answersLogoWhite

0

forget about a loan if you are a black foreigner working or studying in SA.The banks can not afford to take that risk as they do not have control of your movements because of your use of a non bar coded identification.

They have got no means to verify you and your documents are out of their control.

Loan sharks is the only answer to foreigners or maybe if your employer will borrow on your behalf and then you repay them whilst they repay the bank.

Good luck foreigners!!!!

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

Can a zimbabwean with a work permit in south Africa get a personal loan?

Yes, its very possible. To qualify for a personal loan you should be working legally in SA with any type of work permit.


Do you still owe title loan after vehicle is not working and repossessed?

YES! Including any interest.


Can a zimbabwean with a work permit in south Africa get a car loan?

some car dealers like auto pedigree would allow you to, but need to have a south African licence, which should be easy to obtain if you have you work permit plus a permanent working contract


Should you apply for a credit increase before or after applying for a vehicle loan?

For a better chance at getting the vehicle loan, increase your credit after the vehicle loan. Increasing your credit before may reduce the your vehicle loan amount.


How does a vehicle loan calculator work?

A vehicle loan calculator helps you to work out your monthly repayments. You choose the vehicle value or loan amount and the length period of the loan. Then the calculator will work out your monthly payments.


What is the collateral for an auto loan and how does it work?

The collateral for an auto loan is the vehicle itself. When you take out an auto loan, the lender uses the vehicle as security in case you are unable to repay the loan. If you default on the loan, the lender can repossess the vehicle to recoup their losses.


Can you get a title loan without vehicle inspection?

Can u get a title loan without a vehicle inspection


If the cosigner has had possession of vehicle 15 months paying the payments does the primary have the right to the vehicle?

will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle


Are you in default of a car loan if the vehicle is not registered?

Registration of the vehicle has nothing to do with the loan or financing of the vehicle. The only was to "default" is to not make the payments.


What is entry for vehicle loan taken from a bank?

vehicle a/c debit bank loan a/c credit


Where is the best place to get a loan for a vehicle?

The best place to get a loan for a vehicle is a bank or similar financial institution.


Does this website offer a vehicle loan calculator?

I used an old website that offered a few vehicle loan calculators. If your looking to purchase a new vehicle, its best to use the vehicle loan calculator online that way you will have a good estimate.