Low Credit Loans is a South African brokerage that allows applicants to apply for personal loans of up to R 150 000
Loans for people with a low credit score
Our Low Credit Loans option provides help for people with a poor credit rating.
Simply complete our easy online application form. We work with a number of nationally recognized lenders. Let us do the running around to secure you a loan. Our service is Free. We do not charge to find you a loan.
The application process only takes a few minutes. All it requires is for you to be a South African citizen with a monthly income of R3000 or more.
Loans for Blacklisted
Should you need to apply for a blacklisted loan do not approach the banks for they will not give a loan if you’re blacklisted. To get approved by the banks is very difficult as there criteria for qualification is too difficult.
There are a ton of options, online and perhaps around the block, for getting a quick loan, but not all are wise choices.
Our Lenders are far more Lenient than the Banks and we have managed to assist hundreds of clients that were refused by the banks.
Fees & Rates
Our service providers always tell you upfront what the cost of your loan will be. There are no catches or extra costs to worry about, providing you stick to your side of the deal. Our short term service providers have an annual interest rate of 32.10% to 60% APR, with repayment terms from three months to a maximum of 6 months. Personal Loans you have up to 60 months to pay. They also show you an example of the cost of an average loan to show you a clear breakdown of interest and fees. Included in this is their R57 per month service fee that helps cover the cost of the administration of your account and an initiation fee which all fall in line with the NCA. All of this is shown upfront so you can judge the cost of a loan before you accept your quotation. Fees include 14% VAT