MyMulah

MyMulah’s team consists of a group of young people carrying financial services backgrounds. They understand the current generation better as they’re a part of it.

With a vision to change the quick loan industry, they set about to create a company that would become a leader in the industry and have succeeded with the introduction of MyMulah. At MyMulah you know what to expect because of their code of practice or list of standard procedures.

MyMulah’s values in a nutshell

• Responsible lending – They’ll give you all the information you need to make a responsible and informed financial decision.
• They’re flexible – They go above and beyond to get your loan approved. They also give you the choice of how much to borrow. You can also change your loan, top it up, or take out a new loan.
• Transparency – MyMulah believes that nothing should be hidden. They make sure that you know exactly what you’re paying for.
• Affordability – Aside from making sure that you can afford the loan, their loan interest will not change for the term of your loan.

A knowledgeable, diverse team

With backgrounds in online entrepreneurship, analytics, and micro-finance, you can expect innovative financial services to be delivered by their incredible team. Their products are designed to help you with your financial situation.

They’ve incorporated up-to-date software and the latest technology to ensure an effortless application process for those in need of financing.

What does MyMulah aim to achieve?

MyMulah’s main goal is to provide short-term financial assistance that’s easy to access, and user-friendly. In short, their aim is to make the entire process as convenient as possible. These loans are designed to assist people with cash flow during unforeseen events.

MyMulah strictly sticks to the rules

With every loan that MyMulah approves, you can rest assured that they follow legislation as put out by the National Credit Regulator of South Africa. They believe in complying with the rules that have been set out by NCR.

MyMulah is one of South Africa’s leading quick loan providers specialising in short-term financing. With the entire loan process completed online with the help of their advanced software, you’ll have a decision on your loan in no time.

Unlike many traditional loans that require you to state what you’ll be utilising the money for, MyMulah leaves that up to you. You’re free to do with your loan what you see fit, even if you’re planning on taking the kids to the fun park.

Cutting out the middleman

MyMulah offers a new way of providing quick loans that makes the entire process quick and easy with no middlemen. They’ve also managed to cut down on the amount of paperwork involved in the process. By using an online scale, they’re able to almost instantly determine your borrowing power making the loan process quick.

The loan calculator

They’ve made a useful loan calculator available on their website so you’re able to calculate the following:

• Loan amount
• Repayment period
• Interest rate and fees

The MyMulah quick loan

If you’re new to MyMulah, you can qualify for a quick loan of up to R4 000. Existing clients can enjoy a quick loan of up to R5 000. Depending on the loan agreement terms, the MyMulah loans are repayable in 31 to 90-day periods. All quick loans are payable in a single repayment via debit order on the date specified in your terms.

Can I repay my quick loan early?

If you’re able to repay your loan before the agreed-upon time, there’ll be no extra fees or penalties charged by MyMulah. You simply email your proof of payment to the accounting department. MyMulah has made a range of options available for reaching out to them. You can use any of the following channels to get in contact with them:

• The contact us tab on the website
• Email
• Call centre