Everything You Need To Know About Small Loans Online

Are you looking into small loans online to help you with that little bit extra you need to purchase a new car? Or perhaps you wish to extend your holiday by a few nights and use the money for your stay? No matter the cause, we give you the freedom to spend it on anything and everything.

If you want to know how to apply, it’s easy. You can do it on our website at any hour of the day, from anywhere.

What Interest Do We Charge?

One reason why so many people are reluctant to take out small loans online is that they’re afraid of paying hefty amounts of interest and ending up under a pile of debt later. With us, you don’t have to worry about hidden costs as you can simply check the interest before applying on our homepage through the SmileDial.

You’ll receive a quote, detailing the instalment amount, how long it will take and what you qualify for prior to receiving the loan. This ensures that you’ll have full control over taking or leaving our offer. Thus, there’s no reason to fear applying.

Get Your Bank Account Ready

To apply for our small loans online, you have to provide us with your banking details so that we can determine what you can afford to pay back. It’s important to note that Boodle at present only works with the main banks in South Africa. See them below:

Absa
Capitec
FNB
Nedbank
Standard Bank

If you don’t have an account with one of the above banking institutions, then you won’t be eligible for a loan from us.

However, this might change in future, so keep an eye on our FAQ page to see when we update information. Also, try to remember that a debit order will be placed on the account linked to your loan, which means it’s crucial to leave enough money in your bank account to avoid payment issues.

Is Your Credit Profile In Order?

A good credit score goes a long way in getting you approved for loans at any creditor, online or offline.

Make sure you don’t have red flags or a poor payment history when applying for a loan, but don’t let this discourage you from trying. We thoroughly investigate your record and look into what brings it down or pushes the score up. This means that you might still stand a chance, even if you don’t think you do. Still, we won’t want to put you in a tight spot. Therefore, we will only offer you what you can afford.

On the bright side, small loans that you pay back as agreed, will look good on your record and might just help you get bigger amounts from other lenders in future.

Why Choose Us? – Because We Give You Privacy

Having to beg and plead with banks to give you a minor advance on buying something can be uncomfortable. They always want to know what the money is for, why you need it and how it benefits them. With our small loans online, you don’t have to feel that way as we don’t ask questions about what you’ll be spending it on.

Our small loans are safe, private, quick and uncomplicated. Apply online now and see what you qualify for.