Personal Loans South Africa
Amount of Credit R5000 for 3 Months
Total Repayable R5915.72
Representative APR 9.8 to 21% (Variable)

Personal Loans for Bad Credit

Most salaried class of people depends on their next payday to pay off bills. Finding out some cash becomes difficult sometimes to meet unforeseen expenses on the same day. But they can borrow some money right away from personal loans South Africa lenders. These lenders especially approve a smaller amount of cash in a few hours for the people who need it urgently. Sometimes, you simply need the money to avoid late payments towards bills. If a bill is paid back late after its due date, it is recorded in the credit history adversely. Therefore, it is better to borrow the cash instead of delaying the payments.

However, some people think that a personal cash loan in the same day may not be available to them due to their bad credit history. They made mistakes in the past by making repeated late payments or defaulted on payments. Such a borrower is a risk for the lenders. But that is not the cash with personal cash loans.

At Personal Loans for Bad Credit, our expert penal of lenders will evaluate your loan application. They will approve your application as quickly as it is possible, preferably within a few minutes. You will not be asked any questions regarding your bad credit history. This means that even if your credit rating is too low and credit score is also very low, you still are eligible to borrow the cash.

No Credit Checks Made

We make sure that the lenders we arrange do not make any credit checks on the borrowers such as you. A disadvantage of credit checks is that it is recorded in the borrower’s credit history and lowers the credit score even more. So, do not worry on this front. Personal loans for bad credit are accessible without any worries about your faulty credit record.

If your existing credit rating and the score are way lower than the normal mark, the lenders are not going to ask questions about it. Even if you filed for bankruptcy, you get the loan in the same day.

Who Can Apply?

There are certain conditions you need to meet for the approval of the cash loans for urgency.

  • Your age should be above 18 years
  • You must be a resident of South Africa
  • You should be earning an income from any employment for last at least three months
  • There should also be an active bank account in your name

But the condition of employment is not strictly applied by the lenders. We have contacts with the loan providers, who give fast loans for unemployed people with bad credit to people who are jobless. The lenders provide cash only on the basis of repayment ability of the borrower. So, if you need money urgently to repair a car or pay back a bill on time, you get the money even if you are not employed. Just submit your bank statement of last three months and the loan will be in your bank on the same day.

How Much Can You Borrow?

So, if you are a risky borrower with a bad credit history, how much cash will the lender approve? Well, as has been said, your repayment capability will be assessed by the lender. If you draw a nice monthly salary, you can be approved for a great cash loan. Another thing to note here is that you get enough cash when applying for personal loan with low credit score. So, bad credit record does not mean that you will be deprived of enough cash for any urgency.

However, the typical range of these loans is good enough to cover most cash needs of salaried people. We have contacts that will approve you a loan amount anywhere between R500 to R150,000.

But you must also keep in mind that these are costly loans for most people. The interest charges are high. So, you should avoid borrowing greater cash that is difficult to pay back from your next paycheque. Borrow only an amount that is easier to pay off as early as possible. You will be approved your desired cash amount despite your bad credit. Even if you are blacklisted by other lenders, you get personal loans for blacklisted as the lenders do not make credit checks on any borrower.

When Can You Repay?

Loans for bad credit people are short-term loans. These loans are approved for a very short period of one to weeks until your next payday. You can repay the loan when you get the salary in the next month. But make sure that the lender knows the date of your next paycheque. That day will be fixed as the date for repaying the loan. This way, you can repay without any fear of delay.

One of the advantages of such loans is that a timely repayment of the loan is recorded in your credit history. This means that your credit score will move up due to the timely repayment.

Do You Need to Put Anything Against the Loan?

Personal loan for poor credit online for emergency purchases are payday loans. The lenders will not ask you to put anything as a security against the loan. These are short-term unsecured loans. So, do not worry about risking any of your smaller property as the lender will not ask for it. The loan amount is smaller and so the risks for the lenders are negligible.

How to Apply

At, applying for the cash loans is easy. All you are required to do is to fill our online application at this site with your personal details. Give your name, address, and loan amount etc in the application. We will forward it to the lenders who understand your urgent cash requirements. They will approve the loan within a few minutes. The loan amount will be in your bank account in a matter of minutes for its same day use. So, get your online application for the personal loans started with us right away and have the cash in quick time for an urgent payment of bills.