In South Africa, a loan without job is by definition a special financing option offered by South African banks or South African credit brokers to a South African borrower who got no salary slip bex´cause of unemployment.
In South Africa, a loan with no job has the objective to increase the chances of am unemployed South African borrower who cannot provide with proof of revenue resulting from regular work, to access fresh money.
In South Africa, a loan for unemployed people is generally subject to major obstacles particularly from traditional South African banks, which precondition to include in all loan applications basically a source of regular income.
In South Africa, a loan without job is still likely to be obtained through unusual but effective financing solutions, which are structured so that even without a paycheck, a loan is possible, such solutions consisting of the kind of payday loans or pawnshop loans.
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