SA Cash Loans for bad credit rating in South Africa

SA Cash Loans

What is SA Cash Loans?

SA Cash Loans is partnered with several credit providers. They can help you reach these lenders and get your loan request approved in no time.

They offer unsecured personal loans, which means there’s no collateral involved to get your request approved.

Available loan amounts range from R1 000 up to R150 000, depending on your credit rating.

Getting Your Loan

To apply for an SA cash loan, all you need to do is fill out the application form available on their site.

Processing of application can be completed within a day. You’ll receive feedback on your request the next business day as long as you pass the application form before 4:00 PM on any business day. Once approved, loaned money will be wired to your account within 48 hours.

However, since the decision to grant your loan request lies with their partner credit providers, some delays may happen. It may take up to 5 working days to complete the whole screening process.

The credit providers perform credit checks to make sure you can afford the loan you’re asking for. Consultants from SA Cash Loans will contact you to submit additional documents once the screening process commences.

The service of SA Cash Loans isn’t limited to South African office workers only. They can also provide assistance to foreigners and self-employed individuals.

SA Cash Loans can also deal with customers with bad credit rating. They usually offer them a maximum of 6 months repayment period on their loans.

Interest & Fees

The application is free of charge and there are no hidden fees you’ll be surprised to pay.

Interest rates vary from one credit provider to another. All these, together with the full quotation of your loan, will be discussed with you after you submit your loan request.

Repayment Schedule

Repayment periods start from 6 months up to 60 months, depending on your financial capability.

Requirements

To apply for an SA Cash Loan, you have to satisfy the following conditions first:

  • You’re a South African citizens age 18 to 65; pensioners are not allowed to request for a loan.
  • Employed by your current employer for at least 3 months.
  • Have a minimum monthly salary of R3 000.
  • A bank account where your salary is sent to.

Credit providers partnered with SA Cash Loans won’t accept applicants that are under debt counselling, review, or administration. If you have outstanding judgments or defaults, your application will be rejected. The same goes if you have outstanding arrears.

The credit providers have the sole discretion to accept or reject your application. SA Cash Loans can’t do anything about the decision of their affiliates so make sure you provide accurate and recent information to avoid delays or rejections.

Contact Details

If you have queries, you can get in touch with them through the following channels:

Telephone: 021 202 1679

Email: queries@sacashloans.co.za

Or you can simply leave a message on the form available on the Contact Us page of their website.