Easy Loans

Easy loans can trap you in a debt limbo, where you are forced to live from payout to payout.

With easy loans, your next salary payout forms the loan collateral. So, once you receive your monthly income, you are obligated to pay the lender back the agreed upon instalment and interest rate. Some lenders may even require that you pay them your subsequent salary payout in full.

In order to repay easy loans, the money will either be directly debited off your bank account or you’ll have to transfer the full or agreed upon amount, as soon as your salary is deposited into your account.

Easy loans are unreasonably expensive, as the interest rates, instalments and fees often exceed the original loan amount. In a sense, you are simply borrowing easy loans over and over again, month after month.

Lenders charge hefty rates for easy loans so that outstanding balances don’t cut into their revenue. In tough economic times such as these, lenders attract hordes of desperate, ignorant borrowers.

As a result, lenders make outsized profits, while borrowers struggle to simply survive and make their ever increasing payments on time and in full.

Their living standards suffer, while their mental and physical health are eroded away by the stress of living hand to mouth, without any savings to fall back on in emergencies.

Borrowers can’t afford their bills after easy loans repayments are deducted from their salaries, so their electricity is cut. This means no light at night time, no hot showers and no hot meals.

They can’t afford their transport costs – their bus tickets, taxi fees or train tickets. They cannot afford to have their cars serviced or to have their tanks filled up with petrol. This means they cannot get to work to make a salary, so they can afford to buy food and feed their families.

Instead of making the big mistake of taking out easy loans, contact NDA now and we will get you on the road to financial freedom immediately.

Apply For Loan

Fill in the form below and a consultant will call you back today to help you in a few simple steps.

Sign up to our monthly newsletter

Free Call Back Form

We'll Contact You!

"*" indicates required fields

Accept terms and conditions?*
This field is for validation purposes and should be left unchanged.

Related posts

How To Save Money From Salary: Smart Tips

How To Save Money From Salary: Smart Tips

Learning how to save money from your salary is crucial, especially in today's challenging economic climate. With rising costs and economic uncertainty, making every rand count has never been more important. By adopting effective saving strategies, you can build a more...

Debt Collectors South Africa: A Comprehensive Guide

Debt Collectors South Africa: A Comprehensive Guide

Dealing with debt collectors in South Africa can be overwhelming and stressful. Understanding your rights and the legal framework governing debt collection practices in South Africa is essential. In this blog, we offer a comprehensive guide on dealing with debt...