Basically bad credit or low credit score can be divided into two explanations. The first: You have been active in the credit market, but due to unforeseen circumstances like losing your job, or some financial difficulties, you have not kept your accounts up to date or have neglected to pay your accounts.

The second: You have never had credit before and therefore there is no information to base your credit rating on. Having no credit or poor credit is a major stumbling block to getting a loan because you are viewed as a high risk customer who might default and leave the credit provider struggling to collect the loan repayment. It is a known fact that until your credit score is top notch, you won’t fit the standard lending guidelines that banks have to follow.

However, we assist hundreds of clients every month in obtaining loans even if they have bad credit, or low credit scores but off cause we can only assist if you will be able to afford to repay the loan and you pass our income and expense verification as well as some business rules that is in place to protect our credit providers.

Here are five providers that provide Loans for Blacklisted People:

  • Mr Cash Loans
  • SA Loan Services
  • Budget Cash Loans
  • The 1 Hour Loans
  • Legal Loans

When you are in a financial bind, you need a quick response from a loan company who can understand the serious nature of your predicament, whatever it may be. It’s a good idea to ensure that whoever you speak to when it comes to acquiring a personal loan, that the financial institution they are connected to, is registered with the National Credit Regulator (NCR).