subject: Door Collection Loans: Avail Urgent Cash At Your Home [print this page] Door collection loans are meant to serve the borrowers at their home with the cash for their urgent requirements. These loans are known for eliminating almost all the hassles and hurdles that are usually associated with other loan products. You can borrow the cash instantly without credit checks.
These loans imply that a lending companys agent or representative will visit your home on your phone call to lend you the cash. The agent will have a talk with you about your monthly salary and employment record. When satisfied, he will give you the cash without any documents.
door collection loans can fetch you smaller cash ranging from 50 to 500 for its repayment in two weeks. The repayment date may be your next payday or any other day. You can repay also in weekly installments.
These are also called as home collection loans as the lending companys agent will visit back your home on the due date to get the loan back and interest payments on it. Thus, you do not have taken the trouble of repayment and there are no chances of missing the repayment.
You can also borrow the cash under door collection loans without credit checks from the lender. Your past mistakes of making repeated late payments, defaulting on payments and having CCJs or arrears do not come in the way of borrowing of cash as the lenders do not enquire about such a history.
But you should pay attention also to high APR on these cash loans. Borrow only an amount that is not burdensome on your next paycheque. Compare as many lenders as you can to find an affordable offer.
Borrow from genuine lenders who operate at larger scale as such lending companies do not indulge in unfair lending practices such as forcefully demanding the loan amount back in case you fail to repay on time. Make sure that the rates on the door collection loans are competitive.
by: Joseph A Scott
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