Getting a loan if you are blacklisted in South Africa can be a daunting task. The National Credit Act restricts the granting of credit for blacklisted individuals in South Africa,
Some lenders provide loans for individuals who are blacklisted and some have options for individuals who are waiting for pension pay-outs or lump sum pay-outs. These pay-outs can take some time to be processed, but the bills may be piling up.
Documents you may need to apply for loans for blacklisted in South Africa:
- Valid South African ID
- A copy your
- One months’ bank statement