- Service Fee: R50 per month plus 14% VAT.
- Initiation Fee:
Loans under R1000: 15% plus 14% VAT
Loans over R1000: R150 plus 10% on any value above R1000 plus 14% VAT
- Interest Rate: 0.17% per day.
All Interest and Fees on your Boodle Loan are calculated based on the Regulations
as set out in Chapter 5 of the National Credit Act 34 of 2005
Annual Interest Rate / APR: 60%.