Boodle

Boodle offers personal loans that are precise, professional & flexible

You will not have time to compare lenders when you are in a cash emergency. For this reason, it makes sense for you to pick a lender in advance based on the speed of the service and on the affordability of the credit product.

Registered with the National Credit Regulator

Boodle adheres fully to the rules for responsible lending of the National Credit Act. It is one of the most popular and fastest developing online loans in South Africa. You can expect high-quality service based on precision, professionalism and flexibility.

How quick are Boodle's personal loans?

The online application should not take you more than 5 or (a maximum of) 10 minutes to complete. From then on the lender will run a credit check on you and request to see proof of address, income and bank account.

Send your application via fax or email

The loan approval process takes no longer than a few hours. If you are an existing customer, you will be approved automatically. Once you sign the loan agreement, the money granted to you is transferred to your account instantly.

In most cases, you can have the cash in your account on the same day.

Borrow between R500 and R2 500

You can get sufficient short term loans for paying urgent expenses, but not for covering bigger costs. You can select a repayment term from 2 to 32 days. Since interest is charged daily, a longer term will make the loan more expensive. The interest rates and fees are similar to what competitors charge. The APR is 60%.

When it comes to the loan repayment, the lender shows some flexibility. You may be allowed to delay the repayment by two or three days if you arrange it in advance. As a regular and reliable customer, you can join the lender’s loyalty program and borrow up to R8 000 instantly.