Personal Cash Loans

Personal bank loans for people in South Africa who need access to finance are harder than ever to get these days due to the banks strict rules and regulations against allowing blacklisted and people with a bad credit record to borrow money. You only need to have missed a payment or been late on a payment on one of your accounts to be listed as a slow or bad payer and a high risk to lend money to according to the banks. So where do you go to borrow and how can you get a loan even if you are blacklisted or have a bad credit record?

Well it’s not only personal bank loans available to the public as an option when it comes to borrowing money. There are many more registered financial credit providers accepting blacklisted people and those with a bad credit record and approving many for finance for cars, holidays, debt consolidation and numerous other reasons. These credit providers, although still governed by the National Credit Act of South Africa, are not operating under the exact same rules for approval as the major banks like FNB, ABSA, Standard Bank or Nedbank do.

This means that people with a bad credit record or who may be listed by a company on the ITC or some other kind of blacklist have a stronger chance of getting finance online than they do at the bank. The best thing to do if you are not too sure of your credit rating is to simply apply online and see what the results are, most people have nothing to lose by simply applying, the worst that can happen is that you will be informed that your application was unsuccessful. Use the links throughout this site or get in touch with us via the contact page to find out how to apply for finance and not have to worry about being rejected for personal bank loans or similar.

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