New to Boodle? You can get a Boodle loan of up to R6 000. Pay back on time, and we’ll reward you by upping your SmileRank®, and increase the amount of Boodle you can get. The Boodle SmileRank® is made up of smiles. When you pay on time, we reward you with more smiles, which means you qualify for bigger loans with longer terms. One smile allows you R4 000 over a month. But build up your rank to 5 smiles and you’ll be able to borrow R8 000 over 6 months. Also, when you’re a Boodle veteran, it will be quick and easy for all future applications to be approved.
However, if our algorithms indicate that you aren’t going to be able to pay back your loan comfortably, we may grant you a smaller loan amount, or at worst, decline the loan entirely.
And one more thing, if for some reason you aren’t able to pay back your loan on time, just call us and we’ll quickly help you with a payment arrangement. If you have any questions or concerns give us a call on 0861 266 353 or drop us a line on support@boodle.co.za.