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DirectAxis offers financial services geared to the unique needs of South Africans. It is a leading non-bank provider of personal finance and a shareholder of FirstRand Bank Limited. It has one of the most advanced call centres in the country and is committed to responsible lending.
The company provides a variety of products including personal loans, funeral cover and financial health monitoring with its Pulse functionality. All loan applications are subject to credit checks.
Affordability
Direct axis personal loans are financial services tailored for the individual needs of each person. They take into account each person’s individual circumstances and debt repayment history to ensure that the loan is affordable for them. They also offer credit advice and assist their clients with achieving a healthier credit record. Having a healthy credit record will make you more likely to be offered additional credit in the future.
There are many reasons you might need a personal loan. You may need to carry out home renovations, purchase a new car, finance a business, or pay off other debts. Personal loans are unsecured and come with flexible terms of up to 60 months. They are usually easier to obtain than other forms of debt.
When applying for a personal loan, you will need to provide proof of income and identity. This includes a copy of your South African ID and the last three months bank statements or payslips. It is important to have a valid source of income as this will help the lender determine whether you can afford to repay your loan.
Generally, you will need to be employed for at least 12 months to qualify for a personal loan. However, if you are self-employed, you will need to provide more documents to prove your income.
Repayment terms
If you’re looking for a quick loan to meet your short-term financial needs, DirectAxis can help. Their unsecured personal loans can be paid into your bank account within 48 hours and can be used for anything from home renovations to paying for school fees. They offer competitive rates and are available online. They also offer an interest rate calculator to help you determine how much your monthly repayment will be.
DirectAxis has been in the market for over a decade, and they have many years of experience offering personalised financial solutions to https://best-loans.co.za/loan-pretoria/ individuals. Their products include lending, debt consolidation and insurance. They are fully compliant with the National Credit Act and have a dedicated credit division. They also have an extensive network of call centres that operate from Monday to Friday.
To qualify for a Direct Axis loan, you need to have a regular source of income and a credit record that is free from defaults. You also need to provide a valid South African ID, as well as proof of residence and employment. Lastly, you need to provide your last three months’ financial institution statements or payslips. This information can be uploaded via the company’s online application portal. To ensure your security, the Direct Axis website uses a secure encryption technology. It also offers a mobile app that allows you to submit documents from the go.
Interest rates
Direct Axis is a specialist financial services company that provides customers with a direct connection to loans and insurance. Its products include personal lending, short-term and life insurance. The company also offers a credit score service. The score is available to all customers who sign up for a Direct Axis loan.
The company’s unsecured loans are designed to help you finance anything from home renovations to financing your next car purchase. You can borrow up to R150 000 with a repayment period of up to 6 years. The loans are processed quickly, and once approved, the funds could be in your bank account within 48 hours.
Using a credit score calculator is a good way to find out how much you can afford to repay each month. It will also help you decide whether or not a debt consolidation loan is the right option for you. You can calculate your EMIs online by entering the details of your existing loans and your monthly income.
A debt consolidation loan from Direct Axis will allow you to pay off all your outstanding credit, resulting in lower monthly payments and improved cash flow. It will also benefit your credit health by reducing the number of active accounts on your record. It will also eliminate the hassle of managing multiple creditors and debts.
Insurance
Direct Axis personal loans offer financial solutions that are geared towards the needs of every individual. They use the information provided by the Loan Reporting Agency as well as their own risk profile to determine if you can afford your loan. They also promote responsible lending and are compliant with the National Credit Act.
To qualify for a direct axis personal loan, you need to have a good credit record and a source of income that can support your loan payments. The company will also need a clear copy of your South African ID, proof of residence, and payslips or bank statements for the last three months. You can apply for a loan online or by calling their helpline. They are available to assist you seven days a week.
All Calldirect personal loans include a Personal Protection Plan that settles your outstanding loan balance in the event of your death or permanent disability. The plan also offers limited cover in the event of temporary disability and retrenchment. You may also choose to replace this policy with another one, provided it offers equivalent cover. As a registered financial services provider, Calldirect administers all personal loans and credit life policies on behalf of FirstRand Bank Limited, an authorised financial services and credit provider. You can find more details about the product offering and application process on their website.