What will happen if you face some unexpected emergencies at the end of month when
you are almost out of cash? Well these unexpected emergencies are not the things to worry about these days. Loans today provide you instant cash to meet your urgent emergencies without any delay. These are the loans provided for short term so that you can overcome your financial adversity easily.
You can very easily and quickly apply for loans today . You just need an internet connection to apply for these loans. You have to go online and fill an application form with some basic information and you will get the loan in your account on the same day. However you have to meet certain eligibility criteria before applying for these loans which are mentioned below:
The applicant should a citizen of UK.
The applicant should be a permanent employee of a firm.
The applicant should be of or above the age of 18 years.
The applicant should have a valid bank account in UK bank.
Lenders can approve the amount that ranges from 100 to 1500 under this scheme. The loan is provided for the short term. Repayment term of the loan is 14 to 30 days. The borrower is free to use the amount for his personal purpose. He can use the amount to pay telephone bills, electricity bills or for any other emergency.
If you have bad credit score even then you can easily apply for these loans as no credit check is done by the lenders. These loans are free from tacky formalities. You dont have to fax any documents or papers to the lenders. Also borrower is not required to submit any kind of collateral or security to the lender. So the rate of interest charged on these loans is slightly higher on these loans due to high risk involved. But there are many lenders who negotiate on the interest rates on the basis of repayment term.