If you are feeling financially defeated, do not let it get the best of you. All hope is not lost. Being blacklisted does not mean the end of your ability to borrow money. Blacklisted individuals can still take out loans and regain control of their finances. Specialised loans for blacklisted people can help and make taking out a loan possible for them.
Many people are distraught when they are blacklisted, but there is a light at the end of the tunnel, so do not lose sleep. Getting a loan when you have a poor credit rating can be tough, but with our loan model, it is possible. We can ensure a quick and easy application and authorisation, regardless of your current credit score. Taking out a loan while you work towards a better financial status is possible with the assistance of XCELSIOR.
If you are blacklisted and you require a loan, you do not have to be a homeowner or even be employed full-time. We will not put you through the tiresome process of an affordability assessment, financial background checks, and filling out pages or paperwork when you apply for a loan with us. All you need to do is provide us the details of your collateral and we will take it from there.
What vehicle can you use for suitable loan collateral if you are blacklisted? We accept cars, bakkies, trucks, SUVs, motorbikes, and jet skis. If the vehicle is in your name, is paid off in full, and is in good working order, you can qualify for a loan with us. The car must be assessed by our knowledgeable assessors, but this is a quick and easy process and if you agree with the final figure attached to the vehicle, we can offer to loan you up to 50% of that value. The loan amount may be between a minimum of R5000 and a maximum of R500 000 and we recommend that you only apply for the amount that you need.
Being financially free is about more than just being able to acquire a loan; it is about being able to manage the loan contract once it has been granted. This is the perfect opportunity to rebuild your credit score. Make sure that you can afford the monthly repayments and try to make the payments on time or before the required time each month.
Applying for a loan with us is free. All you will need is your collateral vehicle, a valid South African ID, and proof that you reside within the country. The process is simple, even if you are blacklisted. You can kick-start the loan application process via our website or telephonically, from home or work, when you have a spare moment. One of our consultants will be in touch with you to complete the process and ensure that the cash is paid into your bank account, usually on the same day. In fact, it should not take more than 45 minutes after approval is granted for the money to be made available.
If you are looking for assistance with loans for blacklisted individuals, make sure to take the time to consult with the professionals at XCELSIOR. We will ensure that you are assisted every step of the way on your journey to a better financial future.