Direct Axis - yay or nay?

[Dolby]

I need a quick loan and I know they'll give high interest rates - however I'm settling in a few months.

I going to check terms and conditions about early settlement - but there is no clause and I can clear when I want, it looks ok? Anyone else tried them?

 

[web]

Yea they don't actually loan you the money, your loan will end up been with Sanlam, FNB or one of the other institutions I used them once had no problems at all.

 

[Ninja'd]

Yes I'm currently paying off a loan. They're okay I guess.

 

[Dolby]

They're on drugs ... 32%

 

[rorz0r]

Unsecured personal loan from any of the banks will end up costing that. Can't you put it on credit card rather? Or even apply for a new one...

 

[Dolby]

Credit card is fscked with these expenses ...

Probably going to speak to the parents to clear it for me (to R0.00) and take a balance transfer for the amount, spread over a longer period and pay them back.

End result is the debt is still there - but payments are 30% less.

* I expected a mid 20% ....