Rating based on 51 reviews

Direct Choice

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

In-page navigation

Direct Choice homepage
Author Direct Choice. Screenshot of Direct Choice website.
[Accessed May 13, 2018]

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 we have a number of different options available to you.  

Our service is free

Our service is completely free and you are under no obligation to enter into any agreement when using it. Use our easy comparison service to compare a range of products and service providers finding the deal to suit your individual needs.

No matter what needs you have, or what circumstances you are in, our large variety of personal finance products will surely have a solution for you.

How to apply

Applying is as simple, easy, and convenient. Simply fill out the online application form. Our service will then compile a list of different options available to you from our wide range of service providers.

We believe you deserve a choice when it comes to your finances and we aim to provide you with that choice with our easy and quick loans. Direct Choice is a division of DirectAxis SA (Pty) Ltd, Reg No 1995/006077/07 and we are an authorized Financial Service Provider and a subsidiary of FirstRand Bank Limited.

Insurance and financing under one roof

Our 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 very careful in deciding which loan you would like to apply for as well as repayment terms that suit your pocket.

It’s your money

Once the loan has been granted, you will be able to use the money for any purpose that you desire, it’s your money and you can use it however you please. If you have an existing debt or accounts to pay, it is advisable that you settle these debts first, but the money is yours to do with as you please.

Fixed interest rates

We suggest using 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 are entering into and all the terms and conditions associated with the loan before you accept the offer.

Debt consolidation

If you have a lot of accounts or debt, it is advisable to consolidate your debt. A personal loan can be used to do this; you will be able to choose a longer repayment period with fixed installments this will, in turn, improve your cash flow situation.

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

  • ASSET Financing 
  • PERSONAL Loans 
  • CAR Loans
  • BUSINESS Loans
  • HOME Loans
  • QUICK Loans

Personal loan calculator

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

Direct Choice - Unsecured personal loans

When you use our service you can be sure you are dealing with an authorized financial service provider that supports responsible lending practices and will only lend you money if it is in your best interest for us to do so.

We will give you the choice so that you may get the best offer available to you. Our personal loans are also unsecured, so we will never ask you to back up your loan with collateral.

These are some of the benefits of our services:

  • 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 (with your salary clearly highlighted)

Personal protection plan

All our loans include a personal protection plan, this plan 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 would 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

Our convenient service aims to give you, the customer, the choice between reputable financial lenders and takes the guesswork out of choosing a service provider for your loan for bad credit or other forms of credit. All our providers are registered and comply with all the terms and conditions set out by the NCA.

Contact us 

If you have any questions you can call our call centre on 0861020304 between 8 am and 8 pm, Monday – Sunday.

You can also follow us on social media by searching us on Facebook, Twitter, or Instagram.  

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