subject: Instant Loans Till Payday Instant Monetary And Before Your Salary Arrives [print this page] People require money to satisfy their various financial needs. Some needs can be postponed for a later date, but some have to be met immediately. To satisfy these needs same day cash loans have been designed. They meet the borrowers need before his salary arrives. Thus the name instant cash loans till payday.
These advances are lent to the borrower must be repaid when his salary slip arrives. The financial aid granted ranges from 80 - 1500 for a period of 1- 30days. These are lent for a short time period, thus the interest charged is slightly higher. The repayment period is flexible. If the borrower fails to repay the credit after the stipulated period, a fine is charged.
1.The borrower should be a permanent citizen of the UK.
2.He must have completed 18years of age.
3.He must be employed in a company of good repute.
4.He must be employed for more than 6months.
5.His monthly income should not be less than 1000 per month.
6.He should have an active bank account in his own name.
Benefits of this credit;
1.These advances can be acquired by anyone regardless of his financial standing and credit rating.
2.These finances are sanctioned within 24 hours.
3.The repayment period is suitable to all borrowers. The finance has to be repaid with the next pay check.
Drawbacks:
1.As the lender grants this amount for a short time period, he charges a higher rate of interest.
2. If the borrower fails to repay the credit on the prescribed date, a fee is charged.
The borrower is not required to meet the lender personally to apply for such finances. He can do the same by applying online to suit his financial need.
by: Tony Simcox
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