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Almost, the highest would be the current repo rate + 21% = 27.75% (not 100% sure what the repo rate is right now and too lazy to google)Everyone seems to have missed the fact that the OP has stated they cannot get a loan from one of the banks...
This instantly makes me tend toward them being a risky proposition which is why DirectAxis will hit them for the highest interest rate possible.
Wesbank to be preciseIsn't DirectAxis part of FNB?
Now is not the time to take out more loans.... Eish.
Absolutely redicolous what people do when they are desperate.Especially 27.7% interest loans.