Being blacklisted is one of the most uncomfortable situations a person can find themselves in. The negative personal financial profile that is viewed in a suspicious manner all the time. Doors easily close before the application is complete. Many South Africans find themselves in this situation. The National Credit Regulator (NCR) has reported that more than 10.5 million South Africans with credit where not able to manage it properly. They have not met their repayments for 3 months or more and are in deep areas. In times past credit was easily available. However financial institutions have been proactive in eradicating reckless lending. It damages businesses and hurts the consumer. Since the 2008 global banking crisis that began overseas and spread across the world. The financial markets have been slowly recovering. However the South African economy has not fully recovered and it has been stagnant with more than 34% unemployment. The financial markets experienced a credit freeze and this resulted in banks find it hard to loan out money.
There are a lot of micro credit loan companies in South Africa. Getting one that is reputable to help you is always a good idea. There are some who offer interest rates that are unacceptably high for their customers. That is why it is crucial to be well informed before you take out a micro loan on cash advance basis, whether short term or long term. Alternatively you can speak to your personal financial consultants. Credit card service providers usually are the ones that offer loan advance. Continue reading
Hlano Financial Services Loans operates in the financial sector as micro lender to the public. Its offices are in Johannesburg, Randburg. The need for financial help in South Africa has grown. The public is aware that going to a loan shark is a costly mistake and can end up in misfortunes. That is the reason South Africans are choosing reputable financial services that are not fly by night but are established. A place that provide good sound advice on getting a loan. At Hlano Financial Services things are done professionally and the company has helped lots of South Africans get loans and pay them back at affordable rates. Continue reading
The process of getting a personal loan is something worth sitting down and thinking it through. It’s always best to have the best advice from a financial institution that is reputable. Going to loan sharks is not an option to fix or help you in the short term or long term. Their interest rates come with crippling amounts and sometimes are over 50% of the loan. Over the years the need for personal loans in South Africa has grown and it has become a market that financial institutions help out with. African bank is one of the institutions that have helped South Africans with personal loans. The bank will continue to offer services to make the life of loan seeker better. African bank has a range of loans on offer and a growing trend in the market has been consolidation loans. African bank offers this product. It is important to pay off loans in time. Consolidation loans takes out the pressure from this. You will close your debts and just focus on one loan to pay off.
The rapidly declining financial market has left many South Africans blacklisted by companies and in due course affected their entire financial lives. This often means that they are unable to purchase from certain businesses, get new credit cards and in some instances unable to seek legal advice (basically stopping you from living).
Luckily, being blacklisted no longer suggests that your life has to come to an end. Forward-thinkers and innovators have come up with a way for blacklisted individuals to still enjoy being part of a paperless environment with a prepaid credit card.
Difficult times have struck in the economy and this means our pockets have felt the nail-tipped pinch. Everything has become increasingly expensive, and financial troubles have become the norm. Seemingly, the debt man is putting in overtime at the gym – he is now bigger and scarier than ever.
Many people are in denial about their financial situations and only realize the extremity when the red taped letter is slotted through the post box. The dreaded ‘private and confidential’ letter, often leaves people so stressed that they ignore the letters and their financial situations, which leaves them in worse off positions than they were before.
Understanding the causes of debt?
The first step in tackling debt is looking at what caused it, and generally debt may be the result one of one the following;
Loanzie wants to come to your financial rescue when you unfortunately have to experience a bad month due to budget constraints. We can all agree that the South African economy has a knack of making some of our salaries play hide and seek. As soon as the money comes in; it literally vanishes with all those debit orders. It can be quite frustrating not being able to make ends meet once month end comes rolling in. Loanzie wants to assist you so that when those unforeseen expenses slap you across the face; you’ll be well prepared to take care of them. The most important thing is that you are in the position to meet all your financial obligations as soon as they come knocking and what better way to do that than with the assistance of Loanzie?
Are you looking at starting your very own business? Do you have that hunger to be your own boss, be successful and make a difference in people’s lives? If you answered yes to that question your response may have had an uncertain under tone because the big elephant in the room is the money thing right? Well not with Loan Detector SA. You can spread your wings and soar knowing that you are more than eligible to obtain a loan and take your business to great heights but wait; maybe you just need a little extra cash to do that financial management course so you can climb up that corporate ladder or you want to let your hair down and go on an exotic holiday? You can do that too, no matter what your needs are you can trust Loan Detector SA to give you the best solution for your financial needs.
Finance Man understands that living in South Africa can be a joy and a burden on your wallet at times. Most people can attest to the bitter sweet financial reality that all South Africans face on a daily basis. Feeling drained and desperate all at once is a very normal experience due to the demanding and fast paced lives that are lived by most South Africans. Finance Man is here to alleviate some if not most of the stress that most of us feel due to the overwhelming financial strain we may found ourselves in from time to time or even on a daily occasion.
Why do you need Consumer Wise debt counselling? Well picture this: “It’s just 1 pair of shoes, oh and that dress looks so cute, oh my goodness I have to have that pair of pants and they will definitely go well with that beautiful lilac top. Okay, that’s all I can’t overspend this month not again, oh my goodness that purse is a must have!” Sound familiar? Thousands of people go through the very same mental dialogue every month all across South Africa. It may not be specific to clothing but it is very similar with different items as the subject matter. If not monitored the subject matter may easily become the torrent waves of debt you find yourself drowning in.
ABOUT Consumer Wise Debt Counselling
Consumer Wise Debt counselling has been operating like a well-oiled machine since 2008 and since then the company has made it their top priority that its clients not only benefit from their services but that the clients have a chance at regaining their financial freedom once again. The company makes use of the “fair share” principal which has given them a great relationship with credit providers. The company has branches across South Africa making their services accessible to all South Africans.