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How to get loans for blacklisted in South Africa

Getting loans for blacklisted in South Africa is as difficult to obtain. But all is not lost as there are still financial institutions, both traditional and online willing to give you a loan despite having a poor credit score or a blacklisted status.

To get a personal loan if you’re blacklisted comes with extra measures such as higher interests and others in order to allay the risk to the lender and you must be willing to deal with that.

How to get quick loan with bad credit in South Africa

Getting a loan with bad credit is not easy and comes with many restrictions where loans are offered to such persons. But the following are some of the means to get quick loans for blacklisted persons in South Africa,

1. Family and Friends

As Africans, family and friends are always there to support because of the tight-knight family-oriented communities that exist. As such, you can always look to family and friends to lend you support in the form of loans.

Family and friends will not consider your credit score when helping you out but rather trust and connection. To keep the goodwill and to be able to access such help again, it behooves on you to pay back the loan promptly.

2. Government loans

Government-backed loans meant to support people in need of help to carry out home repairs, maintenance among others may be available to people with bad credit. Speak to your local or traditional money lenders to discuss the availability of such opportunities.

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3. Collateral-backed loans

People with valuable assets but have a bad credit score in South Africa can secure loans by using their assets as collateral. This asset serves as security for the loans and gives the credit agency the confidence to lend to you regardless of your blacklisted status.

Be reminded however, that if you default in your payment, you run the risk of forfeiting the asset to the creditor who may liquidate it to offset the loan. Also, the value of the asset will inform how much a creditor is willing to give as loan for a blacklisted person.

Top 3 loans for blacklisted in South Africa

In this list, we look at 3 top loan offers for South Africans with bad credit and also discuss how to get liquid cash beyond these lenders. Keep reading to know more.

1. Hoopla Loans

Hoopla loans is a 4-star rated company with a secure and safe online platform that allows you to apply for a loan online if you’re eligible and based in South Africa. Regardless of whether you have good credit or bad credit, you can access a loan from Hoopla of up to R250,000.

The online application process is simple and seamless, and the added benefit is that you get a higher chance of approval. You also get lower monthly repayments with Hoopla Loans for blacklisted at very reasonable and competitive rates.

These qualities make Hoopla Loans number 1 on our list of top 3 loans for blacklisted in South Africa. Visit the Hoopla online loan platform and begin the application process.

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2. uBank Loans

Next on our list of creditors willing to give loans to people with bad credit in South Africa is uBank. You can access a Bad credit loan up to R180,000 with up to 72 months repayment period.

The loans offered by uBank comes at competitive rates and offers a smooth and quick online application process. Therefore, you do not need to leave the comfort of your home.

Whether you want to renovate your house, further your studies, or need a loan for a family emergency, uBank can help you. You can still apply for a loan even if you do not bank with Ubank.

3. EZI Finance loans

Final bank on our list offering loans for blacklisted persons in SA is EZI finance. EZI offers a small loan facility to even persons with bad credit by doing all the hard work on your behalf.

You can get bad credit loans up to R8,000 and have a flexible repayment period of up to 6 months. The interest rate is also reasonable and competitive and peaks at 32.1%. There are no fees charged on loans given by Ezi Finance so that cuts down your costs.


Loans for low credit scores are very difficult to obtain, but with the right guidance as you find in this article, you will be able to get loans for blacklisted in South Africa. This list is not exhaustive. Feel free to research other lenders that are offering loans to people with bad credit in south Africa and has better or reasonable rates.

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