subject: Same Day Unsecured Loans- Just Forgot About The Collateral [print this page] Are you a tenant and looking for the instant cash? Are you searching for a scheme under which you can get the cash without placing any valuable thing? And with this you need the cash on the same day of loan application. Then you must go for the new scheme introduced by the UK lenders, same day unsecured loans. This scheme is offered all over the internet for all your urgent needs, but interest rate will be higher.
In case of same day unsecured loans , the love amount approved will be dependant on the value of collateral placed by you. Eventually under this scheme you can get the funds with in range of 1000-25000. This amount can be repaid by you in the 1-10 year. This repayment duration is flexible and can be changed according to you repaying capability. The more you extend the repayment duration, more interest will be charged against you and rate associated with this scheme is quite high. So, it is advised to repay the amount earlier.
Your bad credit history is also well taken care of under this scheme. The lenders promise you to provide cash without any credit check. Thus, with this scheme those who are having bad credit score due to CCJs, IVA, late payments etc. can also access cash quickly. There are few requirements of lenders on this scheme. You need to be at least of 18 years, a permanent citizen of UK. You need to have a stable job that guarantees you at least 1000 per month. You need to have the checking bank account.
You can tackle the problem of high interest rate by spending some time in front of computers. Through the internet get the list of the lenders providing this service and compare their rate of interest. By this you can get the best scheme at the nominal interest rate.
by: Balvin Bart
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