Who Is UDU?
Udu (pronounced “You Do”) is a leading provider is smart online loans.
An associate business of the Direct Axis group, Udu offers an online self-service loan management portal.
The portal enables anyone to take out a loan completely electronically. You can apply for a loan in 5 minutes and there are no phone calls, appointments or letters needed.
As an authorised and registered credit provider, Direct Axis has taken a step forward in tailored financial solutions through Udu.
Since it was established back in 1995, Direct Axis has provided more than 1 million personal loans. Through Udu, the lender seeks to provide easily accessible, convenient financial solutions to millions of South Africans who need access to loans.
To apply from a loan from UDU Financial Loans South Africa you need to provide your latest 3 months’ bank statements in order to prove your income.
Once you have qualified and have been approved for a loan from UDU Financial Loans you can expect the full amount to be paid directly into your bank account.
You have 12- 60 months to repay the loan, while the interest rate that you are charged is determined by your personal risk profsile.
You can email or upload the documents. The entire process will take no more than 5 minutes. There is minimal paperwork involved and there are no interviews with multiple consultants.
Loans are provided from R4000 up to R150 000 in increments of R1000. Loans are offered at fixed interest rates which gives clients the benefit of having a consistent monthly repayment.
Pay-outs are quick and clients can expect to wait up to 48 hours to receive the funds. No collateral is required so applicants don’t have to worry about providing any assets up as security for the loan.
Visit www.udu.co.za for more information about UDU Financial Loans South Africa.