Can I get a bank loan for bad credit?
If you have recently applied for a bank loan and been turned down because you are not eligible, it’s likely that you have a bad credit score. Because of tightened lending restrictions in South Africa, banks take credit score seriously when determining your ability to repay your loan. Even one missed payment can affect your credit score and get your loan application denied. We, however, use employment and monthly income to calculate an affordability score for you. So when you apply with us, you don’t have to worry that your credit score will stand in your way because we’re able to provide a bank loan for bad credit.