Loans Like Boodle – Compare Loan Rates

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Compare rates for loans like Boodle and their benefits in South Africa. Make the right loan decision and never take the first loan offer but always compare.

It’s always important for loan seekers to compare rates first, for a better loan deal.

So today I want to compare loans like Boodle to make your decision easy.

Two things you’d need to look out for, interest rate and repayment term. This will determine how much the loan is going to cost you in the end.

Without wasting your time, let’s get right to it.

What Do They Have In Common?

Boodle is a popular short-term loan provider that’s trusted by South Africans.

They practice responsible lending, to help their customers make sound financial decisions on credit.

These similar lenders to Boodle offer pretty much the credit services however with different rates.

And most loan rates are calculated and determined by individual credit rating scores.

Loans like Boodle offer the easiest and fastest online application process that’ll take you less than 10 minutes to complete.

The best part?

They offer a 90% approval guarantee on loan applications.

Your personal information will be processed securely and will not be shared with any other companies without your permission.

The Top 5 Loans Like Boodle

We aim to help you make a sound decision that best suits your personal finances.

Please compare loan rates like Boodle below.

1. Wonga

  • Loan amount: R4,000.00
  • Est. APR: 5%
  • Term: 3 months

2. Lime Loans

  • Loan amount: R5,400.00
  • Est. APR: 24.5%
  • Term: 37 Days (1 month)

3. Mpowa Finance Loans

  • Loan amount: R5,000.00
  • Est. APR: 36%
  • Term: 1 month

4. Fasta Loans

  • Loan amount: R8,000.00
  • Est. APR: 10.5%
  • Term: 3 months

5. FinChoice MobiMoney

  • Loan amount: R10,000.00
  • Est. APR: 24.5%
  • Term: 3 months

Payday Loans Requirement

To qualify for a payday loan like Boodle, you would need to meet a minimum of the following criteria:

  • Be at least 18 years old with valid identification;
  • Proof of income; and
  • Active bank account for statements

Each of these loans like Boodle will perform necessary credit checks and affordability assessments.

They’ll also look at your income vs spending ratio from your bank statement, to ensure the money borrowed will be paid back in full, with interest.