Did you know that personal loans are available for people who are blacklisted or for a person who has a bad credit record due to difficult financial circumstance in the past.
WHY LOAN SEEKERS?
At Loan Seekers, we'll send your personal loan application to a panel of lenders which means that the chances of having your application accepted are much higher than if you were to approach one lender directly.
We pride ourselves on providing a quick, efficient and professional service to those who have found obtaining loans difficult in the pass due to a bad credit record.
Please note that all our lenders are registered with the National Credit Regulator (NCR).
Fees and interest charged in terms of chapter 5 of the National Credit Act (NCA) no 34 of 2005:
Initiation Fee of 15% of the Loan Amount up to R1 000, thereafter 10 % (+ VAT)
Services Fee of R50 per month (+ VAT)
Per Day: 0.17%
Per Month: 5%
Per Annum: 60%
PLEASE NOTE: Every Lender has their own policy - this is only a guideline
Illustrative example on an one month CASH LOAN:
Loan amount: R1 000
Term: 1 month
Initiation Fee: R150
Services Fee: R57
Total Instalment: R1 474