Mulah is a South African online lending service. The company aims to provide short-term loans to the public. The service works in a 24/7 format giving users the opportunity of micro-crediting. All financial transactions are conducted online. The company applies a fully automated loan approval process in South Africa. This reduces waiting times and provides customers with quick loans.
Every customer who wants to get a loan in Mulah is not required to communicate with managers or fulfill a whole list of requirements. The web resource is designed for quick and fast lending. The registration process is quite simple and convenient. Users do not need to spend a lot of time filling out online forms. Everything is automated and simplified. This allows you to concentrate on the main aspects of lending. The company focuses on the fact that the modern world is not perfect, so loans are a necessity. It’s a really quick financial service. Innovative micro online offer provided through the application.
Requirements for obtaining an online loan in Mulah
To obtain a microfinance loan, you must go through a simple registration procedure. People need to create an account. Next, they need to fill out a small online form with personal data. You must specify the following data at financial cash services:
- ID client number;
- Bank finance details;
- Recent three month bank statement;
- Proof of employment.
After that innovation, the system quickly analyzes the data received. The system automatically checks the customer’s credit rating and confirms his identity. The company has payday advance offering. To obtain a loan, you must specify only reliable data. You must also specify a mobile phone number to login and avoid complaints.
The corresponding PIN code will be sent to the phone number to confirm the loan. After all requirements are met, the payday loan system automatically processes all data. The result will be announced to the client within 10 minutes review. Fast 10minute payday platform is easy to use.
Interest rate in Mulah
The interest rate is 60% per annum cash flow. Customers can count on the amount of money from R500 to R4000 for any term they like. You can also choose the loans term. Clients are available from 1 to 30 days. With a minimum loan in R500 for one day, customers are required to pay R141.72. This is a modern company that knows what customers need. The site interface has informative information about the most favorable credit conditions.
All information is provided in a concise visual style. This helps customers to choose the most convenient type of lending. This is the standard interest rate for many companies. It’s enough for payday loans. Regular customers can expect to increase the amount and terms of lending to R8000 for every consumer microcredit.
How to get Mulah loan online?
The procedure for obtaining a loan is quite simple. To obtain a loan, you must open the official website of Mulah and use the online calculator. With it, you can choose the desired loan size and loan term. It is worth noting that the system is based on the principle of trust. The first loan is limited to the amount in R4000. As soon as the customer repays his first loan, the maximum amount may be up to R8000.
All customers must complete an online form with personal data. The system automatically checks the customer’s credit rating and confirms his identity. To obtain a loan, you must specify only reliable data. You must also specify a mobile phone number. The corresponding PIN code will be sent to the phone number to confirm the loan. After all requirements are met, the system automatically processes all data. The result will be announced to the client within 60 minutes.
Advantages and disadvantages of Mulah
The company provides loans for various needs. Customers can count on quick loans up to 1 month. It all depends on the required amount of money. The company also provides all services online, which is very convenient and private loans. Users do not need to do paper work. Customer relationship management is at the highest level. The disadvantages include ill-conceived design, the need to confirm personal income and restrictions on obtaining a credit. Financial transactions are available exclusively to South Africans.
Each user can contact the company in several different ways. All technical issues can be resolved with company managers. Here are a few options:
- Telephone number: 087 237 7010;
- Fax: 086 599 6280;
- Website: https://www.mulah.co.za/
- E-mail for customers: firstname.lastname@example.org and email@example.com;
- Physical Address: Block A, Waterkloof Rand Corporate Park, 358 Buffelsdrift St, Pretoria, Erasmusrand, Gauteng, 0181, South Africa