Bank on a construction loan – bad credit applications accepted in South Africa
A construction loan is what you’ll need if you’re building or renovating your home. The process can be a long and expensive one, and often borrowers have to fight tooth and nail to prove to their banks that the loan will be put to good use. Construction loans are therefore not easily given to those consumers who have a bad credit history – as the risk to the lender is already high enough, without the added problem of a borrower’s history of unreliable repayment behaviour. Rather contact us for a loan, your bad credit applications are accepted in South Africa.