Rating based on 47 reviews


  • Vehicle finance up to R100,000
  • Low-interest starting from 11%
  • Repayment up to 60 months

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Author transACTdirect. Screenshot of transACTdirect website.
[Accessed May 13, 2018]

TransACTdirect - we understand our clients financial needs

TransACTdirect has been operating in the vehicle finance sector for many years.

You need a reliable partner when you plan to buy a car or even a bicycle and we can help you with the products and services you need to get the best deal. We provide you with private car finance and financial transfers to anyone who wants to buy any type of moving vehicle including caravans and bicycles.

Comprehensive service solutions

If you are tired of red tape and being misunderstood by lenders, then TransACTdirect has the solution for you. We can help you achieve financial freedom in the fastest and simplest way.

We consider each applicant based on their independent needs. We provide a fully comprehensive service and our expert team has the experience to handle any transaction. Our vehicle finance products have competitive rates and flexible repayment terms. We are always ready and standing by to help you through the online loan application process as well as answer any of your questions.

We are approved

We are authorized by MFC, a division of mainstream lender Nedbank, in order to finance private vehicles for South African individuals and businesses.

We do not finance vehicles older than 10 years old, those who are blacklisted, and nor do we offer bad credit loans to those whose salary is lower than R5500 a month. If you apply for finance through us, it’s also important to note that we don’t cater for vehicles greater than 3.5tons.

Approved dealerships

We provide private to private car finance and financial transfers of cars, different types of bicycles, and caravans. We work with both the buyer and the seller to offer the best solutions.

A consultant will handle the vehicle loan application at any Nedbank branch, and we at TransACTdirect will process the payment. The process completion time can take from 2 to 8 days. Vehicle exclusions and monthly income requirements apply. You can, however, apply online unless you are self-employed or if you are acting on behalf of your company.

transACTdirect – Vehicle finance

  • Loan Type Vehicle finance
  • Interest Rate from 11%
  • Loan Amount up to R100,000
  • Repayment 36 months to 60 months

Benefits of transACTdirect

  • MOTORCYCLE Finance
  • VEHICLE Loans
  • CAR Financing

Vehicle finance 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.

TransACTdirect - Simple online finance solutions

Applying for a vehicle loan with us is simple and can be done entirely online.

When you plan to buy a vehicle from a private seller you will have limited finance options compared to those who buy directly from a dealership. We have personal loan products and services designed for buyers like you. Visit our website to learn more about vehicle finance and let it help you decide if this is the option for you.

Vehicle finance and related services

TransACTdirect is an independent company operating under MFC, a division of Nedbank. We specialize in private to private vehicle finance and related services. You can obtain financing ranging from R20 000 up to R120 000. You can finance up to 100% of the value of the vehicle and the repayment terms range from 3 to 5 years with interest rates fairly low for buyers with good credit.


There is a set of requirements for a quick loan with TransACTdirect. The vehicle you buy may not exceed the age of 10 years and another major requirement is for you to have a net income exceeding R5500 a month. Your credit record should also be favourable.

To sum it all up, we allow for online loan applications that we approve within 24 hours of submission. Once approved the loan term that we will agree to can range from 36 months to 5 years. Our loan offerings are unsecured to suit your financial requirements.

Eligibility and requirements

You must have in your possession, a valid identity document, proof of address, proof of income, and a photo ID. You’ll need to be employed full time and we will do a credit check to ensure that your record is creditworthy.

Other products and services

We offer investment services, banking, insurance, and lending services to all potential clients out there!

Customer Reviews & Testimonials

March 2019

Having bad credit made it very difficult to apply for a car loan but lucky for me you decided to take a chance and grant me a car loan. Thanks to you taking a chance on me I have been paying my l...

Eben T
— Pretoria —

May 2019

In 8 short days, I was able to find a new car, pay for it and drive it home. The process was so quick and easy I still can’t believe how easy the entire process was. I was able to apply online fr...

Chantal C
— Klerksdorp —

transACTdirect Contact

Physical Address

Opening Hours

  • Monday 08:00 – 17:30
  • Tuesday 08:00 – 17:30
  • Wednesday 08:00 – 17:30
  • Thursday 08:00 – 17:30
  • Friday 09:00 – 17:00
  • Saturday 11:00 – 15:30
  • Sunday – Closed