If you find yourself facing unexpected expenses or emergencies, and have no savings to fall back on, you will undoubtedly feel stressed. Unfortunately, these trying times give us no warning and it can often be tough to get financial assistance in a hurry. The whole process of applying for financial aid is even more challenging for those who are blacklisted. Loans for those who have judgements against their names are almost impossible to obtain, especially from banks and similar financial lending institutions.
At XCELSIOR, we do not want to make the loans process difficult for you. We want nothing more than to ensure that you can obtain the required cash when you need it, with as little hassle and fuss as possible. With this in mind, we offer loans to individuals without doing background checks and also ensure that those who are blacklisted are provided the opportunity to receive the cash that they need.
Of course, there are always terms and conditions when it comes to loans. At XCELSIOR, we only offer loans to those who have a vehicle to use as collateral. What sort of vehicles do we accept as collateral? We accept cars, bakkies, motorbikes, SUVs, trucks, Jet Skis and similar vehicles. If you are not sure if we would accept your specific vehicle as collateral, we welcome you to get in touch with us to discuss your vehicle and the options available to you.
When applying for a loan with us, we will need to assess your vehicle to determine its value before we can present you with a loan offer. We can loan a minimum of R5 000 to you or a maximum of R500 000. Of course, we can only offer you 50% of the total of your vehicle’s value as a loan amount. You can elect to repay the loan in a lump sum or you can pay it off in set monthly fees – the choice is yours. We will store your vehicle safely at our premises until such time as your loan amount is settled. In the event of you not being able to repay your loan, we can sell the vehicle to cover the costs. Any additional profit made on the sale of the vehicle will be paid back to you – we always have your best interests at heart.
If you are looking for blacklisted loans, then look no further. At XCELSIOR, we are standing by to assist you with professionalism and efficiency. Contact us for more information and advice today.
