It is a common situation in South Africa when banks reject any applications from people who cannot provide them with one document only. The most frustrating thing is that this document can be a certificate of employment once an applicant is self-employed. Such an occurrence is very hard to deal with but there are still some options. Binixo is an intermediary between online lenders and borrowers, and it can help to find the best no paperwork loans without charging for its services.
Why us?
24/7 lending
No checking documents or income at any time of the day
Convenient and easy
Choose the best offer and the way to receive money. Binixo will save you time looking for lenders on your own
No commission
Binixo does not charge any fees. The selection of personal offers is free. We deal with trusted companies only
What Are the Requirements to Get a Loan?
No need to be scared of another rejection, let banks be the only party that plays on people’s nerves. Online lenders understand that situations can be different and they are not so interested in asking much documentation. As of now, to be eligible for online loans in South Africa no document required, it is more than enough to follow the next rules:
- To be older than 18 years;
- To have a constant income (it can be earned money from self-employment);
- To have a SA ID, and banking account or card.
That’s it. And, a person can rest assured knowing that no one cares about his purposes of requesting one or another credit, for instance, the same requirements are applicable to no payslip loans that are constantly rejected in banks.
Loans No Paperwork Instant Cash? How to Apply
Binixo can basically do all the steps for their clients but some data should be provided in advance. The first step will concern an application form for no paperwork loans, thus it is necessary to avoid making mistakes:
- Fill in a quick application form in the designated header at the Binixo site. Indicate a full name, email, and mobile number;
- Redirect to the creditor;
- Confirm the application. On the creditor’s site, an applicant should confirm his consent. In some cases, he should indicate personal information one more time or add some more details. Note, all the needed details should be related to a borrower only. If he manages to attach fake information or make a mistake, the request will be canceled.
After all these steps, the money is transferred on the bank account, and a borrower should remember about the repayment terms.
Recommendations for New Applicants
It is crucial to always remember that payday loans for blacklisted no paperwork should be discharged on time. One simple delay and an applicant has a negative credit history, penalties, and increased interest rate. Then, do never neglect the proper reading of the agreement because there may be hidden pitfalls concerning fast loans or information about penalties, and the repayment period.
Finally, it is not recommended to apply for loans that are over 30-40% of one’s family or personal budget. It will make hard discharging the debt and lead to the acquisition of new credits such as loans for unemployed, for example.
Get to Know More With FAQs
How many times have people rejected the thoughts about loans with no documents required because of a fear of facing fraud? Such events are common and no one is protected from them. However, forehanded awareness may save someone’s time and money. For clients’ convenience, please check the next FAQs to get to know more about moneylending.
It is a credit broker aimed to help borrowers find lenders with the best terms and conditions. It works only with NCR licensed companies and guarantees the safety of data and instant cash.
No, the services are completely free of charge.
Yes. Moreover, it works on developing this option in many cities in South Africa. Once, an applicant needs to take an urgent cash loan, Binixo will help to cope with this task within a few moments.
It only depends on the selected creditor. In most cases, it is from 5 days up to 3 months.
It happens for many reasons. The main one is when clients apply for an instant loan but indicate invalid data or make mistakes.
