Debit Card Loans - Meet Your Expenses Against Your Debit Card
Debit card loans are the cash advances which provide you instant cash aid for your unexpected and urgent needs
. These sudden expenses can arise anytime in the middle of the month and in order meet these expenses one can go for debit card loans. These loans require you possess debit card against your name.
Features
Debit card loans are simple and short term loans. These loans help you to fetch amount ranging from 100 to 1500 for the repayment tenure of 14 to 31 days. Rate of interest charged on these loans is slightly higher than other loans due to its short term nature. You are free to use this amount for various kinds of needs like medical bill, telephone bill, electricity bill, school fee etc.
ELIGIBILITY CONDOTIONS
To apply for these loans the borrower should fulfill certain eligibility criteria such as:
1. The borrower should be permanent citizen of UK.
2. He should be having a legal age of 18 years or more.
3. He should be earning steady source of income with the minimum of 1000 per month.
4. Applicant should be working in the same organization from the past six months.
5. He should be holding a valid and active checking account which should not be more than three months old to get the borrowed amount directly in your bank.
HOW TO APPLY?
The applying procedure for these loans is very simple. One has to fill an online application form with information like name, address; bank account number etc. credit amount is transferred to your account with in 24 hours of approval.
SUMMARY
Debit card loans are quick and simple way to get swift cash aid. People with bad credit too can apply for these loans because it does not include credit check. These loans do not require any faxing of documents or lengthy paper work. Thus you can avail these loans with least hassle.