List Of Online payday loans for blacklisted

Accessing Emergency Loans When Blacklisted

Finding yourself mysteriously declined for financing can signal a dreadful realization – you may be registered on South Africa’s National Credit Regulator (NCR) blacklist. This restrictive database bars blacklisted consumers from obtaining loans, overdraft protections, or even new cell phone contracts when badly needing access to credit.

Thankfully, specialized lenders now provide emergency personal loans catered specifically to blacklisted borrowers. Their high approval rates bring crucial relief, albeit still at elevated interest rates matching the risk.

In this guide, we will cover:

  • What exactly causes blacklisting and options to clear your record
  • How emergency lenders offer last-resort loans to blacklisted applicants
  • Pros, cons & features of 10 top-rated South African lenders who finance blacklisted borrowers
  • Steps to find the best loan product fitting your situation

While certainly not the cheapest financing option, alternative blacklisted loans provide necessary access for critical needs when traditional credit channels slam shut. Let’s review your possibilities.

List Of Online payday loans for blacklisted

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List Of payday loans for blacklisted no credit check

List Of online payday loans for low credit score

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What Triggers Blacklist Notations & Removal Processes

South Africa’s National Credit Regulator (NCR) compiles the national consumer blacklist database recording the severest delinquency violations. This centralized record communicates high default risk across lenders countrywide.

You automatically earn blacklisted status when:

  • Defaulting on any debt over R1,000 by more than 3 months
  • Repeatedly defaulting on smaller recurring payments under R1,000
  • Failing to comply with a court order to repay debts
  • Committing credit fraud or identity theft

Lenders must wait at least 20 business days after your first default longer than 60 days before submitting your name to the NCR blacklist2. Once registered in the database, you remain blacklisted for a minimum period of 2 years according to regulators3.

After the time-based waiting period, you will not automatically clear the records. You must manually contact the NCR directly to request removal. Provide evidence you repaid lingering defaulted debts and they may clear your profile at their discretion.

Until your name and ID number get removed from the blacklist completely, you will struggle to secure financing from traditional banks and lenders due to the communicated high risk.

Emergency Lender Options for Blacklisted Borrowers

The good news? You still have credit access options even while blacklisted through alternative online lenders specializing in subprime borrowers.

These niche lenders use decision models weighing factors beyond just credit bureau data to approve applicants. While charged interest rates remain elevated matching the risk tolerance, they provide the emergency lifeline you currently need.

Based on consumer reviews and industry research, here are 10 top-rated picks for emergency personal loans with blacklisted credit4 5:


  • Loan Amount: R300 to R4,500
  • Loan Terms: 5 days to 35 days
  • Fees: Initiation fee up to R150; service fee of R30 per R500 borrowed

Lime24 issues short-term cash loans to blacklisted borrowers through an easy online application. Loan decisions usually arrive in just 10 minutes upon submitting required documents. Lime deducts their service fee upfront from the loan proceeds instead of incorporating it within repayment installments.


  • Quick approval decisions & fast payouts
  • Fixed service fees avoids interest surprises


  • Very high effective APRs near 400%
  • Short terms increase rollover risk


  • Loan Amount: R500 to R8,000
  • Loan Terms: 30 days to 3 months
  • Fees: Up to R150 initiation fee

Fasta loans service blacklisted consumers needing quick emergency funds to address pressing financial issues. Required documents include bank statements, pay slips, and a copy of your South African ID.


  • Enables access to higher loan balances
  • Online customer portal to manage payments


  • Only issues unsecured personal loans
  • Requires full-time employment


  • Loan Amount: R500 to R40,000
  • Loan Terms: 30 days to 12 months
  • Fees: Up to R150 initiation fee

FinChoice accepts blacklisted applicants for personal loans ranging from R500 to R40,000 – one of the higher limits available. Their online application requires your last 3 months’ bank statements and copies of your SA ID.


  • Higher maximum balances up to R40K
  • Fixed monthly repayment installments


  • Requires submitted bank statements
  • Not available in all provinces


  • Loan Amount: R500 to R300,000
  • Loan Terms: 12 months to 84 months (7 years)
  • Fees: Initiation fee from R695 to R1,450

As one of South Africa’s first fully digital banks, Ubank leverages wider datasets for blacklisted credit decisions beyond just bureau scores. Ubank offers some of the largest online personal loans available to subprime borrowers needing major financing.


  • Huge maximum R300K balance
  • Fixed terms up to 7 years


  • Requires stable employment
  • High initiation fees

Southern Finance

  • Loan Amount: R100 to R4,700
  • Loan Term: 7 to 28 days
  • Fees: Service fee of R30 – R35 per R500

Southern Finance provides short term micro-loans to blacklisted borrowers, advancing emergency funds as soon as the same day. The online application first confirms your employment status before proceeding.


  • Very fast approval turnaround
  • Provides small micro-loans under R5K fitting temporary needs


  • Very short 7 to 29 day terms
  • Steep fees relative to loan size

Bayport Finance

  • Loan Amount: R1,000 to R250,000
  • Loan Terms: 6 months to 7 years
  • Fees: Initiation fee from R665 to R5,000

Bayport Finance offers an extensive personal loan size range accommodating almost any consumer financing need – including blacklisted applicants. Required documents include your SA ID, income statements, and residence details.


  • Large maximum R250K balance
  • Extended terms up to 7 years


  • High origination fees
  • Requires home ownership

FNB Personal Loans

  • Loan Amount: R1,000 to R300,000
  • Loan Terms: 1 to 60 months
  • Fees: Initiation fee from 2.5% – 4% of loan amount

FNB provides blacklisted emergency loans beyond traditional banks’ risk tolerance through layered data analysis – checking your overall profile beyond just credit records. Loans for blacklisted individuals carry higher APRs compensating for perceived risk.


  • Major bank stability
  • Fixed monthly installment schedules


  • Requires full-time employment
  • Restrictive loan use cases

Dunami Individual Loans

  • Loan Amount: R1,000 to R5,000
  • Loan Terms: 30 days to 6 months
  • Fees: None disclosed, likely reflected in interest

Dunami offers small unsecured loans to blacklisted borrowers seeking temporary liquidity solutions. Required documents for Dunami’s application include ID, 3 month’s payslips, and 3 month’s bank statements reflecting consistent income deposits.


  • Simple eligibility requirements
  • Small balances for temporary needs


  • Low maximum loan amount
  • Unclear full rate terms

Woolworths Loans

  • Loan Amount: R2,000 to R75,000
  • Loan Terms: 12 to 72 months
  • Fees: Initiation fees undisclosed

Woolworths provides personal loans with expanded flexibility to customers with tarnished credit records. Their application decisions emphasize your repayment capacity over just credit scores. However, interest rates do run higher with blacklisted status.


  • Large retail lending portfolio
  • Terms up to 6 years


  • Unclear approval requirements
  • Likely elevated borrowing rates

Hoopla Loans

  • Loan Amount: R100 to R250,000
  • Loan Terms: 60 days to 5 years
  • Fees: Unlisted, likely bundled into amortization

Hoopla provides emergency personal loans to blacklisted borrowers through streamlined online applications from any device. Interest rates run substantially higher for blacklisted consumers to offset added risk.


  • Huge maximum borrowing limit
  • Extended 5 year maximum term


  • Very limited information is available
  • Questionable rate transparency

Conclusion & Next Steps If Blacklisted

When finding yourself mysteriously declined for routine financing, chances are high that you have been automatically flagged in South Africa’s restrictive National Credit Regulator (NCR) database as high risk – also known as earning blacklisted status.

Thankfully, specialized alternative lenders highlighted above cater specifically to the financing needs of blacklisted borrowers when emergencies arise. By evaluating expanded personal financial data beyond just strict credit records, they identify candidates capable of repayment at elevated rates matching the assumed risk level.

To find your best path forward when blacklisted:

  • Learn specifically what debts caused your listing – obtain your full NCR credit report identifying original defaults
  • Research lenders willing to accept blacklisted borrowers – compare true costs across loan options listed here fitting your financial needs
  • Evaluate if a blacklisted loan makes sense right now – consider why you need the money and make sure borrowing aligns with your overall financial recovery goals
  • Apply for the chosen emergency personal loan – move forward with the lender best matching your situation
  • Develop a plan for eventually clearing blacklist records – work on repaying old defaulted debts so you can request removal from the database after 24 months

Blacklisted loans provide a necessary funding bridge to cover emergency expenses when traditional credit channels close their doors to higher risk applicants. While not cheap, they enable access until you manage to reenter the standard consumer lending marketplace through demonstrated responsible behaviors.

I hope this guide proves useful in illuminating emergency lending options available in times of hardship. Please reach out if any other questions arise concerning financial assistance pathways for currently blacklisted borrowers.

Frequently Asked Questions

Q: Can multiple late payments cause me to become blacklisted?

A: Yes – consistent late payments on unsecured debts under R1,000 can still trigger blacklisting if showing recurring delinquency. Lenders submit your name to credit bureaus after 60+ days unpaid. So make absolutely sure to pay minimums on time.

Q: How long must I wait before reapplying for credit if blacklisted?

A: You typically must wait 24 months before qualifying to submit removal request applications after initially entering the blacklist database. However, most blacklisted lenders highlighted here remain open to extend emergency financing specifically to those registered as high risk.

Q: What information must I provide to blacklisted lenders?

A: Most lenders require your full name, South African ID number, contact details, employment status, monthly income amount, monthly expenses, requested loan amount, and intended loan purpose. Many also collect recent bank statements, existing debt obligations, pay slips, and credit check authorizations to inform decisions.

Q: Can I qualify for a home or auto loan if currently blacklisted?

A: Unfortunately no – blacklisting blocks access to secured loans or secured assets like vehicle financing or home mortgages. Until you successfully clear blacklist status, lenders limit options to small, short-term unsecured personal loan amounts. Focus on reestablishing positive financial behaviors.


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