer service of the highest quality.
We are a microfinance lender registered to operate in South Africa and we adhere fully to the National Credit Act. We base our business practices on integrity and prove this with our transparent online loans and excellent service to our customers.
Services – Boodle
What is a payday loan? A payday loan is a small amount of money that is lent to you for a short period of time.
Payday loans get their name from the fact that the loan must be repaid in full by your next payday in your pay cycle.
This loan is a short term agreement the contract ends when you receive your salary and pay back your loan in full. These types of loans were designed to be short term cash solutions and are not designed for long term cash flow problems.
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Summary of Services
- PAYDAY Loans
- SHORT-TERM Loans
- PERSONAL Loans
- SAME-DAY Loans
- UNSECURED Loans
Boodle is the leading provider of payday loans in South Africa
The loan approval is almost instant since the lender considers only your salary and does not run a credit check.
The loan is granted as long as you have a stable income and provide details of your bank account that your salary is paid into. Any employed South African can qualify as long as you prove you have the ability to repay the loan.
The leader in short-term finance
If you find yourself short of cash in the middle of the month, this can sometimes seem like the end of the world but there is a solution, apply for a loan online to fill the hole in your budget. This Boodle payday loans review will help you evaluate the usefulness and affordability of these credit products and make up your mind about them.
Boodle is one of the leading providers of short-term credit products in South Africa. The company operates entirely online and is easily accessible to all South African citizens. The lender adheres fully to the regulations of the National Credit Act so you can expect a service based on professionalism and transparency.
Boodle gets you quick cash when you need it most
You need to make a loan application online and you will find out whether you are approved within a few hours. Once you become a regular customer, you will not have to go through the approval process. Cash will be granted to you straight away.
Once your loan has been approved the cash will be paid into your bank account. The money will be available in your account within 24 hours.
Borrow between R100 to R2 500 in a flash
The maximum amount that you can borrow is R2 500; this is a short term loan contract that needs to be paid back in full by your next payday. As the full amount needs to be repaid you should borrow only as much money as you actually need.
You can select the term of the Boodle payday loan
This means that you can choose when you are going to repay the loan amount as long as you repay the loan within 32 days. If you would like to repay the loan early you are more than welcome to. This date will be agreed upon beforehand.
Repayment terms can be between 2 and 32 days
It is possible to extend the term of the loan upon request, but this may result in extra costs. The interest rates charged is 0.17% per day. The fees are comparable to the ones set by competitors. The APR is 60%. The cost of the loan is calculated automatically for you on the website of the lender so you will know exactly how much you will have to repay before you even apply.
This review concludes that the Boodle payday loans are among the simplest and easiest to get and among the most flexible option.
Customer Reviews & Testimonials
Applying for a Boodle loan was one of the best things I did for my finances.
— Midrand —
Thanks to Boodle for giving me another chance regardless of my bad credit history
— Vereeniging —
The affordable interest rates at Boodle are the reason why I was able to pay my other financial obligations.
— Mafikeng —
Ph: 0861 266 353
Postal AddressSuite 86, Private Bag x1, Melrose Arch, 2076, South Africa
- Monday 08:30 – 17:30
- Tuesday 08:30 – 17:30
- Wednesday 08:30 – 17:30
- Thursday 08:30 – 17:30
- Friday 09:00 – 17:30
- Saturday 09:30 – 13:00
- Sunday – Closed