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Virgin Money

Today we are going to be looking at Virgin Money in closer detail and examining all the various services they offer clients in South Africa. Virgin money is part of the Virgin Group which is owned by Sir Richard Branson and the services they mainly offer in South Africa are Credit cards as well as insurance.

When you decide to sign up for a Credit card with Virgin Money, you can choose between 3 different types of colours. The biggest benefits come in when you start looking into the detail related to the card itself and what fees are involved.

As per their website, they state that there are no annual fees, no monthly fees and no card wiping fees.

Just looking at those featured already tells me that you are in for a great deal and that they are really trying to move away from the general fees structure used by many financial institutions.

Other amazing features includes that they offer free face to face delivery as well as fifty five days interest free. These are really amazing features they offer and you can read more about this on their website.

Another feature they offer is credit card insurance and you can basically insure your card in case it gets lost and all these additional featured is what make Virgin money unique in their service offering in South Africa.

We will continue to follow them closely and keep our loyal subscribers updated on their progress and news related to new products or services that might be launching in South Africa.

Udu Loans

Today we are going to be looking at Udu loans in closer details. Udu loans offers users smart online loans and give users the chance to apply for a loan online of up to R150 000.

The maximum term you can select to pay back the loan is 60 months or 5 years and once selected on the sliders, you can see exactly what your monthly repayment will be. Udu has made it very easy for anyone to apply for a loan and they only need 3 months’ bank statements to complete the application.

Now here you can choose between 3 options for them to receive the statements. You can email them directly, you can upload them or the bank statements can be fetched directly from your bank account. This is a new feature and we urge you to read more about this option on their website.

Udu is part of Direct Axis SA and you can rest assured that a big stable company is behind this website and you can feel assured that you are in good hands. Their website is very user friendly and you can contact them with questions during the process and ask for assistance to complete your loan application.

For anyone looking for a personal loan of R150 000, be sure to look at them in closer detail and simply apply online by visiting their website. Udu is an associate business of the Direct Axis Group.

Udu is surely one of the top companies currently in South Africa offering personal loans and we are excited to see what they will be offering in the months and years to come. As they stated on their website, this platform was made to be very-user friendly and you can apply online in 5 minutes.

What do you need to apply for a loan with Udu?

As Udu states on their website, you only need to provide them with 3 months bank statements. You can either email the statements through, upload them or fetch directly from the bank. You would also need to provide them with your valid ID document as well as proof of address that could be a utility bill, to be in -line with FICA.

So what is a Short Term Loan?

People generally who work receive their salaries at the end or close to the end of every month and sometimes people need additional funds immediately for whatever reason that may be.

This is where a short term loan comes in, because by getting a short term loan you can borrow money now and then you have to repay it generally within 30 days, once you receive your salary, the following month. When you repay the loan, you generally have to repay it with interest and the longer the loan is required for, the more you would pay.

Short term loans have helped many people out of a desperate situation where they needed additional funds and for the best short serm loan, be sure to look at Wonga to assist you with a loan. They provide great service and you can determine when you will repay the loan before you apply online.

There are many payday loan companies out there, but be careful with who you sign up and rather go with a trusted and well known company, like Wonga. Before you apply for a payday loan, be certain that you will be able to repay the loan the following month, because failing to do so, could lead to you being in debt.

We have had quite a few enquiries related to what is the best short term loan company currently in South Africa, so we decided to write this article.

Currently the best loan company in our opinion is Wonga. They offer short term loans up to 31 days and you can sue their sliders to determine how much and for how long you want to borrow the money. Short term loans have become very popular, since people look the idea to get their hands on some funds and then repay it when they are able to.

One thing I must note is that no one should apply for a short term loan if they are not able to repay the loan within the given time period. Make sure that you budget for the expense and have the cash available to repay. The last thing you want is to get a short term loan and then just end up being in debt.

Personal Loans in South Africa

When looking at the stats for people looking at personal loans, you’ll soon realise hat South Africa is within the top list of countries, where this is searched for. South Africa has seen a huge increase in personal loans popularity and with that allot of loan companies have opened up shop in South Africa.

Today we are going to be looking at two in particular and give you our rating for their personal loans service. The first is Loan Finder SA and they have really come to the forefront in the last couple of months and they offer loans up of to R150 000. They will source the best loan option for you, with your details provided and so many people have found loans and repaid them with a smile through Loan Finder SA.

They do charge a fee for this service, so be sure to look at that before applying. In our books, they get top stars for offering a great product and larger loans for people who won’t necessarily get a loan from bank. Be sure to look at them if you require a large personal loan.

The second is Wonga and they on the other hand offer smaller loans of up to R3000 and you repay them within 30 days. We have got loads of reviews on them, so be sure to find read through them and apply online if you require a personal loan. In our book, they get top stars as well for offering a unique product, that so many other sites are trying as well.