Are there bank loans for people with bad credit in Cape Town?
Banks in Cape Town follow the same lending restrictions and guidelines as those in the rest of South Africa, as determined by the recently instated consumer protection act. This means that consumers with bad credit are unlikely to have their loan applications approved, unless they have a substantial form of collateral to put up against the loan. However, we specialise in bank loans for people with bad credit in Cape Town, by tailoring our evaluation system to weigh up your employment and income as indicators of your ability to repay us. Get in touch today for instant approval on your loan.