Bond originator

question

Posted by: | 2014/10/17 11:31

I would like to know if I would be able to get a bond again after being rehabilitated.

I was voluntary sequestrated 6 years ago and am now in the process of being declared solvent. I have not had any unpaids on my bank account and have also paid my rent on time and in full every month for the last 6 years. I would like to buy a property towards the end of 2015 and will have the 8% deposit. What can I do to get the banks to approve my bond

expert answer

Posted by: Bradd Bendall | 2014/10/20 14:38

One of the biggest considerations when applying for a home loan is one's credit record. Earlier this year a Credit Amnesty was announced by the Department of Trade and Industry and this came into effect on 1 June.  The regulation requires credit bureaus to remove all information on their credit record relating to paid-up judgements and adverse notations about consumers by 1 June. This is good news as, if you went through a difficult financial patch, but have subsequently settled all of your outstanding accounts, your credit record will no longer be affected. The credit amnesty also requires any future paid-up judgements to be removed from your record.

Once you are legally solvent again, I recommend that you take advantage of the one free credit check to which you are entitled, per year, to check your credit record and ensure that it's clean before applying for a home loan. Having a deposit available will also significantly improve your chances of bond approval and I recommend that you get prequalified, for free, through ooba to help you understand what size bond you can afford.

Fin24 cannot be held liable for any decisions made based on the advice given by independent experts, and disclaims all responsibility or liability for any damages whatsoever resulting from the use of the site

user comments

Posted by: Alex Gilbert | 2019/09/09 14:14
Hallo, ich bin Alex Gilbert, der derzeit in New Jersey City, USA lebt. Ich habe mich manchmal in einer schwierigen finanziellen Situation gehalten und musste mich refinanzieren und meine Rechnungen bezahlen. Ich versuchte, Kredite von verschiedenen privaten und geschäftlichen Kreditfirmen zu suchen, aber nie mit Erfolg, und die meisten Banken lehnten meinen Kredit ab. Aber wie Gott es haben würde, wurde ich zu einer Firma eingeführt, die mir einen Kredit von meinem Wunsch gab und heute gut gehe, wenn Sie eine Firma in Bezug auf die Sicherung eines Darlehens ohne Kreditprüfung, keinen Mitunterzeichner mit nur 2% Zinssatz und besseren Rückzahlungsplänen und Zeitplan kontaktieren müssen. , kontaktieren Sie bitte Martin Luciano Worldwide Loans Financial Services per E-Mail (martinlucianoworldwideloans@hotmail.com oder WhatsApp/Phone: ( +44 7520 660836). Ich teile dieses Zeugnis gerne mit der Welt, weil ich in den Händen von Betrügern durchgemacht habe. Sie können sie auch über die Firmen-E-Mail kontaktieren: martinlucianoworldwideloans@hotmail.com oder WhatsApp/Telefon: +44 7520 660836.
Reply to Alex Gilbert
Posted by: LOAN OFFER | 2019/08/11 15:05
AMERICANLOANFIRMFAINACE COMPANY (ALFFC) Sincere welcome you to a certified private Loan company approved by the Government, we're giving out international and local loans to all countries in the world, Amount given out $2,500 to $10000,000,000 and Above currency Dollars, Euro and Pounds. Very easy to apply and get at affable rate. We offer loans with a dependable guarantee to all of our clients. Our loan interest rates are very low and affordable with a negotiable duration. Available now MORTGAGE, PERSONAL, TRAVEL, STUDENT, EXPANSION OF BUSINESS AND NEW UNSECURED, SECURE, CONSOLIDATE AND MORE Available now.. Contact us on how to Apply for a loan today with your loan amount and duration,country and a valid ID to get your loan. Easy and fast to get at 3% interest rates to your affordable rate contact us 24%7 you will received our responds. email: americanloanfirmfainacecompany@gmail.com
Reply to LOAN OFFER
Posted by: LOAN OFFER | 2019/08/11 15:05
AMERICANLOANFIRMFAINACE COMPANY (ALFFC) Sincere welcome you to a certified private Loan company approved by the Government, we're giving out international and local loans to all countries in the world, Amount given out $2,500 to $10000,000,000 and Above currency Dollars, Euro and Pounds. Very easy to apply and get at affable rate. We offer loans with a dependable guarantee to all of our clients. Our loan interest rates are very low and affordable with a negotiable duration. Available now MORTGAGE, PERSONAL, TRAVEL, STUDENT, EXPANSION OF BUSINESS AND NEW UNSECURED, SECURE, CONSOLIDATE AND MORE Available now.. Contact us on how to Apply for a loan today with your loan amount and duration,country and a valid ID to get your loan. Easy and fast to get at 3% interest rates to your affordable rate contact us 24%7 you will received our responds. email: americanloanfirmfainacecompany@gmail.com
Reply to LOAN OFFER
Posted by: LOAN OFFER | 2019/08/11 15:05
AMERICANLOANFIRMFAINACE COMPANY (ALFFC) Sincere welcome you to a certified private Loan company approved by the Government, we're giving out international and local loans to all countries in the world, Amount given out $2,500 to $10000,000,000 and Above currency Dollars, Euro and Pounds. Very easy to apply and get at affable rate. We offer loans with a dependable guarantee to all of our clients. Our loan interest rates are very low and affordable with a negotiable duration. Available now MORTGAGE, PERSONAL, TRAVEL, STUDENT, EXPANSION OF BUSINESS AND NEW UNSECURED, SECURE, CONSOLIDATE AND MORE Available now.. Contact us on how to Apply for a loan today with your loan amount and duration,country and a valid ID to get your loan. Easy and fast to get at 3% interest rates to your affordable rate contact us 24%7 you will received our responds. email: americanloanfirmfainacecompany@gmail.com
Reply to LOAN OFFER
Posted by: LOAN OFFER | 2019/08/11 15:05
AMERICANLOANFIRMFAINACE COMPANY (ALFFC) Sincere welcome you to a certified private Loan company approved by the Government, we're giving out international and local loans to all countries in the world, Amount given out $2,500 to $10000,000,000 and Above currency Dollars, Euro and Pounds. Very easy to apply and get at affable rate. We offer loans with a dependable guarantee to all of our clients. Our loan interest rates are very low and affordable with a negotiable duration. Available now MORTGAGE, PERSONAL, TRAVEL, STUDENT, EXPANSION OF BUSINESS AND NEW UNSECURED, SECURE, CONSOLIDATE AND MORE Available now.. Contact us on how to Apply for a loan today with your loan amount and duration,country and a valid ID to get your loan. Easy and fast to get at 3% interest rates to your affordable rate contact us 24%7 you will received our responds. email: americanloanfirmfainacecompany@gmail.com
Reply to LOAN OFFER
Posted by: LOAN OFFER | 2019/08/11 15:04
AMERICANLOANFIRMFAINACE COMPANY (ALFFC) Sincere welcome you to a certified private Loan company approved by the Government, we're giving out international and local loans to all countries in the world, Amount given out $2,500 to $10000,000,000 and Above currency Dollars, Euro and Pounds. Very easy to apply and get at affable rate. We offer loans with a dependable guarantee to all of our clients. Our loan interest rates are very low and affordable with a negotiable duration. Available now MORTGAGE, PERSONAL, TRAVEL, STUDENT, EXPANSION OF BUSINESS AND NEW UNSECURED, SECURE, CONSOLIDATE AND MORE Available now.. Contact us on how to Apply for a loan today with your loan amount and duration,country and a valid ID to get your loan. Easy and fast to get at 3% interest rates to your affordable rate contact us 24%7 you will received our responds. email: americanloanfirmfainacecompany@gmail.com
Reply to LOAN OFFER
Posted by: Robert | 2019/05/20 14:15
I was bankrupt then i needed to start up my life again traumatized and depressed i went in search of a reliable loan company that will help me with loan at good interest rates and today i have my own business and am able to care for my family effectively, for affordable and reliable loans call or WhatsApp +1 4313007649
Reply to Robert
Posted by: Benjamin | 2019/01/02 07:49
Hi, if I may kindly ask; is it possible for one to get two Home Loans at the same time? I have recently started working and would like to build a house for my dad but at the same time would like to purchase a house for myself. I was wondering if there is any possible way to kill these two with one stone as I believe that it will take long for me to qualify for the second loan if I only focus on one first. Please advise on the best possible approach for this. My income before deductions is R25 000, about R18 000 after deductions with roughly R9000 of monthly expenses. Looking forward to you favourable response.
Reply to Benjamin
Posted by: Refilwe Gift Tshia, 0847657385 | 2014/10/31 12:37
I was voluntary sequestrated 8 years ago and am now in the process of being declared solvent. This was due to my husband, having lost his work, again I applied for rescindment of all my judgements and in the past year(2012) in November I was granted a Loan of more than R100,000.00 by African Bank, and has never defaulted in paying. I recently approached my Bank for financing of a vehicle and was declined on the basis of the insolvency, of my husband even though I provided proof of rescindments. What can I do to ensure that my Bank considers my applications, as I continuously get generic SMS that I qualify for offers by the Bank, yet when I wanted to access such offers I get declined
Reply to Refilwe Gift Tshia, 0847657385
Posted by: Anonymous | 2019/02/14 10:16
was your loan approved whilst u were still being rehabilitated?
Posted by: Anonymous | 2014/10/22 19:46
I am a consultant and working as an Expat. I am working on a contract basis and therefore don't have a Pay sheet. Will I ever be able to obtain a bond for a property?
Reply to Anonymous

comment on this story

11 comments
Read the comments policy
Your comment has been posted and will appear shortly.
Please fill in the required fields.