Unsecured Consolidation Loans

Direct axis provide unsecured consolidation loans between R 4,000 and R 150,000,  repayable over 2 - 6 years.  The interest rate on their loans are fixed to prevent the instalment to differ on monthly basis.

Applicants can use their online personal loan application which provides an almost instant answer.Funds can be used to consolidate all your smaller,  more expensive debt. To be successful you would need to have a clear credit record and a steady monthly income of more than R 3,000 per month. 

Entrepreneurs that are self-employed may also apply.

You would need to provide your ID,  proof of income and banking details where the approved loan amount will be paid into. Direct axis are a registered credit provider.