MDN Finance has adopted a Group-wide policy that adheres to International Environment, Social and Governance (ESG) principles, as well as the IFC (International Finance Corporation) exclusion list.
We have a solid governance framework of ethics, codes of conduct, policies and commitment to legal compliance. Our code of conduct commits us to high ethical standards
We recognize that obtaining a loan can be a daunting process. It’s common to feel overwhelmed by the complex terminology and procedures used by lenders. That’s where Money MDN Finance steps in!
Our team of seasoned professionals simplifies the process by leveraging our advanced platforms to identify the ideal loan product tailored to your needs.
"Experience the Most Affordable Banking Service in South Africa with Nearly Zero Charges.
Lowest Interest Rates & Fees · 99.8% Success Rate Guarantee · Flexible with Your Repayments
Meet Our Team! At MDN Finance, our team comprises everyday individuals who are experts in lending, finance, and customer service. Together, we collaborate seamlessly as one cohesive unit
— See what our customers have to say —
When dealing with Alison from MDN Finance, I found that she was a very friendly, active and dedicated person. Whilst maintaining a professional attitude, she was helpful and supportive throughout the process. I am very pleased to have had this opportunity to get to know her and I am looking forward to dealing with her again
Minimum loan period 12 months Maximum loan period 60 months. Maximum APa
There should only be initial cost if your monthly debit order was unsuccessful as a result of insufficient funds or changing bank accounts without prior notice to the service provider. The service provider will try to contact the client in order to resolve the problem.
If the client can’t be found or the problem can’t be solved, it would be handed over to the internal collections department to see if a solution to the problem can be found. If an agreement can’t be reached, the lender can make use of an external collections company or an attorney.
This will lead to an increase in fees and interest. This will have a big influence on the clients credit score and it will be very difficult to get any more credit from any loan provider.
Monthly premiums for loan repayments will be done by direct debit order collection from the clients bank account. Unsuccessful debit order collections may result in the client being charged a fee by his own bank for the unsuccessful transaction.
Maximum APR 32% per annum. Representative example: Loan amount R100 000, terms: (Annual Percentage Rate) 28%, monthly service fee R68.40, monthly repayment R4558.00. The interest rate will depend on the loan amount, loan term, and credit profile of the applicant
If a client is up to date with his loan repayments, they may qualify for a second or third loan depending on the criteria as set by the loan company. The client will have to apply again and the loan provider will look at the clients profile, affordability, etc. The loan provider will then make a decision based on the rules and regulations as set by the NCR.
Icon Center,24 Hans Strijdom Ave, Cape Town City Centre, Cpt, 8000,SA
+ 27 60 364 7680
info@mdnfinancesa.co.za
