Global Finance Loans South Africa

Global Finance specializes in getting loans for blacklisted people, and if your bank has declined your loan, then you may think that you have no other choice. But, you do have choices and no matter what your credit score or how many black marks exist on your credit record, you cannot be discriminated against just because you want to apply for a loan with bad credit. 

Global Finance loans in South Africa can provide you with a no obligation quote in minutes and this makes everything on your part less time-consuming and highly advanced. Their goal is to provide people with unsecured bad credit loans that meets their needs and expectations. You will get much better results and lots of options that is not easily available anywhere else.

Many people suffer from stress once they are blacklisted as they think there is no more hope for them. Well your sleepless nights may be over, as there are many lenders that specializes in loans for blacklisted people.

These loans are designed for people who have blemishes on their credit record and for people whose accounts are in arrears. Such loans have an advantage as you don’t need security to qualify for a debt consolidation or a personal loan.

What Are Unsecured Loans?

Unsecured loans simply means that you don’t need a home or any other assets to qualify for a loan. Lenders using slightly different criteria to grant loans for blacklisted people.

In most cases these loans have a higher interest rate due to the higher risk that the lender must carry. But, despite these apparent disadvantages, they do have many advantages such as more lenient qualifying criteria.

These loans can be obtained through micro lenders throughout South Africa. The documentation needed is usually proof of income, identity document, proof of residence and bank statements.