Loans for blacklisted people – Getting Back On Track

Loans for blacklisted people – Getting Back On Track

BAD CREDIT RATING LOANS

It’s no secret that more and more people are being blacklisted for debt that they cannot repay in time. Unfortunately this leaves you with a bad credit record, which can prevent you from being approved for future loans.

Some people find it challenging to pay everything on time so they simply leave the account to incur more debt.

But how do you get out of this?

Easy – make the right decisions and try to repay your loans as soon as possible. If you cannot repay the full amount, talk to your lenders and arrange for a suitable repayment option. They will likely agree to a repayment arrangement as they also want to get the money back that is owed to them. This means you have a chance to repay your loans at a comfortable rate that you will be able to uphold.

Consolidation loans for blacklisted people

Some people consider consolidation loans for blacklisted people, thereby having only one payment per month to make. This may sound like a good idea but always weigh your options first, before you make a decision. If you cannot comfortably repay your current loans, you might not be able to repay the consolidated loan either.

If you don’t really need a loan, rather let the option pass. It’s better to wait until you can comfortably afford it, without having to make arrangements that you cannot keep. This is also a great way for you to get out of debt first, before you undertake another loan. If you can repay a private loan but you are blacklisted, you might qualify for a blacklisted personal loan from certain loan providers.

Never buy something you cannot afford – but it’s also important to know that debt often happens unexpectedly. In that case, always consult a professional and find out how you can make the most out of your situation and become debt free.

Blacklisted loans are not only meant for consolidation of debt. You can use it for car repairs, home renovations, school fees, and many more.

Whether you need a short term loan or a long term loan we are here to help you and submit your application to our panel of lenders, who will then contact you within a few hours – 24 hours after we have received your application.

Cash Blacklisted Loans

Cash Loans for people who are blacklisted are easier than you think!

Simply visit our website to apply for  online blacklisted loans by a leading blacklisted loans company in South Africa.

For more information on our other services that include insurance claims administration support and reduction in traffic fines – click here.

 

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Loans for blacklisted people – Getting Back On Track

Getting out of Debt Over the last few years, more and more people have accumulated debt. It’s often quite a challenge to get everything paid and for many people it simply feels like a cycle that will never end. Then there’s the bad credit record that threatens you, which is also something that people want to avoid as much as they can. Luckily, there is always a way to get yourself out of debt. Should I Take up a Loan? This is a question that many people want an answer to. People often consider taking up a consolidation loan to repay all their separate accounts, thereby only owning one payment each month. While it might be a great idea to consolidate your debt, always make sure that you weigh your options and get professional advice; you don’t want to end up with a bad credit record and even more debt. Avoiding a Bad Credit Record It’s important to try and avoid getting a bad credit record as this can have a negative influence on any future personal loan or account applications. Always try to work out a payment plan with your creditors – a smaller monthly payment is better than no payment at all, so try and settle for an amount that you can afford. Make sure that all of your creditors get something every month to avoid unnecessary penalty fees and unnecessary interest rates. Put all of your effort into paying off your current debt before you ever consider buying anything on credit again. As a rule, don’t buy anything you can’t afford – but with that being said, debt is often something that happens unexpectedly, whether it’s due to loss of income, or even interest rates that you did not take into consideration. Ask for professional advice before you make any radical changes and work out reasonable rates with creditors.

Online blacklisted loans

What if you are already blacklisted on ITC? This is an unfortunate situation, but by no means does it have to be a desperate one. It is still possible to qualify for a private blacklisted loan.

What is a blacklisted loan ?

Quite simply, a personal loan for people blacklisted on Credit Bureau’s. How do I apply for a loan when I am blacklisted? You can apply online with us in three easy steps.

What are the requirements for a blacklisted loan?

You have to be older than 18 years and be a permanent South African citizen. You must also  have your own bank account, be employed and earn a minimum monthly salary of R1500 pm. Repayment Period You can repay your loan between 12 – 72 months depending on the amount you qualify for and how much you can afford to repay monthly. Can I get a blacklisted loan for things like car repairs? Of course you can use your loan for car repairs. In fact blacklisted loans can be used for many things : consolidation of debt, student fees, school fees, Apart from loans we also offer other services that  you might be interested in. For our insurance claim support and payment of reduced traffic fine assistance

Easy cash blacklisted loans