Blacklisted Personal Loans are credit solutions offered to people who have been previously blacklisted or have bad credit and are finding it hard to access credit from traditional financial institutions such as banks. Blacklisted people often find it hard to apply for loans due to their perceived high risk factor, but will be happy to know that there are many credit providers that are willing to help people in such a situation.
Why choose Blacklisted Personal Loans?
Blacklisted Personal Loans are helpful especially to people who have got a bad credit profile or are blacklisted, and can give borrowers from a minimum of R2 000 to as much as R150 000 in unsecured loans. The good thing about these loans is that they are unsecured loans which dont require you as a potential borrower to put up any security or collateral when you apply.
The loan application is done all online by just filling out the application form with your details and it saves you from standing in long queues, visiting their branches or going through an interview. Blacklisted Personal Loans are provided in accordance to the National Credit Act guidelines so you can be rest assured of professional service and support.
Although blacklisted people are considered high-risk individuals they will be required to pay a slightly higher interest rate than people with good credit profiles. The amount one qualifies for will be dependent on your affordability assessment.
Blacklisted Personal Loans Requirements
Applying for Blacklisted Personal Loans will require you to be above the age of 18 years old, must be employed permanently for at least 3 months with the same employer, must be earning a minimum of R3 000 a month, must have a valid South African ID, must have an active bank account where debit orders can run from.
The good thing about these loans is that there are no credit checks that are done when you submit your application. To apply you simply have to visit their website and fill out their application form with all your relevant and accurate information. There will be a pre-approval notification after which you can supply all the supporting documentation to finalise the loan application. If your application is successful you will be able to get the funds deposited into your account within 24 hours.
Blacklisted Personal Loans Contact Details
If you are blacklisted and need to apply for finance you can visit www.blacklistedpersonalloan.co.za and make your application from there. You can also call their offices on 0872366004 and speak to their consultants.