Bad Credit Score Loans
Are you struggling to get a loan because of a bad credit score? Ayoba Loans can help! We’re an NCR-registered financial services provider passionate about helping South Africans get the necessary finance.
Our team are experts in assisting blacklisted people attain loans, even if they have negative items on their credit reports, such as late or missed payments. Furthermore, our loans are affordable and easy to repay, with only one repayment required per month.
Ayoba Loans are worth every cent. For years, we’ve helped blacklisted and non-blacklisted South Africans afford their futures cheaply and instantly. With our quick online affordability assessment, you’re sure to get the finance you need: bad credit score loans are our speciality.
Our loans are designed to be flexible and easy to repay. Let us know what you can afford each month, and our team will work tirelessly to find you the loan that best suits your circumstances and finances. We offer free affordability assessments, free credit report assessments, 30-day loans, 90-day loans, personal loans, and loans for the blacklisted. No matter your credit score, Ayoba Loans is here to help!
How Bad Credit Score Loans Work
First, Ayoba Loans assesses your credit score and finds out why it’s low. Unfortunately, we’re not allowed to offer you a loan if you’re under debt review, sequestration, administration order, or a garnishee order. This is because, under the National Credit Act (NCA), it’s classified as reckless lending and is considered an offence. If we loan you money, we will be prosecuted and unable to help anyone else.
Once we’ve ascertained whether your credit score is low because of late or missed payments or a derogatory mark, we’ll work together to suss out an agreement accordingly. Interest rates and fees are dependent on your repayment capacity – how much you can afford to pay each month – which acts as a sort of insurance for Ayoba Loans.
Quick and Easy Application Process
Our application process is quick, free, and easy! All we need is your contact information, your debt, expenses, and net income, and how you pay your accounts (if you pay them in full, in part, or at all).
After that, we’ll originate (pull) your credit report to assess whether the information you’ve provided is factual. If it is, we’ll send your information to our loan information specialists, who will find you the best loan for your specific needs.
Are You Ready for the Best Bad Credit Loan?
Apply with Ayoba Loans today. We’re ready to help you find the best loan for your circumstances, helping you achieve low interest rates with a company that truly cares about your needs.
