Personal Loans – Getting Back On Track

Personal Loans – Getting Back On Track


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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Personal Loans – Getting Back On Track

Have you found yourself in a situation in which you have accumulated an amount of debt that you feel it will be impossible to repay? Billions of people around the world have accumulated debt that spirals out of control. Maybe you have student loan payments, car payments, and home loan payments to make and one day you find yourself in the unfortunate situation that you are unable to make your payments on time. Maybe you lost your job or incurred medical expenses or had to put unexpected repairs on a credit card. Before you know it, your credit score plummets and you find yourself blacklisted. Do not despair. It is always possible to take control of your debt. Blacklisted loans are here to help people in your exact situation. blacklisted loans in SA

What Are Blacklisted Loans?

Blacklisted loans are, first and foremost, loans designed to help a person with bad credit consolidate their debt by using the money to pay off previous debts so that they only have one payment to make. You can also use these loans to cover situations such as car repairs and student fees or school fees. Even if your name has been blacklisted because of bad credit, you can qualify for a blacklisted loan as long as you are 18 years or older, and you have a steady job and a bank account.

How Do Blacklisted Loans Work?

When you are applying for blacklisted loans you will be required to give your bank account details and to prove your identity, age, residence, and employment. Most of the companies that provide blacklisted loans will not conduct a credit check. Depending on the company providing the loan, you may be required to conduct an interview by phone. Upon accepting your application, the loan provider will discuss interest rates and payment plans with you and set one up depending on your budget. The terms of the loan will usually require a full repayment in a period of 12-72 months. Keep in mind that interest rates for these loans are generally high as they are designed to be used as a last resort for debt consolidation or emergencies.

Benefits of Taking a Blacklisted Loan

Though the interest rates of blacklisted loans are high and the period of time to pay back a large sum of money is short, the benefits of taking a blacklisted loan can be great if you use the loan responsibly. Avoid taking a blacklisted loan unless it is completely necessary to do so. Taking a blacklisted loan to consolidate your debt, if done in a responsible way, can save your credit score and lift some big financial burdens from your life. Blacklisted loans are designed to help a person overcome with debt to get back on their feet and re-build a good credit score once again. However, if you take a blacklisted loan and treat it irresponsibly by buying unnecessary things and neglecting the payments, your credit score will plummet further and you will have a very difficult time in finding financial assistance for anything in the future.