If you have a poor credit history, you can still get loans in South Africa. There are non-traditional lending institutions as well as online lenders, and they are made specifically for people with a bad credit history. While they may not be the cheapest option, having a loan option is always better than feeling completely alone. Here are some tips on how to get approved for a loan with bad credit. Firstly, always remember to plan your repayment before applying.
Quick loans are easy to apply for in South Africa. You can apply online through online banking, Apps, r200 000 personal loan or a loan application form. All you need is your FICA documents and a payslip. You can have your loan approved within minutes. Often, the more documentation you have, the better. This way, you can get the money you need faster. A few easy steps can save you time and money.
One way to apply for a loan without a bank account is to apply for a cash advance online. Many companies offer cash advances that can be as much as R2000. You can get your money the same day, which is ideal if you need it quickly and have a poor credit history. You will have the money you need in less than 48 hours. In addition, if you need a large sum of money, you can apply online for a loan from an online lender. It may be hard to find a bank that gives instant approval, but there are some great options out there.
Once you have decided on the amount of money you need and the repayment duration, you can apply for a loan online. You can choose your loan from several agencies by entering the information you have on your application. You can even choose to receive a call from an agent if you have any questions or need clarification. Typically, you will have to provide proof of residency, a bank statement, and possibly other documents to qualify for a payday loan.