Rating based on 46 reviews

Loans Direct

  • Personal loans up to R300,000
  • Low-interest starting from 30.66%
  • Repayment up to 72 months

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

Loans Direct - Up to R150,000

Loans direct allows you to borrow up to R150 000 with easy-to-manage repayment terms.

They're to help you get cash fast when you need it most. They're steadily becoming South Africa’s first choice when it comes to personal loans.

Compliant with the National Credit Act, their loans are subject to a credit check. A loan will only be granted if you're able to afford the repayments.

How to apply at Loans Direct

To take all the hassle out of applying for a loan, Loans Direct's application process can be completed online. They've made it very simple for you to upload your documents directly. They'll need the following details:

  • First name
  • Last name
  • South African ID number
  • Mobile number
  • An alternative number that must be a landline number
  • E-mail address
  • Supporting documentation

You'll need to give consent for them to run a credit check and confirm that you aren’t under debt review or debt counseling. The maximum interest rate charged for a loan is 27.5% with easy repayment terms of up to 72 months.

Personal loans up to R300K

If you need a loan and you need it quickly, then you've come to the right place. Borrow as much as  R300 000 and choose between easy repayment terms of up to 7 years.

All Loans Direct's personal loans are unsecured, which means you don’t need to list any of your assets as collateral and won’t risk losing them. 

Fixed interest rates

All loans have fixed repayment terms, which ensures that you can manage your budget and finances better. The rate will not increase during the period of the loan agreement.

We get the quote, you can compare

Loans Direct can bring you the best deals on car insurance by collecting up to six quotes for you to consider.

They'll help you save money on car insurance by letting you compare different quotes so that you get the best deal.  

Simple to apply

Apply by visiting their website and filling out the online loan application form. They'll then apply for quotes on your behalf and send them to you.

You compare the quotes and chose the one that best suits your needs. They'll then call you back and put you in touch with your preferred provider.

The benefits of using Loans Direct

The benefits of using their service are that they provide no excess options, free tracker installation, cashback in your hand, and home assistance if you need a plumber, electrician, or locksmith. They also provide emergency roadside service 24 hours a day.

The benefits of choosing their service include:

  • A choice between 6 different personal loan quotes
  • A professional brokerage service
  • Discounted rates and negotiate the best prices for you
  • They always put you first and operate with honesty and integrity

Loans Direct – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 30.66%
  • Loan Amount up to R300,000
  • Repayment 6 months to 72 months

Benefits of Loans Direct

  • Quick and convenient online applications
  • 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.

Loans Direct- Loans and insurance

Loans Direct offer you the best quotes on personal loans, and life insurance and other financial and insurance products. 

The benefits of choosing Loans Direct

  • Get full coverage when you need to go for intrusive medical examinations
  • They cover HIV
  • Cover is less than R3 a day
  • Accelerate your benefits so that you can get immediate payouts
  • Get a range of memorial benefits
  • Their life cover is convenient and they offer excellent customer service
  • It’s so easy to apply via their website or via telephone

Choose Loans Direct's service when you're looking for the best deal possible on car financing. Simply apply online and they'll get you six quotes to choose from.

They'll always negotiate the lowest price and best terms for you.

The benefits of using Loans Direct

  • Approval in as little as 24 hours
  • Competitive interest rate
  • Your choice of fixed interest rates
  • Skip a month's payment once a year
  • They offer the best advice and friendly, professional customer service

Short-term insurance policies

What exactly is a short-term insurance policy? A short-term insurance policy covers you against loss and damage. How does the lender determine if you're a good candidate for a short-term insurance policy?

Many different factors can influence how much you will be charged for a short-term insurance policy. Short-term insurance policies can be taken out of both your vehicle and your household items.

Factors that may influence your vehicle's short-term insurance policy  

  • How old you are
  • What type of vehicle you are insuring
  • The type of cover you require
  • What you'll be using the vehicle for
  • If additional cover is needed

Factors that may influence your household short-term insurance policy

  • The area you live in especially if it’s considered a high-risk neighborhood
  • If the property is secured
  • The type of cover that you require
  • If you'll pay a voluntary excess

Life insurance 

Death is a fact of life and although no one wants to think about it. If you're the sole provider for your family you'll need to think very carefully about how your death will influence your family.

What will happen to your children if your spouse is unable to pay school fees? What would happen if you have outstanding debt including short-term loans and credit cards?  

Will your spouse have enough money to cover the funeral expenses? If you leave your family with nothing, what will become of them?

These are very difficult questions to ask yourself and most people try not to think about death and push it out of their minds. Accidents happen and you need to think about the future and make sure your family is taken care of.

Customer Reviews & Testimonials

November 2018

One business day was all it took for me to get a response on my loan application.

Lebogang S
— Upington —

April 2019

I would recommend the credit services of LoansDirect to anyone; they are fast, affordable and reliable.

Rajesh C
— Pietermaritzburg —

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