Bad Credit Home Loan
Because there are now so many people in South Africa with bad credit ratings, banks and other lending institutions have had to adapt to this situation. In the past a bad credit record would almost certainly have resulted in a home loan application being turned down. Lately, however there is more willingness to consider granting a home loan to people that have had a credit problem in the past, as long as the circumstances are fully disclosed and explained, and the applicant is now in a position to afford the repayments. Get Some Help Applying for a Home Loan Contact Us Now to have one of our home loan experts take you through the process of applying for a home loan, even if you have a bad credit rating. Because they will take your details and apply on your behalf to many South African lending institutions, they have a much better chance of success than you would if you simply applied directly to your usual bank.
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