Unsecured Loans In 1 Hour - No Need To Place A Security
Do you need finance for your personal needs? May be you do not have any property
to pledge or rather you fear losing your collateral? Well you do not have to worry as Unsecured Loans in 1 hour are initiated to help you fund your needs without the need for you to place any security. The unique feature of this form of credit is that they provide you immediate funds within an hour.
When you apply for these advances you do not have to place any security as this form does not demand any. You are offered an amount ranging from 1000 to 25000. The repayment period varies from 1- 10 years. The lenders risk in dealing with you is more as the lenders risk is not backed by any collateral. Hence they carry a high rate of interest.
You can use the finance borrowed for varied reasons such as; to pay off your pending expenses, wedding expenses, to purchase a house or a car, to renovate your home, for educational purposes, and so on.
These finances are very beneficial for tenants and non-homeowners. Moreover they are much safer than the secured form as you do not have to worry about losing your security.
Eligibility criterion:
You must be a citizen of UK
You must be above 18 years of age
You should be employed with a regular income
You must possess a valid bank account
You can also apply for these advances irrespective of whether you have a good credit history or a bad one. However you must be able to prove your repaying ability to the lender to assure him of your credit worthiness.
You can also apply for this credit through the online mode. All you need to do is fill the online application form. It saves a lot of your time. In addition you do not have to stand in long queues nor go through the hassles of long queues.