Consolidation Loan

0861 243 556


Frequently Asked Questions

Why should I use Direct Axis to consolidate my accounts?

We’ll only ever authorise a loan amount that you’re comfortable repaying and once it’s approved, we do all the work: we settle your accounts on your behalf and deposit any remaining money into your bank account. It’s a very simple process: fill in the online form, click to apply and you’ll know right away whether you qualify. Alternatively, you can apply by phone: we are open from 8 am to 5 pm every day – you can even request a free call back from a loan consultant.

What other benefits can I expect?

After your accounts are settled, any money left over from the loan is deposited into your bank account to spend as you choose. You’ll have the convenience of a single, fixed monthly payment and no more multiple service fees and debit order costs. Consolidation loan customers also have the advantage of a Personal Protection Plan, safeguarding future payments against unforeseen circumstances.

How will account consolidation improve my cashflow?

Paid back over a longer term than your current loans, retail and credit card accounts, a Consolidation Loan will could have a lower monthly repayment, thus leaving more money for you to access each month. In fact, our Consolidation Loan customers reduce their monthly repayments by an average of R1 900.

How will Direct Axis settle my accounts?

After obtaining your permission to request settlement, we then do everything for you. You don’t have to find out your remaining account balances, stand in queues or deal with the company concerned. Once the accounts have been settled however, we recommend that you don’t re-open or continue to use them.

When should I consider consolidating my accounts?

If paying your retail accounts, personal loans and credit card accounts leave you with very little cash left over each month then a Consolidation Loan could be your first step towards financial simplicity and improved cashflow.

What you'll need to apply?

  • A good credit record
  • A regular monthly income of at least R5 000
  • Your last 3 months’ payslips or bank statements
  • A clear copy of your ID document
  • Details of your bank account into which your salary is paid
  • A recent document confirming your residential address

Apply Now

Find out instantly if you qualify for a Consolidation Loan

Easy application. Safe and secure.

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Direct Axis Conditions of Loan Application

3 Easy Ways To Apply For A Consolidation Loan

Find out instantly if you qualifyApply Online Applying for a Consolidation Loan?Request a Call-back Speak to a Consolidation Loan consultantCall 0861 243 556