Blacklisted Loans Same Day Approval South Africa

  • 2 Minute Application
  • Bad Credit Accepted
  • No Credit Check
  • Same Day Transfer

If your past could have been better, defaulting credit agreements by making late payments for previous loans and finally made lenders put you on a blacklist to prevent you from getting financial services ahead.

Worry not about being blacklisted because blacklisted loans with same-day approval in South Africa can help you out with instant approval.

Can I get blacklisted loans with bad credit in South Africa?

You are still eligible to apply for blacklisted loans despite your bad credit score. The truth is- when you are blacklisted, then no banks are interested in your loan application. Still, some online lenders are willing to offer you funds, knowing your FICO score could be better in South Africa.

You only have to remember that you must meet their lending criteria to get fast loan approval. Also, you can get the funds as soon as you finish the lending process in a few minutes only.

What are blacklisted loans?

Being blacklisted and needing a loan is very common in South Africa. Some blacklisted loans are designed for tackling short-term expenses until your next payday arrives, then you pay them back.

These types of loans help you settle some of the daily based expenses you deal with daily. But you may only have cash with you sometimes to pay off current expenses because having a cash shortage with everyone is inevitable.

Now, you can scrap such additional expenses with the most reputable direct lenders. But there is something to consider about interest rates of such loans that you will pay a bit higher than other traditional loans.

How to get blacklisted loans with same day approval?

As a blacklisted, if you are looking for blacklisted loans with same-day approval. Yes, you can apply with some lenders if denied before by banking institutions by following some steps.

Apply in 3 simple steps:

  • Fill out the online application: You must fill out a simple application form requiring some of your details and some banking details that include income.
  • Wait until verification: Lenders review your application and send you a loan contact if approved so that you have a look at the terms and conditions. You then send the loan contract back to your lender after signing.
  • Get money: You can collect your money now, any time after everything has gone successfully. Make sure you pay back your loan on time after you have met your needs.

Apply Now

How much loan amount can I get with blacklisted loans?

You need to ensure that your income matters overall for loan repayment. Commonly, the loan amount depends on your state’s law and your current financial conditions. But some lenders offer you blacklisted loans ranging from R100 to R5000 with fast approval.

The main reason is that your current income is liable for how much you can go for after you are blacklisted. These loans are the last option for people with poor credit to avail of financial services conveniently.

What is qualifying criteria for blacklisted loans?

Generally blacklisted loans require you to have some basic requirements.

4 simple requirements:

  1. Permanent Citizenship: You must be a permanent citizen of South Africa to meet the eligibility criteria of lenders while applying for such loans.
  2. Be 18 years or older: Your age matters a lot in this, so your minimum age is needed 18 or above for applying.
  3. Income: Apply for these loans with an income source that helps you repay the loan.
  4. A bank account: Funds are directly sent to your bank account, so you need to be ready with a bank account when applying.

What can I use blacklisted loans for in South Africa?

You can use blacklisted loans for almost anything such as everyday unexpected expenses that commonly you deal with. Sometimes, you have no cash to tackle them then these loans are not bad.

Common expenses to deal with:

  • Outstanding debt: You can use the funds to eliminate the past outstanding debt you haven’t paid yet.
  • Educational fees: If you have no money to pay off your fee, these loans are the best choice to continue your studies.
  • Home improvement: You can improve your home’s outlook through a home renovation by using these online funds after applying from online lenders.
  • Food expenses: You can also buy food to satiate your hunger covering its cost with the help of these loans during your cash shortage.
  • Medical bills: You can get rid of medical hassle with the availability of this type of money that you can get instantly. Pay off all medical bills that have been gathered due to the cash shortage you have.

Do blacklisted loans require any collateral?

No, blacklisted loans are unsecured loans that don’t require collateral from borrowers, so you don’t need to worry about that much. Yes, these types of loans make you pay a little more than any traditional loans in the form of interest rates whenever you pay them.

But they are the best solution during your financial crisis without making you sacrifice your valuables or any asset. It can only be possible with some trustworthy lenders, so you must ensure you are applying for the loans to whom.

Using the MoneyStar, you may get from R100 to R35,000 in just 5 minutes.

Apply Now

Applying won’t affect your credit score

Micah Sedres

MoneyStar expert Micah strives to navigate finance niches like credit cards, loans, and mortgages easily. She helps hundreds of readers in credit building and provides money management tips. After regularly working for brands like, she joined the team as a staff writer to develop credit product reviews and comprehensive guides mainly focused on credit scores and loan/card offers.