Short Term Loans For Blacklisted

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

Did you default on a loan agreement in past? You are in the row of blacklisted due to making late and missing repayments. It’s time to keep this mental strain aside because short-term loans for blacklisted have the solution for you with an instant decision.

Yes, you can apply for such online short-term loans, even being blacklisted with some online lenders and get approval in a few minutes only. You will have a simple application to complete without banking paperwork formalities with some trustable lenders.

What is a short-term loan?

Short-term loans are unsecured loans that don’t require any collateral and come with high-interest rates. You have to pay them as soon as your next payday arrives; not paying such loans on time doubles charges making you helpless ahead to pay.

You can borrow a small loan of up to R5000 to meet your short-term needs and then pay that with high-interest rates. These loans are the best solution to other financial options because they may work for you at different times.

But you can apply for such loans anytime and anywhere, even if your credit score is bad. Yes, your bad credit score is acceptable for many lenders to help you out further financially.

What meant by short term loans for blacklisted?

When you are blacklisted, your chances of getting financial products like loans and credit cards become very limited. Conventional banks and lenders require good credit ratings for approval. However, being blacklisted doesn’t means you can’t get a loan.

Payday loans for blacklisted in South Africa are designed to provide instant cash without wasting time. Typically, lenders approve payday loans even with bad or no credit scores. If you can repay your loan on time and have a stable financial status, you could get a payday loan even with your default or blacklisted status.

Keep in mind that loans for blacklisted are offered at higher interest rates and shorter repayment times. So, plan to pay off the loan on the due date; otherwise, paying the loan could save your credit health.

Things to consider when choosing a lender for short term loans for blacklisted

It’s not time-wasting when you are looking for short term for blacklisted because you can get some respite from financial worries. You should always consider a few things before choosing the right lender.

Sometimes, borrowers don’t get the right lender, which may not be suitable for them because they may have to pay extra charges, which is not required. There are certain things that you need to consider before you apply.

  • Do proper research: As much as you do the research, you will better understand whom to choose. It would help to remember this while finding the best lender to rely upon for quick financial assistance.
  • Read lender’s terms: You must set up a comparison among lenders to learn about their lending terms.
  • They are legal or not: This is the most essential and primary thing you shouldn’t ignore. There are many lenders offering loans, but you can’t trust all of them. Thus, you can check whether they are legal or not while they are offering financial services.
  • Interest rates: You can check out how much you will pay during loan repayment. Every lender charges interest rates differently from another, so that you can consider this factor too.
  • Fees: You can confirm if you have to pay any fee because many traditional lenders charge a fee. You can confirm that while dealing with the lenders because many don’t charge fees.

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Am I eligible for a blacklisted short-term loan in South Africa?

You must meet their essential lending criteria to apply for short-term blacklisted loans with some online lenders. You will need some standard requirements while applying for such funds with them.

Lending criteria include: 

  • Age proof: Your minimum age is required to be 18 or above to match lending criteria.
  • A bank account: You must provide a bank account for receiving funds.
  • Address proof: Your residential address proof is also a part of the process, so ensure you have that with you.
  • Income: You must provide an income source to repay your loan on time.
  • Contact information: You must provide your contact details, including your email id.

What are the pros and cons of short-term loans?

Some pros and cons of short-term loans come along when you apply for such loans. It would be nice to look at them and understand what they are before you apply for the funds. Everything that you like always comes with positive things as well as some negative things.


  • Easy to apply: These loans are easy to apply with quick approval when you are in a hurry for fast money.
  • Unsecured loans: You have not required any collateral to take along because they are unsecured loans.
  • Bad credit approval: You can get loan approval with bad and good credit.
  • Usable for anything: You can use the funds for anything because they are restriction-free.
  • Limited requirements: You will have limited requirements to meet lenders.


  • High-interest rates: These loans come with high-interest rates to pay.
  • Small repayment: You have a limited period to pay off your loan on your next payday.
  • Account access: Someone else has your bank account access which might be unsecured for some people.

Top 5 reasons to choose short term loans in South Africa

There are various reasons for choosing short-term loans in South Africa. You can look at some top 5 reasons that borrowers find favourable to come out of financial hurdles.

Top 5 reasons for choosing short-term loans in South Africa:

  1. Easy and secured application: Short-term loans are an excellent option because these loans have an easy application, and you don’t need to worry about losing your confidential details.
  2. Fast approval: You can get fast approval for loans when you are in a hurry for money.
  3. No hidden charges: Unlike traditional lenders who make you pay; you don’t need to pay any hidden charges.
  4. 100% online: You will be dealing with 100% online without leaving your comfort zone to banking institutions.
  5. Perfect credit not needed: You can apply for the loans with whatever credit score you have because some lenders don’t require a standard credit score.

How to apply?

The application process for short-term loans with direct lenders in South Africa is moderately straightforward. Easy steps allow you to complete the loan application process online.

Complete the application in a few steps:

  • Fill application: You must complete an application form while providing accurate and up-to-date banking details and income proof.
  • Approval confirmation: Lenders verify your details in a few minutes. Once verification is done, you get a loan contract to sign and send back to your lender to get funds fast.
  • Get funded: After doing the small formality with some of the most reputable lenders, you can receive your money in your bank account.

Short Term Loans For Blacklisted- Some FAQ’s.

How long is a short-term loan blacklisted?

These short-term loans are available for a limited period, so you have to pay that back whenever you have your next payday. You can use the funds for only a few weeks to cover small daily expenses.

Can I apply for short-term loans with bad credit?

Yes, you can also get approval for short-term loans with your bad credit score, but this is not easy getting due to your poor FICO score. Only a few lenders accept your bad credit to help you out financially.

How quickly can I receive the money?

Once your loan application is approved, you can collect funds directly from your bank account. So it would help if you focused on completing the process successfully so there can be no problem ahead leading to loan disapproval.

What can I use the money for?

You can use the funds for various unexpected expenses, including moving expenses, repairing cars, medical bills and replacement of home appliances. Also, you can pay off a debt using these loans to clear your way to financial assistance.

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

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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.