Payday Loans are also referred to as short term loans that serve as quick cash to meet emergency expenses. These loans, along with cash advances, can be used as short term loans to take you through to your next payday when fee payment and balance are due.

Direct Axis offers short term loans that start from R4000 up to R150 000. You can repay these loans over a team of up to six years, and your loan can be paid into your account in as little as 48 hours. You can choose the amount and the term of the loan, making it easy for you to apply online.

All their loans come with Personal Protection Plan, meaning that you will be covered in the event of death or disability, or even retrenchment. You won’t have to leave your loved ones with your obligations as you will be covered.

Direct Axis offers fixed monthly repayments and you can use this loan for a variety of things, like studying, paying off debt in the form of a consolidation loan, do upgrades to your home, or just for those unexpected expenses. It’s easy to apply and you can do so online at www.directaxis.co.za.

Being highly accessible online, it’s often tempting to take out a loan to have money readily available. But if you cannot afford it, do not take out a loan as you will only harm your credit profile and default on your financial obligations. A lot of people set emergency funds for critical situations. 3 to 6 months of living expenses should at least be spared for these emergent funding needs. Some might keep their emergency cash in a checking account for withdrawal when needed.