There are different reasons people get blacklisted. But one thing that is definitely common is that this can be an unpleasant position no one wants to get in. Many people, due to unforeseen circumstances, were not able to pay back a previous loan, and have been listed on the credit bureau as a bad payer. An implication of this is that they are hindered from qualifying for any future credit if they won’t settle out standing accounts.
But the fact remains that there is still light at the end of the tunnel, as there are still loans firms offering r30000 loan for blacklisted in South Africa. These firms usually offer loans for blacklisted folks with no issues, as they don’t have very strong and rigid requirements. Some of them don’t mind if you are not a home owner, and you can even still apply for some even if you have a court judgment against your name.
How To Get r30000 Loan For Blacklisted South Africans
Even if you have been blacklisted, you can still apply for loans via these mediums:
This is a well-known brokerage with a whole lot of experience in the credit industry that help anyone to get PERSONAL LOANS that is well above R30000. They also serve people who have been blacklisted, but are still in need of a loan for whatever reason.
Qwiekfin will apply for you at their panel of lenders, and it is interesting to know that all are duly registered with the NCR. One of the nice things to note here is that there are no upfront fees. Creditors will only have to pay at the end of the month after processing their loan application. The platform already have a system in place which can be utilized to confirm necessary checks, and the loan process will be fast tracked.
For more information, you can always contact their representatives, to particularly know things such as their annual percentage rates
This is another prominent broker in South Africa that provides loan finding service. Hence, they are not a direct lender, but can be effective and helpful to folks who have been blacklisted. Therefore, dealing with this platform, you see that loan terms and policies vary by lender, as well as your own qualifications as an applicant.
Many of their lending partners will easily offer you up to r30000 loan. If you need something more than this (let’s say up to R200,000 loans), not all will give up to that. It should however be added that not everyone who applied for a loan will get what they applied for, since different things are considered.
We must also add that loan repayment periods here vary by lender (some are longer than others). Additionally, aside the fact that missed loan payments can be subject to increased fees and interest rates charged by the lender, they also have the liberty to employ collection services for non-payment of loans.
Finally, you can only apply here if you are over 18, and it is very important that you take out time to read the terms and conditions before applying.
3. ATARA Finance
You can also get a loan from ATARA even if you have been blacklisted, and it doesn’t matter where you are in South Africa. This company prides itself to have a high approval rate, and you won’t have to submit a whole lot of info before you can be considered.
It can be annoying if you need a loan for something very urgent and you discovered you can’t really get it. You may want to pay up outstanding debts, school fees, get a vehicle, or just anything else. You therefore can utilise ATARA. Their service is completely free. That is, applicants won’t be charged a fee to apply or pay out applications. As far as you are a South African citizen, you are above 18, you are employed (earning at least R 5000 per month), and you have a bank account, you are good to go.
You can also get a loan through this platform even if you have been blacklisted. They have in place blacklisted loans that been particularly made for those blacklisted and with bad credit scores. If you fall into this category, you can thus come in.
Blacklisted Loans can supply you with a loan which can be utilized for cash emergencies and anything you need money for. In fact, this company claimed the rates they offer are not as high as what other lenders are offering to blacklisted folks. On its website, it was written that they are interested in approving every loan application made with them.
Like others, it is completely free of charge to apply and get a loan here. The organisation also has agents that will ensure they do all it takes to find you a loan that suits your personal needs. It was also promised that each online loan application will be processed with the highest privacy.
Those who want to know how to get r30000 loan for blacklisted South Africans can easily take advantage of any of these platforms to get their loans. It is however advisable that you should be careful of the type of company to settle for, because there are many mischievous folks out there taking advantage of people in vulnerably situations.
If you have been blacklisted, you can still get a loan with these guys, even with your bad credit scores. Nevertheless, we can’t stop talking about the need to work with a company that is transparent and reliable, and be properly familiar with their terms and conditions. You should give priority to companies offering unsecured loans – who won’t expect applicants to use any of their assets as security.