Loans are acquired by different means like going to a bank and filling out the various documents or by going to a money lender and asking for money
. But Loans by Text is a new and advanced way to obtain money. This credit can be used to fulfil any need. Just one message and you have the finance that you had asked for.
The lending institute allows an advance of up to 100 for a period of 1 to 7 days. The finance has to be paid back within that time. An extra penalty fee will be charged if the applicant of the credit does not repay the cash within the given time. You will find the interest rate a tad bit high as compared to some other loans but this service is easy to acquire and absolutely risk-free.
This credit facility can be used for an end number of things like to pay the bills, to indulge in some weekly comfort, in an emergency situation and so on.
Fulfilment of a few conditions is also pertinent in these deals. Thus, it is imperative for the applicant to have proof of his residence in UK and submit such documents while applying for the finance. Accordingly, he must validate that he has an operative bank account In addition; he should be more than 18 years and work for at least three months in an institute. He should also have an operational mobile phone.
To apply for this cash, firstly, you must first register your mobile number with the lending institute from where you plan to borrow the money. Make sure to read all the details of the agreements properly while filling you form. After submitting the application, you will receive a confirmation email from the lending institute which will include your PIN code. So next time you need the money, message your PIN code along with the amount needed.
This form is accessible online where you can fill out the essential details.