Rating based on 41 reviews

Boodle Loans

Updated
  • Payday loans up to R4,000
  • Low-interest up to 60%
  • Repayment up to 32 days
Boodle Loans homepage
Author Boodle Loans. Screenshot of Boodle Loans website.
[Accessed December 9, 2022]

About Boodle Loans

Boodle is a fiercely competitive FSP focused on delivering the most affordable payday loans in the blink of an eye.

Their low fees and flexibility are hard to beat. A diverse team of experts are the driving force behind the companies success.

A quality loan service

Boodle offers a range of loan products developed by loan experts and analysts to suit your needs and requirements. Their tech and customer care specialists ensure that you get customer service of the highest quality.

They're a microfinance lender registered to operate in South Africa and adhere fully to the National Credit Act. Their easy online loans are structured to provide excellent service and clear guidelines.

Boodle Loans Services

A payday loan is an easy access short term loan, usually amounting to less than R8,000.

Payday loans must be repaid in full by the following payday in your pay cycle, hence the name.

How payday loans work

Boodle's payday loans are a short-term agreement that ends when you receive your salary and pay back your loan in full. The structure of these loans means they're the perfect short-term cash solution but won't be helpful for long term cash flow issues.

Quick loans help you resolve cash emergencies that may crop up in the middle of a month to throw your entire budget out the window. You can use a payday loan to pay for unplanned car repairs, an ER visit, or a new fridge.

Boodle Loans – Payday loan

  • Loan Type Payday loans
  • Interest Rate 60%
  • Loan Amount up to R4,000
  • Repayment 48 hours to 32 days
  • Decision 10 minutes

Benefits of Boodle Loans

  • Credit checks
  • Loan applications are fast
  • Loans paid out in 10 minutes

Payday loan calculator

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The interest rate of a loan will vary based on your credit score and risk profile.
This payday loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Boodle is the leading provider of payday loans in South Africa

Use Boodle's loan calculator to see what your payday loan is going to cost you.

Any South African over 18 can qualify for a super-fast loan. You'll need to have a stable income and provide details of the bank account that your salary is paid into. 

A leader in short-term finance

If you find yourself struggling to cope with a financial emergency in the middle of the month, a payday loan is a perfect solution. Apply for a loan online to fill the hole in your budget. Boodle will help you evaluate the affordability of their credit products and choose the one that best suits your needs.

They're among the best payday loan in South Africa. The company operates entirely online and is accessible to anyone in need of financial assistance. Boodle adheres fully to the regulations of the National Credit Act; you can expect a service based on professionalism and transparency.

Get quick cash when you need it most

To apply online, you'll need to create your Boodle account. The good news is that it only takes a few minutes and gives you easier access to future loans. Once you've signed up, you can submit your loan application, and they'll have an answer for you in minutes.

Borrow a maximum of R6,000

The first time you borrow from Boodle, they'll offer you a maximum of R3,000. After that, you'll have more loan options.  Since these loans come due all at once, it's best only to borrow what you need to avoid becoming dependant on payday loans.

You choose your loan term

As with all short-term loans, the sooner you pay it off, the less the loan repayments will cost you.  You have the option of between 2 and 32 days to pay off the loan.

How to extend your loan term

It's possible to extend the term of a loan, but this may result in extra costs. The APR is 60% and includes all fees associated with your loan. The cost of the loan is calculated automatically for you on the website. You'll see an accurate representation of the fees before you apply.

Boodle payday loans are among the fastest, easiest, and most flexible options online.

man holding thumbs up

Boodle Loans is a trusted & reliable provider of payday loans

In our review, Boodle Loans adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Boodle Loans is a registered credit provider in South Africa: NCRCP5361

Customer Reviews & Testimonials

February 2019

Applying for a Boodle loan was one of the best things I did for my finances.

Bheki C
— Midrand —

April 2019

Thanks to Boodle for giving me another chance regardless of my bad credit history

Leon V
— Vereeniging —

April 2019

The affordable interest rates at Boodle are the reason why I was able to pay my other financial obligations.

Mbali M
— Mafikeng —

Boodle Loans Contact

Physical Address

  • Block 2, 53B Wierda Road West Sandton Gauteng 2196 South Africa
  • Get Directions

Postal Address

  • Suite 86, Private Bag x1, Melrose Arch, 2076, South Africa

Opening Hours

  • 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