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How Does It Work?

Mar 2, 2015

 

Applying for a Blacklisted Loan – How Does It Work? 

Viva Le Digital Age

The internet is continually sculpting and rerouting every facet of the way we communicate, socialise and conduct business. However, in recent times, it has begun to dissolve the physical element of our businesses.  Due to advancements in technology and the explosion of social media and e-commerce we, as consumers no longer need to travel, nor to meet the sellers in person at their place of business to establish and maintain a healthy, mutually beneficial business relationship.

As anticipated, this wave of digitisation came to wash over the realm of lending, inspiring lenders to produce the online loans application process, with convenience, efficiency and haste colouring their agenda, as is the rule with digital.

Currently, with the dawning of the blacklisted loan, not even a bad credit record can prevent you from taking out credit, even though you’ve been banished to the naughty corner.  However, you may have to opt for a smaller, lesser-known lender like Blacklist Loans with more malleable criteria as the big corporate lenders often take a hard line in this regard.

The New Blacklisted Loan

How it works on the Blacklist Loans website is you first enter a few basic details into our online contact form, such us your name, surname, cellular or telephone number and email address.

Within the next 24 hours, one of our knowledgeable loans consultants will give you a free call back and inform you as to how the process works. You will then need to provide us, either via email or fax, with a copy of your ID, proof of income i.e. bank account statements, proof of employment i.e. pay slips and all other financial details.

Once we have approved your application, which can be done in as little as a day, we will inform you of whether or not you qualified for a blacklisted loan and proceed to deposit the money directly into your bank account, as soon as you have been granted approval!

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