Full Guide: Direct Axis Loans
For those who have bad credit, can the qualify for Direct Axis loans for blacklisted people with no credit checks?
In this post, we do quick loan reviews with this great reputable lender that has been a reliable helping hand for many South Africans.
Do they offer any Direct Axis loans for blacklisted or people bad credit?
We look at documentation, products and key prerequisites you should have on hand before you submit your loan application.
Lender Summary
DirectAxis is a proudly South African business and over the last 25 years, this direct-to-consumer insurance brokerage has expanded.
Services now include a range of products e.g. personal lending, funeral cover and DirectAxis Pulse – a FREE and SECURE financial health platform of which we are particularly proud.
DirectAxis is the largest and most successful direct marketer in the financial services sector, not only in South Africa but on the continent. We promote responsible borrowing and lending and are compliant with the National Credit Act. We continue to develop the digitisation of the business to deliver a positive and meaningful experience to our customers across all touchpoints.
We sponsor initiatives that we believe enrich the greater community.
As a proud sponsor of Cape Town City FC, we are excited about the opportunity to invest further in the country’s youth, keeping them healthy and helping them to achieve their dreams.
Cape Town City FC’s remarkable DreamClub 100 programme is the most comprehensive community development initiative in local football, providing professional training for coaches and players at 100 amateur clubs.
We’re delighted to also sponsor the False Bay Rugby Club, winners of the 2017 Gold Cup tournament.
Driven by a common purpose, to give everyone we touch the power to build a better life, DirectAxis, as part of the FirstRand Group, is perfectly positioned to continue its journey as one of the most successful businesses in the country.
DirectAxis is a business unit of FirstRand Bank Limited, an Authorised Financial Services and Registered Credit Provider (NCRP20).
Lender's Products
The biggest and most effective direct marketing financial services provider on the continent, DirectAxis, a member of the FirstRand Group, offers a variety of goods, from personal financing and insurance to financial wellness solutions, to give you with the highest level of service.
| Direct Axis Products Summary |
|---|
| Personal Loans |
| Personal Protection Plan |
| Consolidation Loans |
| Insurance |
Personal Loans
Apply via our online form, by calling 087 350 6020, available Monday through Sunday from 8 am to 8 pm, or by sending an SMS with your name, surname, and ID number to 43885.
Qualifying Criteria
- A good credit record
- A regular monthly income of at least R5 000
- The details of your bank account into which your salary is paid
* This already means that you can not qualify for Direct Axis loans for blacklisted people with no credit checks.
Documentation
- A clear copy of your South African ID.
- A recent document confirming your residential address.
- Up to 3 months’ recent bank-generated PDF statements or payslips as proof of income.
Consolidation Loans
Debt consolidation allows you to save money by combining your qualified accounts' monthly payments into one with a set interest rate.
A consolidation loan is intended to streamline your finances so that you will just have one lending and credit account to keep track of rather than many ones.
DirectAxis does all the back-end work involved in settling your accounts.
You could be eligible for further funding.
Benefits
- You could qualify for further cash in your bank account.
- A single service fee and credit protection plan.
- A single fixed monthly payment.
- Lower monthly payments on your qualifying credit; consolidating debt frees up cash.
- Their experienced debt consolidation team will handle all the admin of settling your credit commitments.
- A fixed loan term that avoids the cycle of revolving credit.
Direct Axis Loans for Blacklisted
If you have bad credit score and would like to apply for Direct Axis loans for blacklisted, your application is most likely to declined.
In one of their requirements and qualifying criteria, you need good credit record.
Also, for those who are unemployed, you might not qualify as they require proof of income and minimum of at least R5 000.00
However, for those who are looking for bad credit loans, we have an article on how you can qualify for blacklisted loans.
