subject: Debit card payday loans: a viable option indeed [print this page] In times like these, when your financial position does not seem to have a strong base, taking care of unpredictable expenses is never going to be easy; unless, of course, you do look for other way to arrange the funds. Since the nature of the expenses requires you to arrange the funds instantly, you will have to look for loans that fit in to your scheme of things. Well, in that case, you can count upon the option more commonly known as debit card payday loans. By availing these loans, you will be able to get hold of the funds instantly and that too against suitable terms.
For your own information, these loans are made available against the debit card that you own. In fact, the amount is automatically diverted in to your bank account, in a span of few hours. Moreover, the fact that there is no place of involving any collateral, which further speeds up the processing of the funds. Other than that, the propensity of the lenders to sanction the amount without checking the credit history makes way even for applicants with severe credit problems to derive the funds.
But, prior to the approval of the loans, there are certain requirements, which you have to fulfill. In this regard:-
- Employed with a fixed and regular income
- A valid and active bank account, at least 3 months old
- Age must be more than 18 years
Now, depending on the need and the requirement, an amount in the range of 100-1500 is immediately released, which then gets diverted in to your bank account. As for the repayment tenure, it spans over a period of 14-30 days. The interest rate charged too is somewhat higher than the normal rates. However, with a detailed and proper research and by comparing the rate quotes, you do get access to suitable terms. Further, you can also use the online application mode, as it lets you avail the funds without any hassles.
With instant loan today, you can now source the funds required without facing too many complex issues.
Debit card payday loans: a viable option indeed
By: Alan Butcher
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