Yebo Loans is a financial institution that was established in 2005. Since inception it has gone on to help hundreds of clients with finance solutions. Based in Port Elizabeth, Yebo Loans offers clients from all over the country flexible solutions. Not only does Yebo Loans provide loan solutions for individuals with good credit records, but it also helps individuals who have been blacklisted.
There are numerous reasons that may lead individuals to becoming blacklisted. These may include:
- Paying outstanding debts late every month
- Not paying outstanding debts
Being incapacitated due to illness or permanent disability and falling behind on debt repayments
This can cause lots of problems for individuals looking to gain access to further credit options in future. Yebo Loans helps blacklisted individuals to reclaim their life and build it back piece by piece. The institution does this by giving them access to finance from R500 up to a maximum of R120 000.
What are the qualifying criteria?
- Be a South African citizen
- Be employed for 3 months or longer with the same company
- Have a salary that is paid into your bank account monthly
Yebo Loans ensures that it gives clients comprehensive solutions for their financial needs. These loans can be useful for helping individuals meet some of their short term or long term financial needs. Paying for educational costs, wedding costs, or unexpected expenses can often seem like a nightmare. With personal loans provided by Yebo Loans you are able to pay for these needs. The loans are unsecured so there is no collateral required. You don’t have to worry about providing any assets as security for the loan, which may be ideal if you are worrying about where to get some extra cash.