Loan Direct

Loan Direct your number one finance broker

We are finance brokers, although in some instances we will lend money through our parent company Loansmart Ltd.

When your application is received and processed one of our consultants will advise whether your loan is being brokered to another lender or if it is with Loansmart. Should your personal loan be brokered to another lender you will be advised of the fees, repayments and interest rate prior to your loan being drawn down. It’s safe to say that fees do vary from company to company of which you will also be advised.

A responsible lender

When applying for a consolidation loan, Loan Direct does carry some responsibility towards you, this will include that we are fully aware of what it is you need as well as your circumstances. This will permit you to make the right decision with regard to your loan. You can rest assured that all private information provided by you will be kept private and confidential.

We may request the following information

Your age, current bank statements confirming your income as well as expenses, if you have full time or part time employment, the value of your assets, you need to present your credit history and you need to give Loan Direct permission to do a credit check, we will require a copy of your ID or drivers license or passport, what amount you are looking to borrow, when the quick loan would be required, for what purpose the loan is needed and a loan term that is best suited for your budget.

Our terms and conditions are clear and easy to understand!

Loan Direct Services

Loan Direct offers affordable debt consolidation loans, we take all your debt, such as credit cards, hire purchase, store account and any other debt that needs to be paid and we roll them all into one loan which means you only one loan to repay which will be in line with your pay cycle.

Debt consolidation is a great way of reducing payments and gives you an opportunity to get your life back on track.

You only need to concern yourself with one payment meaning you are able to budget and it becomes a bit easier because you may have some extra cash to spend.

Online loan applications

You’re welcome to use our online calculator to find out how much you can borrow, what your repayments will be and what sort of saving you can make each month.

Should you have any questions, please contact one of our friendly consultants who will willingly assist you or complete our online loan application so that we can get the ball rolling and reduce your monthly repayments.

Debt consolidation

Loan Direct will require settlement figures on your debt (with a valid settlement date) as well as your creditor's banking details.

We will then settle all your debt and make sure that any security the creditors may hold is removed. Please note that we don’t offer a short-term loan, all our debt consolidation loans and other loans are between six to sixty months.