subject: 3 Month Payday Loans Urgent Money For Longer Duration [print this page] If you need cash immediately and want to repay it in a longer duration as your present monthly income is not sufficient, then 3 month payday loans can be safe option for your circumstances. These loans allow you to borrow the cash instantly within 24 hours for its repayment on your next payday or for three months.
The loan amount can be put to use for any regular expenditure or emergency purpose like instant repairing of a car, payment of credit card bills and electricity bills or attending to any family urgency. But the applicants should be UK citizens of at least 18 years of age and should be employed for past six months. Such applicants should also have a bank checking account also.
3 month payday loans range from 100 to 1500. Its approval is generally given against taking a post-dated cheque plus interest payment from the applicants. The repayment can be made on the next payday or you can extend the loan for three months as long as you are paying the interest charges to the lender.
If you had been carrying a bad credit history that involves risky tags like late payments, payment defaults and CCJs in your name, then still these loans are instantly approved without any credit checks done on you.
However, a little disadvantage associated with 3-month payday loans is its expensive APR. the salaried people have to fork out a greater interest payment and it becomes burdensome if they do not return the cash on the due date. So, to escape from the debts, repay the loan without extending it for many weeks.
It would be better if you borrow the cash from online lenders whose interest rates are competitive and lower than others. Search the Internet and compare the lenders who are offering 3-month payday loans at affordable interest charges.
by: James Scoobie
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