Have trouble getting approved for a bank loan due to a poor credit history? Look no further! SendMeCash offers bad credit loans services specifically tailored for people South Africa, who have a low credit history. We provide a fast cash solution to access extra cash until your next paycheck. Our streamlined process helps secure quick funds, cover emergency expenses, and avoid late payment penalties.

What is bad credit, and do I have it?

Bad credit refers to a negative credit history resulting from previous financial issues and past debts, which lenders perceive unfavorably.

  • Late payments on credit cards or other debts.
  • Defaulting on payments for credit cards, loans, or other financial obligations.
  • County Court Judgements (CCJs) issued against you for failing to repay debts.
  • Insolvency proceedings or debt solutions such as Individual Voluntary Arrangements (IVAs), Debt Management Plans (DMPs), or Debt Relief Orders (DROs).
  • Bankruptcy, which involves being legally declared unable to repay debts.
  • Accumulating too many hard inquiries on your credit report often results from applying for credit multiple times within a short period.

What is Bad Credit Loans?

Bad credit loans are financial options available to people with poor credit ratings. Even if you have a bad credit history, still qualify loan. Due to the higher risk associated with lending to people with bad credit, These loans come with higher interest rates compared to traditional loans.

Bad credit loans are short term loan amounts with flexible repayment terms over a longer period. You can receive funds ranging from R100 to R30,000 deposited directly into your savings and checking bank account on the same day. These loans provide a convenient solution for addressing unexpected financial challenges during difficult times.

Types of bad credit loans

There are various types of bad credit loans available, including

  • Payday loans,
  • Installment loans,
  • Secured loans.

Each type differs in terms of repayment, interest rates, and eligibility criteria, providing borrowers with options tailored to their specific needs.

Why Choose SendMeCash for Bad Credit Loans South Africa?

When it comes to finding the right bad credit loan, it’s essential to choose a platform that puts your financial well-being first. SendMeCash stands out as a top choice for several reasons:

1. Protect Your Credit Score

Applying for loans sometimes harm credit score. However, with SendMeCash eligibility checker, explore options without worrying about negative impacts on credit rating. This feature allows you to shop around for loans without the fear of damaging credit profile.

2. Quick and Convenient

Time is precious, when you need financial assistance urgently. SendMeCash understands this urgency and offers an eligibility checker that provides results in less than 5 minutes. By inputting information, you can quickly discover the loan options available, saving valuable time and effort.

3. Extensive Provider Network

Instead of scouring the internet for loan options, SendMeCash does the legwork for you. They search loans from a range of leading providers, allowing that access to a diverse selection of loan options. This comprehensive approach increases chance of finding a loan that suits your needs and budget.

4. Transparent and Reliable

When dealing with finances, transparency is key. SendMeCash prides itself on being a transparent and trustworthy platform. They provide clear and honest information about loan terms, fees, and conditions, allowing to make informed decisions about financial future.

Am I Eligible for Bad Credit Loans South Africa?

If you’re considering applying for a bad credit loan South Africa, it’s essential to understand the eligibility criteria beforehand. While requirements slightly between lenders, here are some general guidelines to help you control eligibility:

Basic Eligibility Criteria:

  • ZA Resident: Resident of South Africa to qualify for a bad credit loan.
  • Age Requirement: At least 18 years old to apply for a loan.
  • Current Bank Account: Most lenders require applicants to have a current bank account in their name.

Additional Requirements:

In addition to the basic criteria mentioned above, lenders have additional eligibility requirements, including:

  • Proof of Income: Lenders often require proof of income to assess their ability to repay the loan. This may include pay stubs, bank statements, or other documentation.
  • Employment Status: Some lenders may require borrowers to be employed or have a stable source of income.
  • Credit History: While bad credit loans are arranged for people with low credit, lenders still conduct a credit check. They’ll assess your credit history to control your creditworthiness and ability to repay the loan.

Pros and Cons of Bad Credit Loans

Bad credit loans offer a lifeline to people facing immediate unexpected expenses, but like any financial service, they come with both advantages and drawbacks. Find the pros and cons help to make informed decisions about whether a bad credit loans guaranteed approval is the right choice for your conditions.


  1. Access to Funds: Even with a poor credit history, bad credit loans provide an opportunity to borrow cash when you need urgently. This accessibility can be crucial during emergencies or unexpected expenses.
  2. Quick Disbursement: One of the main benefits of bad credit loans is their speedy approval process. If approved, funds can be deposited into your bank account almost immediately, providing much-needed financial relief without delay.
  3. Credit Score Improvement: Timely repayment of a bad credit loan can have a positive impact on your credit score. By demonstrating responsible borrowing behavior, you can gradually rebuild credit history and improve your creditworthiness over time.


  1. Higher Interest Rates: Bad credit loans come with higher interest rates compared to traditional loans. While they offer accessibility, borrowers end up paying significantly more in interest over the term of the loan, increasing the overall cost of borrowing.
  2. Credit Score Risk: Defaulting on payments can further damage your credit score, exacerbating existing credit challenges. It’s crucial to prioritize loan repayments to avoid worsening financial situation.
  3. Increased Debt Burden: Taking on additional debt through a bad credit loan can escalate financial pressure, especially if you’re already struggling with existing debts. It’s essential to carefully assess your ability to afford loan repayments and consider alternative options before proceeding.

Frequently Asked Questions

Filling out our online application only takes 5 minutes, and once you have submitted it, SendMeCash will contact you with an initial decision. If you’re approved for one of our loans, you could get the money in 1 to 24 hours.

Yes, it’s possible to obtain a bad credit loan without undergoing a traditional credit check. SendMeCash offers bad credit loans for people with poor credit histories. They often do not rely heavily on traditional credit checks and instead focus on other factors such as employment status, income level, and ability to repay loans.

The maximum loan amount for bad credit loans typically ranges from R100 to R30,000. Repayment terms can widely, spanning from 3 months to 72 months, depending on the lender and specific loan terms.

Yes, applying for a bad credit loan can potentially affect your credit score.

Yes, you can use a bad credit loan to consolidate debt. Consolidating debt involves combining multiple debts into a single loan, ideally with a lower interest rate and more manageable repayment terms.

If you default on a bad credit loan, several consequences may occur, including:

  1. Late Fees and Penalties
  2. Damage to Credit Score
  3. Collection Actions
  4. Asset Seizure
  5. Difficulty Obtaining Future Credit