Barko Insights

Here’s What Sets Us Apart:

• Simple application process
  
  Apply in minutes with minimal paperwork and no hassle.


• Fast loan approvals
  
  We will assess your affordability to determine loan eligibility. If approved, you will gain quick, hassle-free access to your funds.


• Honest and transparent lending
  
  No hidden fees. No surprises. Just clear, upfront terms you can trust.


• Nationwide reach
  
  With branches across South Africa, help is always nearby. Can’t visit us? Send a WhatsApp message to 078 298 9139 and we’ll assist you.


• Support when it matters most
  
  Whether it's for emergencies, school fees, or everyday needs—Barko is here for you.

Here's How:

Step 1: Contact us

Visit your nearest Barko branch, call our toll-free line at 080 7773 777, or WhatsApp us on 078 298 9139.

Step 2: Prepare your documents

• South African ID or passport
• Latest payslip and/or
• Most recent 3-month bank statement
• Bank card or approve debit orders via your banking app

Step 3: Apply in minutes

Our friendly team will assess your affordability and guide you through a simple application. If all documents are in order and you qualify, your loan can be approved within minutes.

Step 4: Fast payout

Once approved, your loan is paid out quickly and securely so you can focus on what matters.

What does blacklisting mean?

The term blacklisting dates back to when the credit bureaus only kept negative information about someone’s finances.

Technically, South Africa doesn’t have a formal blacklist. Instead, credit bureaus collect and store your credit history. This includes missed payments, defaults, judgments, and debt reviews.

Based on your credit history, lenders will check to see if you’re a high risk or a good investment, which will affect how easy or hard it is to get credit.

Beyond the bank

Traditional banks tend to be more cautious about granting you credit if you have been blacklisted, but there are other options available. Microlenders, or short-term lenders like Barko are more flexible.

Some providers may take an asset like your car as collateral for a loan, and some may offer only short-term loans, or charge a higher interest rate.

Fixing a low credit score

A credit score is based on how well you manage your debt. If you pay back your loans, and make your payments on time, you will have a higher credit score. For those who miss payments, or don’t pay off their debt, this will lead to a low credit score.

A low credit score is not the end of your financial world. You can rebuild your credit score by:

• Paying off all your outstanding debts.
• Talk to the companies that you owe money to and agree on a payment plan.
• Avoid making new debt, unless it’s absolutely necessary.

By addressing the problem, and being disciplined with your money, you can still access financial services.

Learn more

The value of credit monitoring
What is a credit score?

Manage your cash flow during these times with a once-off, short-term personal loan that is payable in one, single instalment. Use this checklist to apply for a loan in 6 easy steps.

Here’s How To Apply:

1. Visit your nearest branch or phone/message/WhatsApp or email us

• Send an email to funeral@barko.co.za
• Call our toll-free number – 080 777 3777
• Call our toll-free number – 080 777 3777 or WhatsApp 064 870 5327

Our consultants will help you understand the available plans and choose one that suits your needs.

2. Bring your South African ID

We require the main members ID/Passport.

When adding beneficiaries, have their ID/passport numbers and provide their names.

3. Choose a plan that fits your budget

Four flexible cover amounts and premiums to suit every family.

4. Complete a simple application

No medical tests. Just answer a few quick questions.

5. Claim waiting period

• Get Immediate Cover for Accidental Death.
• A 6-month waiting period applies for natural death.
• A 12-month waiting period is in effect for death by suicide.

6. Claim pay-outs within 24 hours

Once all required documents are submitted, your claim will be processed and paid out within 24 hours.