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.
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
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.
RCS is an accredited Financial Services Provider, and is affiliated with the Foschini group and Standard Bank. Get a personal loan of up to R 100 000 within 24 hours with RCS. All applications can be made online through their website, and if you qualify provisionally for their loan then they will contact you and finish the process of getting you a loan. Their terms and conditions are quite easy to read and understand, explained in the most layman terms possible without trying to trick you with words you don’t understand. Read them carefully and understand them, though. You need to make sure you understand and are willing to abide by them.
As with all lenders, you will need to agree to the RCS personal loan interest rate charged. Have a look at how much they would like to charge you on the capital amount (loan amount) and compare that with other loan lenders. Apply with as many as possible and review the quotes you get before agreeing with any of them.
RCS personal loans contact details
Ground Floor Liberty Grande Building
Corner of Voortrekker Road and Vanguard Drive
PO Box 111, Goodwood, 7459
Tel: 021 597 4000
Fax 021 597 4727
Call Centre: 0861 729 727
Absa personal loans are available for their existing clients, or new clients, who wish to have a loan of between R 3 000 and R 150 000, depending on how much you qualify for and your credit assessment. This is a longer term loan than the short-term Absa Express Loan that you pay off in 6 months or less, the Absa personal loan is paid off in 12 to 84 months.
There are different options available when taking an Absa personal loan. If you take the fixed rate loan, you can pay over a period of 60 months, if you take a variable rate loan which is linked to prime you may qualify to pay over a period of 84 months. You may choose to pay additional sums towards settling your capital amount on the loan without getting penalized.
applying online for a personal loan
Existing Absa customers can easily apply for a loan by looking for the ‘apply’ link on their Absa online banking profile. The process is quite seamless and it’s possible to have your loan available in less than 10 minutes! You will have to be registered for online banking in order to apply online for an Absa personal loan. If you are not a current Absa customer then applying online will take a bit longer, but you may still apply online with Absa, although you will need to give them all your documentation in order for them to see if you qualify for a personal loan with them.
As with all types of loans, you need to apply for as many as possible and then compare which one is more competitive and gives you a better rate.
Absa Personal Loans contact centre
||0860 100 372
||0860 00 33 00
||0860 008 866
The Absa Express Loan is a short-term loan from Absa that many of its clients are glad is available for them. Nothing really is available to rival this from other major banks. The Absa Express loan is short-term, so it means you will pay it over less than a year, and Absa has put together options of 1, 3 or 6 months to pay it off. You mat apply for a loan starting from R 1 500 to R 8 000.
There are a few conditions if you would like to qualify for this Absa loan: You must be a South African citizen, have your salary deposited into a bank account (this is because Absa will actually debit your account), you must earn more than R 1 500 per month, proof of residence (water bill, Etc).
As with all loans, check that you can afford this loan and will be able to pay it off in the stipulated time period. You must apply for more than one loan and then compare the amount you will be paying off per month. Choose one that you can pay off quicker (and as affordable) as possible. You want to pay less on your interest rate and as less an amount as possible. At times you will have to prove that you can afford a loan, and by doing so you will be safe from unscrupulous lenders who don’t care about you but are reckless in their lending.
There are dozens of companies willing to help a hand by giving those who are blacklisted a loan in Cape Town. Although getting a loan in Cape Town is as easy as getting a loan in Johannesburg as most loans do not require you to go into their office. Some of the companies that are trusted in giving qualifying people, especially if they are blacklisted, are listed below:
Based Wynberg, Cape Town in the Western Cape, they offer loans of up to R 180, 000. They also deal with granting loans for blacklisted people in Cape Town and the rest of the Western Cape area.
What do you need?
1) 3 x Months Bank Statements
2) 1 x Latest Salary Slip
3) Copy of ID
4) Proof of Residence
They specialise in micro loans even for blacklisted people. They offer up to R 15, 000 personal loans.
Although they are based in Cape Town, you can apply online for a loan with them. But you will need to furnish them with the following documents:
The latest payslip (must have the company name and the engagement date.)
A three month bank statement (with a fica document that is proof of address )
Certified copy of your South African ID
Short term loans are hard to come by if you have bad credit or are blacklisted. Many financial institutions will most likely turn you down if they find that you have bad credit, or they will charge you an exorbitant interest rate for the short term loan.
Try and minimize your chance of being rejected by making sure that none of these apply to you:
- You must not be self-employed as this shows that you are getting an irregular amount of money per month and may struggle with paying the lender back.
- You must not be under administration or under debt review. This is self explanatory as if you are still under debt then you may get into more debt through loans.
- You may not currently be under sequestration or in the process of being liquidated.
If you are permanently employed, receive your salary into a bank account (monthly or fort-nightly), have been employed for more than three months (this is lender dependent) and are a South African citizen, then your application will be considered with major credit providers.