Digital Money

About Digital Money

Digital Money gives the privilege of applying for a personal loan at your convenience in South Africa. Everyone who meets the basic requirements can apply with us. Digital Money Brings you close to a team of professionals to help you through a hassle free and quicker procedure of getting your loan approved. You just need to fill out some basic information online, then you can enjoy the benefits that come with the loan. Choose your preferred loan according to your need and get the money safely transferred to your account instantly after approval. Let us help you through!

Product Description:
Amount : R 200- R 8,000
Loan Term: 3, 6, 9 and 12 months
Daily loan interest rate: 0.01%
Interest rate (APR, min to max) for this loan app: 17% to 29% per year
Management/Platform Fee: 0.01%


Example:
If you choose a cash loan of 10,000,000 R for 1 year with 0.01% interest
Profit sharing: 24% = R 2,400,000
Term: 12 months / 12 times pay
Platform Fee: 12% = R 1,200,000
Total loan principal + interest = R12,400,000
Total Payment Amount: R13,600,000
Total monthly installments : R 1,133,333
• Borrowers have the flexibility to prepay at any time, which may reduce the above fees

How to apply with us?
1. Install Digital Money from Google Play and register an account with your mobile number.
2. Fill out the basic application forms online within 3-5 mins.
3. Submit your application and get approved soon.
4. Loan disbursed instantly into your bank account.
5.Repay your loan on time.
6.Get another loan with a higher amount, longer term and lower fees.

Eligibilities:
You are 19-55 years old.
You need to be a South African citizens
You hold a valid ID Card
You have a stable source of income or an employment

Security
All the transactions are secured via a 256-bit SSL encryption. Customers’ information is surely safe with us. We won’t share customers’ data with any other third department.

Customer Service Email: [email protected]
Address: 96 3rd Ave, Mayfair, Johannesburg