Loans Direct – loan application

4.0 / 5  (409 reviews)
Maximum amount R200,000
Interest from 27.75%
Term 1 – 7 years
Your money in 15 minutes
⚠️

Notice: This service is no longer available

Loans Direct no longer appears to be operating in South Africa. The website does not respond and we recommend comparing alternative NCR-registered lenders below.

We recommend choosing one of the active lenders: Compare loans →

Screenshot of https://www.loansdirect.co.za, operated by: DirectChoice, used under legitimate licence.

Loans Direct screenshot

Contact

Company DirectChoice
Address 108 De Waal Rd, Southfield, Cape Town, 7880

Loans Direct – repayment table

Estimated monthly repayments at 27.75% monthly interest. Actual terms confirmed upon approval.

Amount \ Term 1 months 3 months 6 months
R100,000 R127,750 R61,083 R44,417
R200,000 R255,500 R122,167 R88,833

Representative example

Loan amount R102,500
Repayment term 7 months
Monthly interest 27.75%
Monthly repayment R43,087
Total interest costs R199,106
Total amount payable R301,606

* Example is for illustration only. Actual terms are confirmed upon loan approval.

Quick overview

Loan amount R5K – R200K
Term 1 – 7 years
Interest from 27.75%
Approval 15 minutes
Age 15 minutes
Online application Yes

Requirements

  • ✓ Have and Identity Document of the Republic of South Africa
  • ✓ Be over 18 years old

Loan features

  • Online loans up to R200.000
  • Term 1 - 7 years
  • Quick application