Mashonisa Loans: Kasi Finance
Mashonisa loans is one of those finance businesses that will never be overrated for generations.
Many of us grew up living upto this unregistered lenders to help our grannies and parents push through the month.
Some of us are graduates and some managed to finish matric through the help of the Kasi local lender known as “Mashonisa” around the corner.
The sole purpose of this article though, is to teach you how you can apply for paperless loans online without Mashonisa.
Although this type of lender is one of the fastest when it comes to lending people money without any security checks, there are other registered lenders that can provide you with paperless loans.
Mashonisa on WhatsApp
Mashonisa is WhatsApp away and can be found just on the next street close to you in Soweto or anywhere in your Kasi.
This Mzansi lender provides loans for unemployed and those with bad credit or blacklisted.
For the best part of it, they don’t need any security or credit checks to borrow your money, their loans a paperless and delivered in cash.
This Mzanzi lender is well known to help those looking for SASSA loans and those who are earning SASSA SRD grant.
Many elderly people also rely on these unsecured loans lender with no credit checks to borrow them money to get through the month.
Well, Mashonisa is really not bad at all, we appreciate them a lot with their Kasi side hustling when it comes to loans.
Although there are no security checks to borrow money, their borrowing comes with very high interest and very strict term and conditions.
One of the downsides of using this lender is, once you start borrowing money from them, you might be trapped to a lifetime.
Of course, that is due to their high loan interests, which might be double the amount in most cases.
If you borrow R150 from Mashonisa on WhatsApp, you are most likely to payback R300 or if they are generous, you might payback something like R250.
Fair and fine, the terms and conditions vary according to their personal preference, which you really need to abide to.
One of the best things that you want to do is to make sure that you follow the strict Mashonisa terms for peace’s sake.
If you fail to abide by the rules, you might find yourself owing them quite a lot of money.
Ensure that you don’t default on payment, if you default on payment the R300 you owe can easily be doubled to R600.
If you decide to borrow money with this lender, you must be willing to accept any results that comes with your failure to payback.
Although they offer paperless loans with no credit checks to unemployed and to people with bad credit, there is little security they need.
If you earn SASSA grants, they will need you SASSA card or you bank card if you are employed.
For those who are unemployed, they will take you Identity Document (ID) for security.
Paperless Loans: Alternative
Do you have bad credit and currently looking for loans for blacklisted or unemployed people with no credit checks?
If you are unemployed, have been blacklisted or have been placed under administration, you can still qualify for bad credit loans online.
Yes, there are lenders in South Africa that are willing to help those who have been declined by major banks and popular lenders.
These loans are paperless and only offered online by loan brokers.
The loan brokers we are referring to are not companies but comparison websites which link you to the right lender that will borrow your money according to you profile.
Whether you are blacklisted, or unemployed, below paperless loan website will source the right loan for you.
| Bad Credit Loans: Lenders |
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| ayobaloans.co.za |
| dotloans.co.za |
| finsap.co.za |
| atara365.co.za |
| supasmartloans.co.za |
