BFS Loans | Things You Must Know Before Applying For Barko Loans

Apply for BFS Loans at low interest rate and flexible terms up to 30 days. Barko Financial Services provide short term loans designed to meet individual needs and expectations.

BFS Loans are personalized credit designed to help people with cash loans when they need it the most.


Because the cost of living in South Africa is so high that a single salary can't make it to the end of the month.

So, if you want affordable short-term loans with a low-interest rate, BFS loans might be exactly what you're looking for.

Let's get started.

Why BFS Loans Is Your Best Option

Over 6 000 registered credit providers in South Africa, why would you choose Barko Financial Services (BFS) loans?

Established in 1996, the company has been helping thousands of people with financial solutions.

Solutions tailored for low-income working-class individuals in the country.

With branches in popular provinces in South Africa, you can easily access them for any assistance you may want.

You can find them in Polokwane, Johannesburg, Pretoria, Benoni, Bloemfontein, Boksburg, Burgersfort, Mokopane and many other cities.

Find your nearest Barko branch using the branch locator tool.


As indicated above, Barko Financial Services offer customised short term loans.

You could qualify for the undisclosed amount of loan with BFS. The amount you'll get would depend on your credit rating and ability to pay your debts in time.

BFS loans are provided at the lowest possible interest rate and flexible repayment terms (up to 30 days).

You do not need any collateral to secure and qualify for personal loans.

Payday loans are easy to qualify for and will be based on your credit history and employment terms.

You'll get instant feedback when you apply for Barko loans online.

You'll know if your application status immediately and advised steps you may take further on.

If Barko has been in business for over 20 years, then it's considered the most reliable lender in South Africa.

People trust them because they comply with the National Credit Act of 2005. They have good business ethics and guarantee you best customer service.

Want to know the best part?

Once your application is processed and successful, money will be deposited directly into your banking account same day.

BFS will deduct money from your account by debit order. This will save you time and money to travel to banks and stand in long queues.

Spend your money the way you want. Use it for planned and unplanned expenses.

What if you're blacklisted, would you qualify?

You could qualify for BFS loans when you have bad credit history.

The company will give you a chance and hear your story.

Barko is most interested in your affordability. When you think of taking a loan with BFS, can you afford the loan in question.

Being blacklisted should not be the end of your financial life.

If you show commitment and dedication to clearing your name, lenders would give you benefit of a doubt.

However, this may come with a price.

You might look at paying higher interest rates because you were once considered high risk for getting credit.

How to qualify for BFS loans

To qualify for short term loans, you must be permanently employed for over six (6) months.

You'll be required to provide banking statements for Barko to determine your affordability.

Your monthly budget and take-home salary will be looked at for your convenience.

That's it.

When you qualify, the following will be requested:

  • A certified copy of your ID
  • Proof of residential address
  • Recent pay slips

For more information, speak to a consultant on 080 777 3777.

Alternatively, visit and read more about BFS Loans.