Bridging finance is available from Absa, Capitec and FNB bank in South Africa when you need a temporary loan. A short term loan from these banks will help you cope until you receive the payout of funds you are expecting. Bridging finance from Absa, Capitec and FNB comes in the form of: Absa Personal Loans Absa Instant Loans Capitec Term Loan FNB Personal Loan This may also interest you: Bad Credit Personal Loans For Blacklisted People What is Bridging Finance? Bridging finance is a short-term loan designed to provide quick access to funds, typically used to "bridge the gap" between a current financial obligation and a future inflow of funds. It’s commonly utilized in property transactions, where buyers need temporary financing to complete a purchase while waiting for long-term funding. Such as the sale of another property or securing a mortgage. Bridging loans tend to have higher interest rates due to their short-term nature and the urgency of the funds. But they offer flexibility and fast access to capital when time-sensitive opportunities or challenges arise. Absa Bridging Finance Absa bridging finance isn't specifically a bridge loan. However you can get a personal or instant loan from Absa depending on your… Read More

Can you get a loan in South Africa if you are not working? Yes there are loans available for unemployed people with no income. You have to think slightly differently than normal as there are a few finance options available. Loans you can get if you are not working include: Pawn Shop LoansLoans from Private LendersMicro Loans Being unemployed can be stressful when there's no money coming in. Because of this some people make unwise decisions on their financial situation. Unemployment figures in South Africa for 2021 are not available yet but you can check the latest figures up to the end of 2020 here. You can see the unemployment rate in South Africa according to these statistics is 28.48 percent. Borrowing money without a job is certainly possible with these loans. However it is our position to remind you to be careful what you are applying for as well as who you borrow from. Because there are plenty of private loan sharks in South Africa that offer quick cash with no paperwork. Therefore avoid them. Advantages of Loans for Unemployed People: There are no Credit ChecksNo PaperworkYou can get cash quicklyNo Bank StatementsQualify without proof of income Get A… Read More

The Cash Crusaders 30 day loan gives you instant cash in an emergency or whatever you need to borrow money quickly for. This is an ideal solution to get a fast loan even if you have a bad credit record in South Africa. With a 30 day Cash Crusaders loan people ask: How much can I borrow from Cash Crusaders?Can I get an immediate cash loan?Does Cash Crusaders do a credit check?Can I get a loan without a bank statement?How do I apply for the Cash Crusaders loan? How much can I borrow from Cash Crusaders? You can borrow amounts up to R15,000 with the 30 day loan at Cash Crusaders. Fees and charges apply to any kind of borrowing and it's no different in this case. Of course the higher the loan, the more interest you will pay. However even if you borrow the maximum amount of R15,000 you still only pay back about R2,000 on top of the amount you borrow. This is pretty reasonable for a quick cash loan for people that may have bad credit in South Africa. Whatever the total amount you wish to borrow you can work it out exactly online using the Cash… Read More

If you are unsure of how to clear your name when blacklisted. There are a number of steps that you can take. Check your credit report Checking your credit report is crucial if you have discovered that you are blacklisted. Because there are laws that bind creditors and blacklisting debtors. Firstly, if you get your credit report and you are on a blacklist for an amount owing to a creditor. If that is more than three years old, then the creditor legally has no right to do this. This money will have been written off as bad debt in their books. Therefore they will receive a tax break on this money. So they cannot blacklist for this amount. Clear your Name after Being Blacklisted and Check your Credit Report The credit bureaus in South Africa, Experion and Transunion, can provide you with your free credit report. Once a year in the month of your birth. These reports are free. Any further credit reports that you require during the year will need to be paid for. Read More: Ways to Find Out if You're Blacklisted This really is a nominal fee. And can save you a lot of money in the… Read More

Obtain bad credit personal loans while blacklisted - it is possible! There are a number of micro financiers who help those who are blacklisted. To get finance in order to help them clear their bad credit history. Read More: Ways to Find Out if You're Blacklisted . However it is imperative that you be extremely cautious when you apply for a loan. Due to the fact that for any reason should you not be able to pay off the loan in question. This will further reduce your chances of improving your credit history. Another important factor to consider when looking to take out a personal loan even though you are blacklisted... Is the amount of interest you will pay on the loan. Many who obtain bad credit personal loans while blacklisted end up paying exorbitant interest rates on the loans. Due to the high interest rates, many people will not be able to pay back the loans as agreed upon. Loan Sharks in South Africa Another thing to watch out for in South Africa is loan sharks. These people have a reputation. These people will offer you the world. Then give you an unreasonable time frame in which to pay… Read More

If you have had trouble with debt in the past you may need financial help and direction while blacklisted. If you have experienced difficulty in making your payments in the past. You will probably struggle to get any reputable financial service provider to approve any sort of loan. Or credit card or account for you. Read More: Ways to Find Out if You're Blacklisted If your blacklisting has just been lifted. It is a good idea to learn how to manage your money and your financial situation in general. So that you do not find yourself in trouble with debt again or at all. While you are blacklisted you may require a loan for some sort of emergency or essential situation. Even if you are in financial trouble there are some financial service providers who will help you. But it is definitely something you should avoid if you can. Financial Help for Blacklisted - What is the blacklist? The blacklist is a list of red flagged individuals who have instances of non-payment against their names. Registered financial service providers or credit providers do have the ability to put your name on this list. But only if you have not made… Read More

Highspeed loans for blacklisted people offer quick cash in an emergency when you have a bad credit record. In case you ever find yourself in a position where you need to borrow money but the usual lenders will decline your application. Or if the banks keep declining your loan. Companies who offer loans if you're blacklisted: Money South AfricaDot LoansFinsap Loans (Pty) LtdDirect AxisLoans DirectJust LoansMega Cash LoansTA ConsultingMCS Loans There are of course other loan providers who will help you with highspeed loans if you are blacklisted. But it is important to understand what you are getting yourself into. Make sure that you stay out of danger of getting in over your head. What if you desperately need a quick loan while blacklisted? If you find yourself in an emergency where you desperately need a highspeed loan while blacklisted. It would be advisable to rather borrow from a family member. Who would be unlikely to charge you extortionate interest rates. And it would keep you and your finances safe from loan sharks. However, if this is not possible, there are financial service providers who will offer quick loans for blacklisted people. Many of these companies will not do credit… Read More

About one in four South Africans is currently blacklisted, meaning that around 25% of the population has a bad credit history. Being black listed can restrict your financial freedom as lenders will view you as a high risk customer and loans will be harder to come by. If you do manage to be approved for a loan with a bad credit record, the interest you pay will be higher so it is important to know your credit status and avoid non-payments that will be reflected on your credit history. How does one get a bad credit history? There are a number of non-payments that can have a negative effect on your credit history: Defaulting on loan payments (car, home, business, personal etc.) Violation of the terms and conditions of a loan Failing to make regular credit card payments Being in arrears for any account payments Filing for bankruptcy Purchase contracts Retail store accounts A lender can choose to blacklist you if you fail to pay your dues. This will be registered by the National Credit Bureau to warn other provider and lenders that you are a potential risk as a customer.     How can I access my credit record?… Read More

Can you get car finance in South Africa without a driving license? Or can you buy a car without a license? We look at these questions that South African drivers are asking. According to South Africa law all motorists who operate and drive a vehicle must have a valid Driving License. But does that mean that you cannot buy and finance a car without a Driver’s License? In short the answer is yes you can buy a car without a valid Driver’s License. But no you will likely not be able to get car finance without a driving license in South Africa. For example have you bought a new TV recently? If so you would have noticed that the shop requires you to show a valid license before purchasing a TV. This is to prevent people from watching TV without paying their license. With cars, you can buy and register a vehicle (with cash) in your name without a valid Driver’s License. Sometimes the dealer may ask if you can prove that someone with a Driving License is the insured driver of the car. Before selling you the vehicle. According to the South African Road Traffic Act, unlicensed drivers can… Read More

Can you get a car loan if you are blacklisted in South Africa? How do you get vehicle finance with no deposit to pay? There are ways to borrow money if your credit score is low. So If you have had trouble with debt recently but you desperately need to buy a car take note of these car loans available for people with a bad credit record. Car loans for blacklisted people to apply for in South Africa: Use your bond or home loan to finance your car Inhouse finance from vehicle dealerships Blacklisted personal loans There are many other options for financing a vehicle if you are blacklisted. But these three are some of the most likely options. Whatever option you choose it is absolutely essential that you do not get further into debt. Therefore make sure that you can afford what you are signing up for. And that you always pay the payments in full every month without exception. This may also interest you: Clear your name when Blacklisted Use your Bond or Home Loan to Finance your Car If you have an existing bond or home loan on your property you can apply to borrow money on… Read More