can you get a loan if you are blacklisted?

Are you blacklisted? Are you not able to get a loan big enough to cover your expenses? Do you not have any assets to lend against? Well, you are still able to get a loan to carry you to the next month.

Enter your details below to apply for Blacklisted Personal Loans

The banks will most likely not give you a loan, not even to consolidate your debt, but there are so many other accredited loan lenders that are able to offer you loans of sometimes up to R 50 000. The trick is that you must show that you can now afford this loan, even if you did mess up your credit record. What they look for is your current affordability and not your history. These loans do carry a higher interest rate than usual, as you are still a higher credit risk.

Here’s how:

You must be permanently employed. So check with your employer that they have registered you as permanent employee.
You must NOT be under debt review or administration.
You must be a South African Citizen, with a green bar coded ID/card ID
Your latest three months bank statements where you receive your salary
Your latest pay slip

Apply here for easy online blacklisted loan applications

Amnesty for blacklisted people

A new law South African law requiring lenders to erase defaulters’ credit history took effect Tuesday despite protests from banks and opposition parties that branded the move as populist vote-buying.

Credit bureaux now have two months to wipe “adverse consumer credit information” from their records, according to the law, which comes ahead of elections on May 7.

“The amnesty doesn’t remove the debt, it just removes the information related to an account,” said National Debt Mediation Association CEO Magauta Mphahlele.

Information to be scrapped includes descriptions of defaulters, unreachable debtors and sheriffs’ orders.

“You don’t have to have paid off that debt to have the negative description removed,” Mphahlele told AFP.

“But if the credit provider has obtained a court judgment against you, that judgment will only be removed if it has been paid.”

Almost 10 million South Africans — 48 percent of people with credit records — are in arrears on payments or have seizure orders to their names.

Blacklisted consumers battle to secure loans, rent housing or subscribe to certain services.

Some also struggle to find work since their employers use the credit system to check up on job applicants.

Access to credit in South Africa has widely expanded since the advent of democracy in 1994.

But many poorer citizens are trapped in debt, often taking unsecured loans at up to triple the normal interest rates.

Low-income consumers often fall prey to loan sharks to fund ostentatious lifestyles, buying clothes and electronic equipment on credit.

Banks opposed the new law, saying it left them little means for tracking a loan applicant’s payment behaviour.

Opponents have also slammed the law as an election ploy ahead of May 7 polls, in which the ruling African National Congress looks set to win a reduced majority.

Many misunderstand the law to mean their credit itself has been scrapped, said Mphahlele, who raised concerns that it would not make consumers more responsible spenders.

“We don’t see how it will impact on the repayment behaviour of consumers,” she said.

SOurce: sowetanlive.co.za

debt-free with debt consolidation

loans-for-blacklisted-people

Get debt-free with a debt consolidation loan. Are you disciplined enough to take on a debt consolidation loan? Debt consolidation can help people who are in debt to take back their financial lives!

Getting a debt consolidation loan is easier than it looks, with just a few things to consider first:

  • Are you a home owner?
  • Do you own any other assets?
  • Are you fully and permanently employed?
  • Do you receive your monthly salary in a bank account?

Then you stand a chance of securing a debt consolidation and start living a debt free life.

One of the first things you will need to do when you get yourself a debt consolidation loan is to change your spending habits by drawing up budgets and sticking to them. It sound easy but this is the first thing that can trip people who have just qualified for debt consolidation loans.

Pay your credit card debt

Are you losing the battle to pay off your credit card? Do you keep paying without making a dent in your credit card debt? It’s time to close your credit card for good by taking out a debt consolidation loan and paying off your entire credit card and paying lower interest rates!

A debt consolidation loan is a loan that you take out to pay off debt that has high interest rates like credit cards.

Check how much you’re paying off your credit card and request a lower interest rate from us by applying for a debt consolidation loan.

Credit card payments may take you over two years to pay off the debt you incur, and that includes all the fees and interest they charge you. You may feel like there’s no more you can do about your debt, but a debt consolidation debt may be your answer.

There is a qualification process to go through, but that doesn’t take long at all. Apply today and save on a lot of money you may have had to pay later!

Apply for blacklisted cash loans online up to R15,000

Cash loans are hard to find if you are blacklisted in South Africa. And many will charge you high interest just for the privilege of applying for a loan. We show you a few that are easy to apply for. Hint: apply with as many as possible and compare their payback options and interest rates

Loanlocator.co.za. You Apply online at  https://www.loanlocatorsa.co.za/wp/apply-online/

Call their call centre on 0860 022 150. Their operating hours are: Mon – Fri 8:00am – 5:00pm and Sat 9:00am – 2:00pm. They are not a FSP but they will pass you’re request through they’re call centre.

Loan Seekers. Apply at http://www.loanseekers.co.za/online-application
loanseekers@moovtrading.co.za  Office: 087 940 3073

As always, please read terms and conditions carefully before putting you details through… KNOW WHAT YOU ARE APPLYING FOR!

Apply here for loans for Blacklisted People

Blacklisted loans in Pretoria

Are you permanently employed? Do you have your salary deposited into a bank account? Have you been permanently employed for more than three months? You can apply from anywhere as loan applications for loan for blacklisted people in Pretoria are also available from anywhere in South Africa. You apply online and are given the opportunity to supply your information securely over the internet.

The only people who should apply for a blacklisted loan is exactly that: people who are blacklisted or have bad credit and are unable to apply with other credit providers. Applying for a blacklisted loan in Pretoria is easy if you apply online as the same credit is available for you and you will not have to travel to loan papers. To see how much you qualify for you will need to apply with as many credit providers and only accept one as that loan will still need to be paid back.

You will not be approved if you are under administration or are in debt review. If you are struggling with paying your debts apply for debt help rather than a blacklisted loan.

Debt Consolidation with Nedbank

Nedbank offers debt consolidation loans, debt management plans and other financial planning tools. But specifically to get yourself a debt consolidation loan with Nedbank, whether you’re a client of theirs or not.

First debt consolidation loan you can get is by applying for their credit card in order to do a balance transfer. You can apply for credit card such as a green back card and transfer balances from other banks into the Nedbank credit card. Or more like pay off everything else and pay off this card at the current advertised rate of 3 to 36 months at an interest of 13.4%, but of course do read your terms and conditions.

Secondly try this method of Nedbank debt management: If you have property that you can put up as collateral, why not apply to re-mortgage your home. This way the extra money that you get you can put into your home. Although this is a risky move, as you will essentially be pushing your debt into another debt vehicle, you can pay this off quicker and with lower interest rates. If you increase the amount you pay per year you can pay this debt off safely without having to get into trouble with the credit regulators.

Tip: apply for debt consolidation with as many companies as you can and match their interest rates and terms.

Apply here for your debt consolidation loan!

Getting a Sanlam Debt Consolidation Loan

loans-for-blacklisted-people

This website talks at length about how a debt consolidation loan works, and Sanlam, like other financial services providers, is able to offer you a debt consolidation loan. Sanlam debt consolidation loans work through your home loan.

So how are you able to get a consolidation loan from Sanlam? Through re-financing your home. If you own your own home you will be able to re-finance your bond and use that extra cash to pay off big ticket items such as high interest especially at the current 2013 interest rates. This can also include the furniture you bought on hire purchase, you can pay them off and reduce your payment on them.

Are you able to be financially disciplined enough to take on a debt consolidation loan? Because that is the advice Sanlam debt consolidation loans demand, or any other consolidation loan for that matter. But unlike other companies that offer debt consolidation, Sanlam really thinks you should give it more thought. This is because a debt consolidation loan is a great tool if you use it properly. Now, I’m certain you have said to yourself that you will surely take better care of your financials and not come close to ruin again, but discipline is more than just making a promise to yourself and it is about actually changing the way you deal with money.

As always, it’s good advice that you apply with more than one lender so as to compare rates. You can be successful with one debt consolidation loan but fail with the other, so read up on how you can qualify.

Blacklisted Vehicle Finance on Gumtree

Looking for blacklisted car finance on Gumtree is looking for trouble because most of those deals are too good to be true. Especially for people who advertise that they offer “No Deposit Vehicle Finance For Blacklisted in South Africa” and say that you will pay starting from R 2000 pm. They will request that you furnish them with your full names, salary slip, physical address, your ID and other information. And be most weary of those who request this information via sms or cellphone as you can’t trace them at all.

By Far, websites and landlines are the safest ways of sending information as those are easily traceable and identifiable. If you would like to find out more about the right way of getting blacklisted car finance please read here.