Can I get an online bank loan for bad credit in South Africa?
The lending restrictions in South Africa have been restructured in the wake of the new consumer credit act. This means that consumers with bad credit records or blacklisting will have a difficult time getting loans approved by banks and other financial institutions, who see them as a risk. Consumers with bad credit are therefore often discouraged by the prospect of being turned down for a bank loan, and ultimately give up. However, these consumers should consider an online bank loan for bad credit in South Africa. Application is simple, we do not require a perfect credit score, and the loan is approved almost immediately.