They offer users smart online loans and give users the chance to apply for a loan online of up to R150 000. Udu offers loans from R4 000 – 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 what your monthly repayment will be.
Udu loans also clearly explains on the home page how the loan application process works and they basically need you to complete the online application form and then be able to provide them with 3 month’s bank statements. You can upload these bank statements or email then through to Udu.
To apply online, you simply need to enter the amount you want to borrow and then click on apply online and complete the application form.
Be sure to get your statements ready as well, to speed up the process. If you are looking for a loan up to R150 000, be sure to look at Udu loans and check back soon, for more updates and reviews on the various loan companies in South Africa.
This relatively new business of Direct Axis has grown tremendously over the last couple of months and with more and more coverage going their way, they will grow into one of the top loan companies in South Africa.
We will continue to follow them closely and keep you in the loop regarding all the developments at Udu Loans.