Though it sometimes seems like most of the world is in debt and they aren’t doing very much about it, a few countries have taken drastic steps to try to address these issues. For example, South Africa was one of the first countries to create a bad credit blacklist. This list lets potential lenders know everything about your spotty credit history. If you find yourself in the unfortunate position of appearing on this list, you may discover that it is extremely difficult to qualify for any kind of loan, whether car loans, homes loans or business loans.

But don’t worry. You are not alone in this unenviable position. In fact, according to a recent report, a full quarter of South Africans have been financially blacklisted. That means that one in every four people has achieved the dubious distinction of being considered a financial risk when it comes to all kinds of loans. So what are you to do if you find yourself blacklisted? You still have to get to work each and every day and sometimes public transportation simply isn’t available. What do you do if you absolutely can’t do without a car?

The first think you should do is take a deep breath and try not to panic. As we mentioned, one in four people in South Africa have been placed on a blacklist, which means more than five million people are in the exact same position as you. Not surprisingly, these people also need to find a way to get to work and the result has been a slew of new car companies that advertise directly to people who need car loans and who have bad credit.

These companies often sell quality pre-owned vehicles to anyone who can show proof of employment and who has a valid driver’s license. They do not pay much mind to your past credit woes and most of them don’t even perform a standard credit check. What they do care about is that you can meet their minimum requirements, and if you do they will put you behind the wheel of a quality car or truck in no time at all. In fact, the average approval waiting period for any applicant is just under twenty-four hours. So no matter how long you have been on the black-list, you can still receive financing for a vehicle at these reputable companies.

If you do have bad credit, one of the best things about buying a pre-owned vehicle from these dealers is that you can slowly rebuild your credit as you make payments. To begin the process all you have to do is go online and locate a car company that works with people who have been blacklisted. This will not be difficult as many of these companies market themselves directly to individuals with bad credit. Then you simply have to fill out a form and wait for them to get back to you. The average response time is less than a day, in which time you could be behind the wheel of your very own vehicle.


Contact Earn-a-car and their competent staff will have you on the road in 24 hours of meeting the criteria.