Loans
Boodle Loans review: up to R8,000
Boodle Loans presents itself as an assistant to achieving your goals. Enjoy a hassle-free process with Boodle Loans. Stick with us and learn more!
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Receive the money you need in 10 minutes!
Check this Boodle Loans review if you need quick cash with an easy application process.
Boodle Loans: all you need to apply
Check how to apply for Boodle Loans! Borrow up to R8,000 and receive it within 10 minutes! Enjoy a hassle-free application process!
You can enjoy the money you need fast through a hassle-free process! So check below their features and rates.
Interest Rate | 0.17% per day, 60% annually; |
Loan Purpose | Payday loans only for any purpose; |
Loan Amounts | You can get a loan of up to R8,000; |
Repayment Term | 2 days up to 6 months; |
Initiation Fee | 15% VAT for amounts below R1,000.00; R165 + 10% of the requested amount + 15% VAT for above R1,000.00. |
Boodle Loans details
Boodle Loans presents itself as an assistant to achieving your goals. They aim to be a helping hand in a rough month by providing fast money!
They have your best interests and financial security in mind. They have a system to check applicants’ credit histories before extending credit.
Thus, from the outset to the final bill, they will ensure you know exactly what is expected of you and how much it will cost.
Also, using their calculator to see how the loan amount you want will work out is easy.
Furthermore, the loan interest and payment schedule can be calculated with the help of this tool.
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Boodle Loans: pros and cons
Indeed, in this Boodle Loans review, we have brought you all of the main details about this lender, as they are one of the best lenders in South Africa.
However, before deciding on a lender, you should check its features and where it may fall short.
Then check below Boodle Loans’ pros and cons:
Pros
- The loans application process is easy and fast;
- Loans are paid out fast, in up to 10 minutes
- The fees are low, and the flexibility is hard to beat.
Cons
- You can get payday loans only and up to R8,000;
- High annual interest rate.
Requirements
As a helping hand in your financial journey, Boodle does not require a perfect credit history.
This means they will consider you even if you had some missteps in the past.
You must have a valid South African ID and be older than 18. Also, your credit will be verified to ensure you can afford the loan you are applying for.
A stable income will also be needed as you must provide your banking details.
Boodle Loans: steps to apply
Applying for Boodle Loans is easy and simple. You must take a few steps to submit your loan application, but OK Save Money is here to help you.
If you want to learn more about how to apply for Boodle Loans, check out our next post!
Boodle Loans: all you need to apply
Check how to apply for Boodle Loans! Borrow up to R8,000 and receive it within 10 minutes! Enjoy a hassle-free application process!
About the author / Giovanna Klein
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