Welcome to Personal Loans for Blacklisted

When salary earners face the problems such as timely payment of bills at the time when there is not sufficient cash in hands, they generally want to take out a payday loan. These loans provide the much-needed money in a few minutes for the same day use. However, some borrowers have a bad credit history, which is a big hurdle in borrowing the money just when you need it the most. But the lenders usually do not want to lend money to the people who are blacklisted. These are the borrowers who have repeated payment default cases against them. So, they are a risk for the lenders. But that is not the case in borrowing personal loans for blacklisted as these loans are specially delivered to the people who are blacklisted by other lenders.

At personalloansforbalacklisted.co.za, we understand that even blacklisted people also need money to pay off some bills urgently. There are some unforeseen expenses to be met with the help of these loans. So, we have an especial penal of lenders who provide loans to the blacklisted borrowers. Such loan seekers carry a bad credit history and a very low credit score. But these lenders are willing to take risks. They provide the cash on the basis of the blacklisted borrower’s existing good repayment ability.

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Conditions for the Loan

While personalloansforblacklisted.co.za arranges the loan for the people with severe bad credit history and blacklisted people, there are some easy conditions to be met as well.

While personalloansforblacklisted.co.za arranges the loan for the people with severe bad credit history and blacklisted people, there are some easy conditions to be met as well.

  • You must be a resident of South Africa
  • You must be above 18 years of age
  • You should preferably be employed
  • A bank account in your name is also a must

With these conditions met, you are eligible to get the cash on the same day despite your status of being a blacklisted person. So, even if you defaulted on loans in the past, a new cash loan is still very much a possibility for you to take out.

If you have no job at hand currently, you can get these personal loans for unemployed through our service. Our panel of lenders provides loans to unemployed people also if they can prove their sufficient repayment ability.

No Credit Checks

If you are a blacklisted person, there surely are many payment blemishes recorded in your credit history. Such borrowers have many late payment and payment default cases in their name. Many of them have filed for bankruptcy as well. This means that they are high-risk borrowers. Their credit score is also way lower than the normal level. But that does not mean that you do not deserve some cash for a short period.

We arrange the lenders who do not many any credit checks on the borrowers. These lenders who provide personal loans with low credit score are, in fact, will approve you the cash right away. Your past cases of multiple delayed repayments, defaults, and bankruptcy are not at all a hurdle. You are assured of the cash when you need it.

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The Loan Amount you Get

Despite being a blacklisted borrower, we can arrange a cash loan that can pay back your urgent bills on the same day. A typical range of the cash loans for blacklisted people is R500 to R150,000. The lender will approve an amount of loan that you have applied for. But your existing repayment ability must also match. Your current salary cheque will be a big factor also.

So, all you need to do is to prove that you can repay the loan on your next payday. To do this, send your bank account summer of last three months. You also need to send your salary slips of last three months to the lender using our online loan application. If your repayment ability is good enough, the lender will surely deposit the cash in your bank account within minutes for the same day use.

Repayment Duration

You get personal loans South Africa for a short period of a few weeks until your next payday. So, if you borrow the cash just one week ahead of your next payday, you can return it shortly from your paycheque. Therefore, repaying the loan is never an issue for the borrowers.

However, you should avoid extending the loan for many more weeks. These are expensive loans that sometimes may be a burden on your smaller paycheque. So, a golden rule while borrowing the cash is to repay it just on the day, or before, fixed by the lender. This way, you can avoid paying more interest charges to the lender.

Unsecured Loans

Another thing to note here is that personal loans for bad credit and blacklisted people are unsecured loans. This means that there is no need for a risky borrower to pledge anything with the lender against the loan. So, you have no risks involved in borrowing the cash. This risk is of the lenders. This is one of the reasons behind high-interest rates of such loans.

How to Apply

At Personal Loans for Blacklisted, we have made loan availing an easier process. We provide you our online application form right at this site. You will submit your name, loan amount, address, etc details to us through the application. Once we get the application, we will forward it to our panel of lenders who provide the loan to the blacklisted people.

The lender will send you an email or give you a phone call about the approval of the loan. You need to respond with your acceptance of the loan. After that, the lender will deposit the approved amount in your bank account in a few minutes. This way, you get blacklisted personal loans for bad credit people in the same day.

So, get your online application for cash loans started with us at Personal Loans for Blacklisted with us. We will quickly process it and our lenders will deliver the loan in your bank account for the same day use. Do not delay your bill payments and instead borrow the cash through us without hurdles and hassles.

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