subject: Military Payday Loans For The Real Heros [print this page] All the personnel serving in the defence forces are the real heroes of the nation. They deserve and command the utmost respect for the innumerable number of sacrifices that they do to secure their motherland. The martyrs who give up all that they have just to secure and protect the country, truly deserve a financial security and monetary support for themselves. That is the prime reason that the Military Payday Loans have been designed to secure and satisfy the fiscal needs of these soldiers. Basic day-to-day needs like paying various bills to buying certain daily items or clearing the already existing debts can be easily attained and met with this advance.
These are relatively small funds, wherein an amount ranging from 80 to 1500 can be lent to the borrowing soldier. The repaying option is very flexible and can be extended with an extra charge being levied to the entire amount which is supposed to be repaid along with the interest rate. But then the subsequent interest rate in this case would be considerably high as even the lender wants to secure his future and that too in a completely risk free manner. The individual, in turn, is expected to pay back the amount within 1-31 days.
There are a few necessary details that one has to fulfil to avail these credits. According to them,
The applicant should be a resident of UK with a valid passport.
He/she should be 18 years and above
His/her minimum salary should be atleast 1000 which proves the fact that he has the apt financial standing to repay the loan.
He should also possess an active checking account as well.
The best part about these funds is that even the retired defence personnel are eligible and avail it along with their currently serving counterparts. But then the only clause that they should be well aware of, as per the implicated regulations is that the concerned ex-serviceman should have worked somewhere earlier for atleast a minimum period of 3 months.
by: Jemson Devsen
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