Loans For South Africans

Personal loans are easy obtainable in South Africa.  People who got financial problems due to the severe economic stress we all had to experience in our country can get back on their feet again.

You can apply at any micro lenders in South Africa who specializes in loans for bad credit.
 

Loans for Bad Credit: What does an unsecured loan mean?
 

These loans are unsecured micro loans. They mostly concentrate on helping people earning a monthly salary.  They differ from a personal loan from the bank as you need no security in applying for this type of loan.

Yes most of them are able to do that as they usually have different products to offer to these clients that have no blemishes on their name.

Who can apply for these loans?

If you are between the ages of 18 and 65 you can apply, as long as you are permanently employed and your salary gets paid electronically or by internet into your bank account

What documentation is needed

1. Your latest month’s salary advice.

2. Latest 3 months bank statement where at leas three salary deposits appear.

3. Clear id copy
 

No, in most cases it is not necessary as the documentation can be send to them email.    So no need for you to run around, they will do the “running around” to find you the best product to suit your needs.

 

Can they help everyone – Yes, if they met the minimum criteria required on these loans

 

People under administration – unfortunately not
Under debt review – no
Bankrupt/Insolvent - no
 

These people are committed in helping people in financial need by means of their loans for bad credit.  Never be ashamed to approach them as they really have your interest at heart.

 

Please beware of the unregistered “loan sharks” and only use people who’s companies are registered.