Though we don’t offer NDA loans for blacklisted, we understand that there are always other ways of obtaining loans for blacklisted. Accessing loans for blacklisted in South Africa typically involves going to loan sharks. They charge extremely high interest rates, raising them as they see fit.
Some micro-lenders offer loans for blacklisted, if you are willing to put up some form of collateral.
Adding insult to injury, if you become over-indebted, these micro-lenders can lay claim to repayment in the form of your valuable assets. You stand to lose your home, car and any other possessions used to secure the loan.
Applying for loans for blacklisted will likely only further damage your credit record.
Money habits are instilled at a young age. As follows, they are very hard to break. Being blacklisted because of blowing through credit you can’t afford shows a lack self-discipline – not an easy thing to admit.
Then again, most people struggle with self-control when it comes to spending, which is unsurprising considering the consumerist age of advertising we are living in.
As a rule, loans for blacklisted are really not a good idea, especially when considering all that can go wrong. Poor financial planning leads to late payments, falling into arrears, defaults, bad credit scores, seized assets, salary deductions and the list goes on.
If we were to offer NDA loans for blacklisted, we would be putting you at risk of becoming over-indebted and suffering all of the above ramifications. As a registered debt counselling firm devoted to helping over-indebted South Africans, we could never advance NDA loans for blacklisted.
Our mission at NDA is to provide you with immediate, permanent debt relief and to help you reduce your debt over time. Then, when the time comes, we can issue you with a clearance certificate, wiping your credit record clean, so you are blacklisted no more!
In this way, the numerous negative side effects of crippling debt stress will be eliminated from your life, so you can enjoy the simple pleasures of a secure, restful debt free life.
For all these reasons and many more, we do not offer NDA loans for blacklisted and we strongly advise against taking out loans for blacklisted.
Instead, we encourage the blacklisted to make the intelligent decision to opt for loan-free NDA Debt Solutions. Just send us your contact details for a free phone call to get debt help that will actually lead to good things in your life.