Bad Credit Loans are online loans that gives you access to wide variety of lenders offering personal loans, bridge loans, debt consolidation loans and much more. The company itself which operates under the same name is a loan broker that partners with a network of lenders who are accredited by the National Credit Regulator, and more importantly they act as the middleman between potential borrower and potential lender. Whether you have bad credit or a good one you will be glad to know that there is a company that can get the best loan deal for you.
Why get Bad Credit Loans?
Bad Credit Loans has got many advantages that it comes along with it, and since it’s a loan broker that works hand in hand with various reputable lenders on the market, and are able to source the best loan deal for you. Their application process is much easier than going through the traditional route of going to banks as their requirements are less stringent, and people who are low income earners can apply and get credit. With them you can get credit ranging from s little as R1000 and R200 000 with favorable repayment terms that are between 3 to 72 months.
Bad Credit Loans takes your application and sends it to multiple lenders and basically acts as the middleman between you and the lender. They will use their expertise and experience and will select the best loan offer that gives you the best terms. Applications can be lodged online by simply filling out the application form provided on their website with all your relevant personal details. Because of the multiple network of lenders, the application approval is much higher that normal. When a lender makes an offer and you accept it you will from that point start dealing with them directly.
Bad Credit Loans Application Requirements
Getting Bad Credit Loans can be an easy process, all the applicant has to do is to provide all of their application requirements that include being over the age of 18 years old, must have your South African Identity document, must be employed on a permanent basis, must have an active bank account in your name where your salary gets paid into, must provide your latest 3 months bank statements and proof of residence not older than 3 months. You should however not be under a current administration or debt review process.
Bad Credit Loans Contact Details
To get more details on how you can get Bad Credit Loans simply go online and visit their website www.bad-credit-loans.co.za, or alternatively give their consultants a call on 021 202 8813 and chat to them about their various financial services and your financial needs.