"What is MyMulah.co.za all about?" We hear you ask. Well, In short, we are a team of young, vibrant and creative online entrepreneurs, analysts and Micro finance specialists who offer innovative financial services to the people of Mzanzi and beyond. We understand our market and their needs, as we are a part of it. Our friends are part of our market, and their friend's friends. MyMulah.co.za is about helping you get by by offering affordable loans, because at some point or another, all of us could use a little helping hand.
It's near the end of the month and the fridge is empty. It is going to take more than that packet of two-minute noodles you have saved for a rainy day to keep you going for the weekend. Besides that, the notion of attending a braai with bottle of sugar water and half a polony just won't cut it. This is a financial solution that MyMulah.co.za can help you with. We know that time is money and that people hate to wait. That is why MyMulah.co.za offers quick, short-term, safe online cash loan solutions for unforseen issues in your financial life. This method of providing Personal Loans allows us to cut out the middleman as well as most of the boring, complicated paperwork associated with loaning from a bank. Quick and easy! MyMulah makes use of an online platform, which quickly performs a quick credit check, stating the amount of pay day loan finance that the individual qualifies for. It all happens instantly and the loan can be released into the client's personal South African bank account anywhere in the country on the same day.
Hoorah and congratulations! That surfing lesson you had your eye on? Go and do it! How about that hot date you just couldn't afford to pay for? Now you can. You can fill your bathtub with chocolate-coated peanuts if that's what you feel like, anything you want! Once a client is approved for a short term loan from MyMulah.co.za (and it doesn't take long) they sign a debit order for collection of the loan and associated fees with their bank of preference. All debit orders must fall within 30 days of the current loan.
MyMulah.co.za aims to provide easily accessible loan finance to young professionals on a short-term basis. MyMulah is a genuine company that hopes to make the process of applying for a loan as user friendly and affordable as possible. By making loan finance available instantly over the Internet, Mulah hopes to simplify the procedure of taking a loan as well as repaying it. We also aim to have eligible loan requests in your bank on the same day as applying, but sometimes it may take a little longer, however, we are trying our best to improve on this!
We definitely have our ducks in a row and pride ourselves on being safe and genuine loan providers. Company details are Quick Ching t/a MyMulah, is registered with the NCR and complies with all legislation in respect of the South African Credit Regulator. A real mouthful. The company is also registered with the MFSA, the official body of representatives of microcredit providers in South Africa, who represent us at government departments, NCR and industry representative institutions. In other words, we like keep it more legit than MC Hammer, who, in case you are unaware, has always been too legit to quit.
Q: What are the eligibility criteria for MyMulah Online Loans?
Only South African citizens qualify for a MyMulah instant cash loan. You must have a regular income and bank account into which your salary is deposited monthly. Oh, and you must be over the age of 21, that way we know you won't spend it at the games arcade. We're kidding about the games arcade part but the age thing still applies. You must also have a valid email address and cell phone number so that we can keep in touch while the loan is being processed.
Q: How do I find out how much Payday Loan can borrow?
If it is the first time you are applying for a MyMulah instant Loan the maximum loan limit is R4000. The more loans you make and repay, the higher your MyMulah trust rating gets. The higher your trust rating becomes, the more money you qualify to borrow, up to R8000!
You can easily calculate the days. Interest and costs of the loan until your next payday when you will be required to repay the entire loan. Simply slide the MyMulah widget to select the loan amount and the number of days till your next payday. Keep in mind that MyMulah will expect the loan repayment by the date which you have selected, so be reasonable and realistic please.
After your first credit loan, future loan applications are even easier and quicker to complete.
Q: What do I need to provide during the MyMulah payday loan application journey?
Seeing as MyMulah is an online cash loan business, an Internet connection is essential. Any Internet connection will do and you can access the site through any web ready device. You can apply for your loan over your smart phone, a tablet, a PC or a Mac. If you can link your toaster to the web somehow, that could work too. We will also require some personal information like your bank account details and your SA ID number, so if you are in a hurry, make sure to have them on hand.
Q: Do you approve all banks?
We can only approve your payday emergency loan if you belong to the following banks:
Absa FNB Standard Bank Nedbank Capitec
Q: How do I apply for a MyMulah Payday Loan?
Simply head over to our handy online loan slider tool to begin your loan acquisition process. Slide the dials to the amount you would like to borrow, and then slide the other for how long you'd like to borrow it.
You will be given an approximate cost for interest and fees, a repayment estimate and the repayment date.
Click 'Apply Now' and this will then take you to your MyMulah loan application form. Fill this out and we will quickly run a credit check to determine your loan eligibility, and you will have a decision, sometimes within minutes. Easy peasy.
MyMulah Online Payday Loans is a responsible lender and provides a quick and efficient solution to your short-term money difficulties. MyMulah payday loans should never be used as your main source of income.