Rating based on 11 reviews


  • Low interest loans
  • Bad credit loans up to R300,000
  • Repayment up to 84 months

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LoanSpot homepage
Author LoanSpot. Screenshot of LoanSpot website.
[Accessed December 9, 2022]

About LoanSpot

These days there are so many things that cause us to fall behind on our monthly payments on bills and more.

This puts you in a bad credit position when it comes to getting a loan. With LoanSpot, there is no need to worry. Bad credit loans are what they do best. No matter what your situation is, they have an answer for every situation.

Your bad credit loan solution

With LoanSpot's bad credit loans you can apply for a loan no matter what your financial position is. Whether you are blacklisted or not, LoanSpot has an affordable loan solution for all South Africans.

For too long people with bad credit have been left behind, falling even further into debt. LoanSpot is in the business of helping those people regain financial control.

What you will get with LoanSpot

To get a bad credit loan has, up until now, been next to impossible. LoanSpot has taken that to heart and given South Africans with bad credit the opportunity to obtain a loan.

You can be sure that your bad credit loan application is handled safely. You can get a bad credit loan from LoanSpot with confidence knowing your information is guarded. 

Easy as pie bad credit loans

LoanSpot is a legitimate credit provider company and they have put a lot of effort into bringing you a bad credit loan with ease. They make sure that you get the money you need when you need it the most. With their easy repayment periods and their no-security loans, the financial answer to your problem is within reach.

LoanSpot Services

At LoanSpot, they realize that all too often many South Africans get left behind when it comes to loans because they are blacklisted.

That is why they offer bad credit loans, especially to those people. LoanSpot believes that everybody deserves a second chance. By offering bad credit loans to blacklisted people LoanSpot gives them a chance to regain financial control.

Consolidate your debt

Being in financial turmoil causes a lot of problems. This is often the case with people who have bad credit records. With LoanSpot, you can take out a bad credit loan in order to consolidate your debt.

You will then be able to pay off all your creditors in one go, save on interest, and only repay one loan. This way you can repair your credit record.

LoanSpot will have the option you need

There is no reason to stress about drowning in debt when you choose to make LoanSpot your partner. They consist of all the expertise needed to guide you on your way to financial freedom.

At LoanSpot, they strive to help struggling South Africans get out of debt for good. When debt seems to become overwhelming, LoanSpot has you covered with the solution.

LoanSpot offers debt consolidation

LoanSpot has a panel of registered financial consultants that are ready to be of service to you. If you are unsure if debt consolidation is the answer for you, these guys will be able to guide you through the process. Debt consolidation allows you to pay off all your current debt and only repay a monthly instalment on your consolidation loan amount.

LoanSpot – Bad credit loan

  • Loan Type Bad credit loans
  • Loan Amount up to R300,000
  • Repayment 1 month to 84 months

Benefits of LoanSpot

  • Low-interest rates
  • Stress-free bad credit loan

Bad credit loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This bad credit loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

LoanSpot provides the best financial solutions in South Africa

Not only does LoanSpot give financial solutions to South Africans with bad credit but they have also made the application process super easy.

Knowing that people who come to them for a bad credit loan already suffer from stress, they have made the application process stress-free. The super easy and stress-free bad credit loan application process takes no more than 10 minutes to complete. You can apply for your online bad credit loan. Anyone is welcome to apply for a loan with LoanSpot.

Follow the easy steps

Once on their website, you can start by completing the online bad credit loan application form. Your personal details will be required in the first section. You will be asked about your current debt as well.

You will now be asked a few questions regarding your accounts and your current financial situation. Please answer these questions truthfully to ensure that LoanSpot can provide you with the best solution to your specific needs.

You can now review your completed application to make sure that you have completed your bad credit loan application correctly. When you are satisfied you may now submit your application.

Your application will be reviewed and all possible solutions put together. A consultant will be in touch with you shortly to discuss the best way forward. With a bad credit loan from LoanSpot, you will soon be on your way to financial freedom.

Regain financial control with LoanSpot

In the times that South Africans are currently finding themselves in, getting into financial trouble is more common than before. By giving people a real and sustainable solution to these problems LoanSpot has been making a difference in many people's lives. Give LoanSpot a chance to help you regain control of your finances with an affordable bad credit loan today.

Benefits of a bad credit loan from LoanSpot

  • LoanSpot offers affordable bad credit loans.
  • People who are blacklisted can also get bad credit loans from LoanSpot.
  • They have a team of expert consultants.
  • LoanSpot offers a stress-free and super-easy bad credit loan

Customer Reviews & Testimonials

November 2021

I was in so much trouble with my accounts. I was unsure of how to rectify the situation until a friend told me about Loan Spot. I was eager to see what they could offer me and was pleasantly surp...

Cynthia M
— Queenstown —

October 2021

Before I knew what was going on I realized that I was getting into mountains of trouble as I fell behind on my account payments. I wanted to get a loan from my bank but got turned down. I am so g...

Johan V
— Kempton Park —

September 2021

I never thought that I would be able to get a loan to consolidate my debt with my bad credit record. My mother told me about Loan Spot and I applied for a loan with them. The whole process was su...

Chantelle V
— Johannesburg —

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  • Monday 24 – Hours
  • Tuesday 24 – Hours
  • Wednesday 24 – Hours
  • Thursday 24 – Hours
  • Friday 24 – Hours
  • Saturday 24 – Hours
  • Sunday 24 – Hours