Rating based on 51 reviews

Direct Choice

  • Personal loans up to R150,000
  • Low-interest starting from 30.66%
  • Repayment up to 72 months

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Direct Choice homepage
Author Direct Choice. Screenshot of Direct Choice website.
[Accessed January 30, 2023]

Direct Choice - Our loans are reliable

We offer a number of options from a variety of financial providers. We want to make the process of applying for a loan as simple and effective as possible.

Whether you need to source an instant loan to cover short-term insurance, life cover, or long-term insurance Direct Choice has a number of different options available.  

Direct Choice's service is free

Their service is completely free and you're under no obligation to enter into any agreement when using it. Use their easy service to compare a range of products and service providers to find the deal to suit your individual needs.

No matter what needs you have, or what your circumstances are, their large variety of personal finance products will surely offer you a solution.

How to apply with Direct Choice

Applying is simple, easy, and convenient. Simply fill out the online application form. They'll compile a list of different options available to you from their wide range of service providers.

Direct Choice believes you deserve a choice when it comes to your finances and aims to provide you with that choice with their easy and quick loans.

Direct Choice is a division of DirectAxis SA (Pty) Ltd, Reg No 1995/006077/07 and is an authorised Financial Service Provider and a subsidiary of FirstRand Bank Limited.

Insurance and financing under one roof

Direct Choice's services cover a variety of different categories including comparisons on car insurance, loans, life insurance, health insurance, and car financing.

The loan should suit your needs

There are a lot of different types of personal loans available to you and you should be careful in deciding which loan you'd like to apply for as well as repayment terms that suit your pocket.

It’s your money

Once the loan has been granted, you'll be able to use the money for any purpose that you desire. If you have an existing debt or accounts to pay it's always best to settle these debts first.

Fixed interest rates

Use a service that provides a fixed interest rate; this will help you when complaining about your budget and eliminate nasty surprises when it comes to repayment of your long or short-term loan.

You need to ensure that you fully understand the agreement you're entering into and all the terms and conditions associated with the loan before you accept the offer.

Debt consolidation with Direct Choice

If you have a lot of accounts or debt you may want to consider consolidating your debt. A personal loan can be used to do this. You'll be able to choose a longer repayment period with fixed installments and this will, in turn, improve your cash flow.

Direct Choice – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 30.66%
  • Loan Amount up to R150,000
  • Repayment 7 months to 72 months

Benefits of Direct Choice

  • Quick online loan application
  • Fixed repayment terms
  • Affordable interest rates

Personal loan calculator

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

Direct Choice - Unsecured personal loans

When you use Direct Choice you can be sure you're dealing with an authorised financial service provider that supports responsible lending practices and will only lend you money if it is in your best interest.

They'll give you the choice so that you get the best offer available to you. Their personal loans are also unsecured, so they'll never ask you to back up your loan with collateral.

Benefits of Direct Choice's loans

  • Easy online loan application process
  • Repayment terms are fixed
  • Repayment options range from 24 months up to 6 years
  • You can expect the money in your account within 48 hours.

What I need to apply

  • A good credit record
  • To be employed and earn at least R 5 000 a month for a minimum of 3 months
  • The details of your South African bank account
  • A clear copy of your South African ID
  • Proof of residence (no older than 3 months)
  • Your last 3 months' pay slips or bank statement 

Personal protection plan

All loans include a personal protection plan that will cover all outstanding amounts owing on your loan in the event of your death or in the event you become permanently disabled.

This plan also has limited cover available in the event of temporary disability or retrenchment. The level of cover will be subject to your risk profile.

Understand your credit record

Your credit record determines if a financial institution will lend you money. A good credit record will make it easier for you to obtain credit when you'd like to open a bank account or purchase a house or a car.

When you pay your account correctly and don’t default on payments your credit score is increased and you start to build a solid credit record.

The better your credit record, the more likely you will be granted credit in the future. Having a bad credit record may result in being blacklisted.

Quick and convenient

Direct Choice's convenient service aims to give you, the customer, a choice between a host of reputable financial lenders.

This takes the guesswork out of choosing a service provider for your loan for bad credit or other forms of credit. All providers are registered and comply with all the terms and conditions set out by the NCA.

Customer Reviews & Testimonials

November 2018

A day was all it took for me to know that my loan application was approved.

Rajesh N
— Durban —

April 2019

I am happy with the interest rates I am paying at Direct Choice; I would recommend their services to anyone.

Thulani R
— Northern Cape —

Direct Choice Contact

Physical Address

  • 108 De Waal Road, Diep River Cape Town Western Cape 7800 South Africa
  • Get Directions

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