Loan amount
Loan term
Udu (pronounced “You Do”) was created to offer an online self-service loan management portal and the unique Udu digital platform uses the latest technology to make all processes quick, easy to use and to understand. It enables anyone to take out a loan completely electronically. The power is at your fingertips.
Udu is an associate business of the Direct Axis Group, a strong link that ensures reputable service.
Direct Axis SA (Pty) Ltd, an authorised Financial Services Provider who manages and administers Udu Personal Loans on behalf of RedDirect (Pty) Ltd.
An illustrative example of a loan at an interest rate of 27.50% per annum would be: Loan amount R60 000.00 plus a once-off initiation fee of R1207.50 and a monthly admin fee of R69, over 60 months. The total cost of the loan will be R 117 380.00 which is an Annual Percentage Rate (APR) of 30.41%.
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.
Udu loans are funded by RedDirect, an authorised credit provider, these loans are administered by one of South Africa’s largest financial services provider DirectAxis.
You’ll instantly know if you qualify for a loan. Once your loan has been finalised, the full amount is paid directly into your bank account.
NCRCP8391
WARNING: Before borrowing please make sure that you read all the terms and conditions in your loan agreement.
Direct Axis (SA) (Pty) Ltd,
108 De Waal Road, Diep River, 7800,
South Africa
To contact Udu fill the contact form on www.udu.co.za.
Minimum loan amount
Maximum loan amount
Minimum loan term
Maximum loan term
Max. APR
Minimum age
Representative example: Loan amount: R20 000, Loan term: 1 year, Total cost of loan: R24 432, APR: 15%
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.
Minimum loan amount
Maximum loan amount
Minimum loan term
Maximum loan term
APR
Minimum age
Representative example: Loan amount: R50 000, Loan term: 72 months, Total cost of loan: R102 086, APR: 27.29%
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.
MoneyGuru SIA, Address: Rīga, Latvia, Kārļa Ulmaņa gatve 2, LV-1004
Registration number: 41503072001 Bank: Swedbank AS, E-mail: partner@moneyguru24.com
Copyright © MoneyGuru 2012-2024. All rights reserved.