There's no question about it, it would be very difficult for you to get cash loans if you have been marked by a bank as blacklisted. That does not mean, however, that you will not have a way through it. It is not impossible to have a loan approved even when you are blacklisted. You just have to pour in some extra efforts.
Revert your Bad Credit History
No one would approve a loan for someone with a bad credit history. If you have already been blacklisted, that means your money problems that have accumulated would definitely keep you from being trusted again. Solving this issue requires that you go back to where the problem started in the first place.
You can ask the bank yourself on what you can do to help improve your image and your credit score in the process. If this means going back to the payment structure and putting it in a more realistic state, let it be so. Do everything that you can to help your credit history be re-written and the bad image erased.
Of course, the easiest route is to settle your debts and start saving up. This is not as easy as it seems for someone with growing money problems. Try no credit check loans. You will be approved without the lender creeping in your history. Just make sure that once your loan is approved, you will use it wisely. Otherwise, your problems will start to grow even more.
Another good tip that we can give you is for you not to let yourself be buried in debt. Make sure that you only borrow money out of need and not out of a habit. Also, you have to learn from your past mistakes by making sure you will be able to pay up your very recent debt as much as you will do your best to do the same with the old ones.
Online Loans are of Great Help
Online loans are preferred nowadays because they get approved without much fuss. That should not give people an opportunity, however, to let themselves be buried deeper. Be responsible. Getting approved even when you are blacklisted is not the end of your woes. It is but the start. You have to revert back on your past mistakes so next time you need to borrow, you will not go through the same hell all over again.
Be serious about your debts. Getting loans here and there is only useful in case of emergencies but they can be detrimental if it gives you the confidence to just splurge on money that you did not work for. The better recourse is to try to find a better paying job so you can pay up and save up as well. That way, your blacklist could be lifted as easy as counting 1-2-3!