The rising in the number of financial institution that are lending money to the general public is a reflection that South Africans are on a spending spree hence most of them end up not managing to repay all their debts. This sad development is a major setback for those who end up with bad credit record is not clean especially when they think of borrowing again since most creditors do not allow financial access to anyone who is blacklisted.
Meanwhile, quite a number of financial institutions have gone on the “offensive” of crossing that red tape by including blacklisted people in their lending bracket. LCT is one such company that has made such a sacrifice; the creditor offers personal and blacklisted loans as well as payday loans to South Africans. Clients can apply for cash payout amounts of R20 000 which should be repaid within 20 months.
LCT finance allows its clients to make loan applications online which has a personalized tracking system; the creditor approves loans in 24 hours if clients submit all the required information. Worth noting is that interest will be too high for customers who don’t pay their loans on time. Clients are also encouraged to read the terms and conditions of the loans before they sign for it.
LCT loan facility comes with benefits such as:
- Knowing your credit rating
- Getting informed of bad debts
- Have a shield between you and your creditors
- Being protected as a consumer
The creditor also offers a 4 in 1 package which includes a q-assist program, free loan finding service and a full credit report.
LCT Finance can be visited at Siphosethu Road, Mount Edgecombe, 4300. Clients can call the creditor on 0313592747.