It's not a secret that it may be highly difficult to get personal loans with bad credit/blacklisted. While it can be tough, it isn't impossible.
There are various options available and you have to be as realistic as possible.
It's important to make sure that you only use only registered credit providers, who are National Credit Act-compliant.
To be eligible for a bad credit loans in South Africa, you generally need to be in permanent employment for at least 6 consecutive months and also you need to prove affordability.
Lenders want to see that you are in reliable employment and will be in a position to afford repayments comfortably. In this instance, your affordability is much more important than your creditworthiness.
SA360 Loans
Offering a quick service, SA360 Loans is a specialist provider of use of fast loans. Loan amounts available are between R1000 and R500 000.
SA 360 Loans are experts at finding loans for people with bad credit. This is an online platform offering a nationwide service.
The amount borrowed you're approved for can be used however you wish. Whether you have to buy a new car or if you want to do some renovations in your home, SA 360 Loans can present you with the best solution.
The loans are unsecured, so you don't have to be worried about putting a good thing as a form of collateral.
To qualify, you have to be a South African citizen, having a valid ID and also you have to be employed. Once you are approved, you will get your hard earned money in a few days (between 3 and 5.)
EC Finance
EC Finance strives to supply readily available loan solutions for anyone who can afford them. Because of this, the institution offers its services to blacklisted individuals. EC Finance gives individuals a second chance with these loans.
If you're looking for ways to access bad credit loans in Nigeria, you shouldn't only consider loans from banks. You should also consider using web-based lenders.
