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#Loans 4 bad credit ^ #Video

#Loans 4 bad credit ^ #Video

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Loans 4 bad credit


Bad Credit Loans

If you have bad credit and want to acquire a loan then you may have been refused because of your credit score. If you need extra capital then a bad credit loan could be what you are looking for as they are created specifically for people with a poor credit score in mind. Not only will you have access to the money you need but as long as you stick to the loan agreement they can be used to rebuild your credit rating. If a bad credit loan is what you are looking for then make sure that you compare as many different loans as possible before you apply. The interest on these loans will vary and some can be a lot more expensive than others. Bad credit loans are offered by many lenders in South Africa and we have listed below some of the top loan providers on the market. Use the chart to compare all the features of each loan to find the one most suited to your lending requirements. It is extremely important to read all of the terms and conditions for any loan you might apply for. Some loans may have certain charges which you might not be aware of. It is also sensible to understand the detail of any financial obligation you are getting into.

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The term annual percentage rate describes the interest rate for a whole year (annualized), rather than just a monthly fee/rate

LOAN AMOUNT

Amount you can borrow

Minimum borrowing period

Maximum borrowing period

Terms and conditions of loan

Applicants the loan is suitable for

RESTRICTIONS

Restrictions regarding potential borrowers

SECURED LOAN

Loans secured with an asset

UNSECURED LOAN

Loans which are not secured with an asset

Wonga

South African ID number,over 18 years, employed and a bank account in your name

For those seeking a short term financial solution to a short term cashflow problem

Restrictions

You must be employed and have a South African ID number in order to qualify. You must be over 18 years old and have a bank account in your name

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