Loans for Bad Credit
Bad score? You can still get approved for loans for bad credit – fast.
- Get approved in minutes
- Choose flexible terms that fit your budget
- Apply 100% online – no paperwork
Trusted by 450,000+ South Africans Since 2020
Verified Providers Only
We partner exclusively with verified NCR-licensed lenders to ensure fair loan conditions and trustworthy service.
Free & Transparent Service
Our comparison service is completely free to use and does not affect the prices of the loan options you see.
Quick & Secure Application
Get a quick overview of suitable loans and apply securely online, ensuring your personal information is protected.
Urgent Loans for Bad Credit – Same Day Approval
Need cash today? Our urgent loans for bad credit provide same-day funding for emergencies. Whether it’s unexpected medical bills, car repairs, or urgent household expenses, get approved within hours.
Sometimes, financial emergencies don’t wait, and you might need a urgent loan, even though your might have bad credit history. These easy loans for blacklisted provide you with quick access to funds, whether it’s a medical bill or urgent home repairs. The loans can be approved and deposited into your account within hours.
Why Choose Our Urgent Bad Credit Loans:
- Same-day approval – Get funds within 24 hours
- No credit score minimum – Bad credit accepted
- Emergency funding – For urgent financial needs
- Online application – Complete in 2 minutes
Emergency Situations We Cover:
- Medical emergencies and hospital bills
- Car repairs and breakdowns
- Home repairs (plumbing, electrical)
- Rent or utility payments due immediately
- Unexpected travel expenses
Quick and Easy Solutions for Bad Credit Loans
Bad credit doesn’t mean no credit. Our advanced loan matching system connects you with over 50 South African lenders who specialize in bad credit loans. If you have a low credit score, finding a loan can be challenging. At YourLoan24 we have loans from R500 to R350,000 specifically designed to help individuals with less-than-perfect credit histories. Whether you’re facing urgent financial needs or looking for a loan with flexible repayment options, these loans are tailored to offer quick solutions, often with more lenient approval requirements than traditional loans.
How Our Quick Solution Works:
- Two-minute application – Simple online form
- Instant pre-approval – Decision within 60 seconds
- Multiple lender offers – Compare rates and terms
- Same-day funding – Money in your account today
What Makes Us Different:
- No hard credit checks – Won’t damage your credit score
- Bad credit specialists – Lenders who understand your situation
- Transparent pricing – No hidden fees or surprises
- Flexible terms – 1-36 month repayment options
Unlike traditional banks that can take weeks to process applications, our quick and easy solutions for bad credit loans connect you with specialized lenders who understand your situation. If you need more time to repay, consider our 6 months loans for bad credit with flexible payment options.
6 Months Loans for Bad Credit – Flexible Repayment
If you’re looking for a short-term loan with manageable repayment terms, quick online loans with flexible options could be the right choice for you. These loans spread your payments over six months, helping you to manage your monthly budget without overextending your finances.
6-Month Loan Benefits:
- Lower monthly payments – Spread over 6 months
- Fixed interest rates – No surprises
- Early repayment allowed – Pay off sooner to save on interest
- Bad credit accepted – Credit score from 300+
6-Month vs 3-Month Loans Comparison:
| Loan Term | Monthly Payment (R10,000 loan) | Total Interest |
| 3 Months | R3,500 | R500 |
| 6 Months | R1,800 | R800 |
How Do Loans for Bad Credit Work?
Applying for for the loan at is simple and straightforward. These loans are designed to provide fast access to urgent cash for individuals who might otherwise be turned down by traditional lenders. With less stringent credit score requirements, you can still qualify even if you’ve faced financial difficulties in the past.
Key Features and Benefits of YourLoan24
- Borrow R500 to R350,000
- Repay over 2 to 72 months
- Same-day funds
- Bad or poor credit rating welcome
- 100% online application
How to Apply for a Loan for Bad Credit with YourLoan24:
1. Enter loan details
Set desired loan amount and duration.
2. Compare your options
Choose the loan option that suits you best.
3. Apply online
Apply on the lender’s website, without obligation.
Loans for Bad Credit South Africa – Local Bank Partners
In South Africa, YourLoan24 provide a lifeline for many individuals facing financial difficulties. The loans on this page are specifically tailored to meet the needs of South Africans who have struggled with their credit in the past, offering solutions that are both accessible and affordable. They are customized for your local area to be able to provide the lowest cost possible, so if you are looking for loans for blacklisted cape town, you will get offered the ideal for you.
As South Africa’s trusted loan provider, YourLoan24 partners with major SA banks and micro-lenders to offer loans for bad credit specifically designed for South African consumers.
Why South Africans Choose YourLoan24:
- NCR registered lender – Fully compliant with SA lending laws
- Local bank partnerships – FNB, Standard Bank, ABSA, and more
- Rand currency loans – R500 to R250,000 available
- SA credit bureau reporting – Build your SA credit score
- Local customer support – Speak to SA-based loan specialists
Popular Loan Uses in South Africa:
- Debt consolidation (combine store accounts, credit cards)
- Emergency medical expenses
- School fees and educational costs
- Home improvements and repairs
- Vehicle purchases and repairs
- Wedding and event expenses
Eligibility Criteria for Bad Credit Loans
To apply for a loan for bad credit, you must meet the basic requirements set by the lender. These are typically less strict than traditional loans, making them more accessible for people with poor credit scores. Our flexible eligibility requirements make it easier for South Africans with bad credit to qualify for loans.
Basic Requirements:
- Age: 18-75 years old
- Citizenship: South African citizen or permanent resident
- Income: Minimum R2,500 per month (employment or grants)
- Bank account: Active SA bank account for 3+ months
- Documentation: Valid SA ID, proof of income, bank statements
Credit Score Requirements:
- Credit score: 300+ (very bad credit accepted)
- Debt review: Applications considered case-by-case
- Blacklisted: Specialized lenders available
- No credit history: First-time borrowers welcome
- Previous defaults: Won’t automatically disqualify you
Loan Example for Bad Credit
Here’s a typical example of a loan for bad credit. We hope that this helps you understand what to expect and ensures you’re prepared for the repayment process. The process is simple, and you can compare easy online loans to find the best option for your financial situation.
| Loan Amount | R50,000 |
| Term | 60 months |
| Monthly payment | R1,015.13 – R1,728.38 |
| Variable debtor interest | Min. 7% – Max. 27.75% |
| Max APR | Min. 8% – Max. 31.75% |
| Minimum – Maximum term | Min. 12 – Max. 240 months |
| Other fees | R0 |
| Total credit costs | R10,907.80 – R53,702.80 |
| Total costs (for whole period) | R60,907.80 – R103,702.80 |
Things to Be Aware Of Before Applying for Loans for Bad Credit
Before applying for a loan, it’s important to consider all the factors involved. Although bad credit loans are accessible, they often come with higher interest rates and shorter repayment periods. Understanding the terms can help you make an informed decision.
Key Considerations:
- Interest rates: Bad credit loans can have higher interest rates due to the increased risk for lenders.
- Repayment period: Make sure the repayment terms fit within your budget to avoid defaulting on the loan.
- Additional fees: Some lenders may charge origination fees or early repayment penalties. Always read the fine print.
Essentials at a Glance
| Loan Range | R500 – R350,000 |
| Repayment Terms | 2 – 72 months |
| Application | 100% online, fast and secure |
| Credit Score | Poor credit welcome |
| Approval | Same-day |
| Payout | Same-day |
YourLoan24 simplifies the process of getting a loan even with a bad credit history. With access to verified NCR-licensed lenders, flexible repayment options, and fast approval times, we help you find the financial solution that fits your needs—quickly and responsibly. Whether you need urgent funds, want to consolidate existing loans, or simply need a manageable short-term solution, we’re here to guide you every step of the way.
Do you already have one or more loans?
Replacing your current loan can lower your interest rate and monthly costs. Consolidating through YourLoan24 will help you save significantly.
Frequently asked questions
You will find the answers to the most frequently asked questions right here.
Complete our 2-minute online application form. We’ll instantly match you with lenders who specialize in bad credit loans. You’ll receive multiple offers to compare, and approval typically takes 1-24 hours.
We partner with over 50 SA lenders including major banks (FNB, Standard Bank, ABSA, Nedbank), credit unions, and specialized micro-lenders who focus on bad credit loans. Our system finds the best match for your specific situation.
The best bad credit loans offer competitive rates (18-35% APR), flexible terms (1-36 months), no hidden fees, and fast approval. Our platform compares offers from multiple lenders to ensure you get the best available terms for your credit situation.
Yes, we work with specialized lenders who consider applications from blacklisted individuals and those under debt review. These loans may have higher interest rates, but they provide access to emergency funding when traditional banks won’t approve you.
Our urgent loans for bad credit can be approved within 1 hour and funded the same day. For applications submitted before 2 PM on weekdays, most borrowers receive funds within 4-6 hours of approval.