Tag Archives: income

Debit card loans: Preferable monetary assistance at your disposal

At certain point of time, you have to face sudden monetary crisis, where in you need to source the funds within a short span of time. But, the task of arranging the funds on your own is never going to be that easy. So, you will have to get hold of the funds through external financial resources. This is precisely, when you can seek the assistance of debit card loans. With these loans, you can avail the required to deal with any short term monetary crisis, without having any outside interference.

The cash amount approved is made available to you on the basis of your debit card. Further, the amount released is a lot based on your income and repaying capability. As per the need and requirement, you are free to derive any amount in the range of £100-£1500. The amount availed can be used to cover expenses on needs such as;-

• Paying medical and hospital bills
• Loan installment
• Maintenance of car and house
• Unscheduled tour expenses

Once you have made use of the loans, it is time to pay back the amount, which you have to do it over a period of 2-4 weeks. But, even before availing 3 month payday loans, you will have to fulfill some prerequisites:-

• You need to be employed for the past few months
• The monthly income drawn should be at least £1000
• Must have access to a valid checking account
• Age should be more than 18 years

The interest rate charged on the loans, however is slightly higher than the normal rates. But then, you can come across lenders offering these loans against viable terms and for the same, you can undertake a detailed research of the loan market. Besides, one you make use of the online mode, you do have the option to source the loans against comfortable terms and conditions.

With debit card loans, you are well set in a position to derive the financial leverage that lets you take care of all your short term needs and demands.

Long term loans: Quick cash for long term needs

Long term loans are specially meant to help out people fulfil their long term needs. Since the living standard of people is rising day-by-day, their expenses are also increasing. But, the same is not for their monthly salary. They get a fixed monthly income and they have to manage all their expenses throughout the month in just that fixed monthly income. This is sometimes troublesome as it becomes impossible to satisfy all the monthly expenses in just a particular fixed monthly income. Therefore, one can opt for long term loans which help people satisfy all their long term needs without any trouble.

Long term loans are of two types, namely secured and unsecured. In the secured loans, the borrowers are required to place any of their valuable assets as security against the loan which thus helps them to get better terms and conditions like lower interest rat and larger loan amount. The loan amount for these loans ranges from $5000 to &75000 and have a repayment term up to 25 years. These loans are the best suitable option for those borrowers who can afford a valuable asset of their own as collateral against the loan. In the unsecured loans, the borrowers are not required to place any of their valuable assets as security against the loan. Thus, those borrowers who cannot afford a valuable asset of their own, this loan option is best for them. The loan amount for these loans ranges from $5000 to &25000 and the loan repayment term ranges from 1 to 10 years. The borrowers must satisfy some conditions before applying for these loans like he should be 18 years old or above, should be a reliable citizen of UK, should have an active bank account for the transactions to take place and should have a regular monthly income not less than $1000. The borrowers who suffer from their bad credit status are no more required to worry about their poor credit rating as these loans do not conduct credit check. Thus, all the borrowers who have bad credit score like missed payments, late payments, arrears, CCJs, insolvency, etc. can also apply for these loans without any hesitation as they won’t be denied for the loan approval or troubled-up in any other way.

The borrowers can search for a suitable deal online as there are so many lenders there who offer various deals. The borrowers can search through the internet and look out for a deal of their choice. They can compare the offers of different lenders and little negotiation can let them grab the best deal ever. The various advantages associated with online searching are like a lot of time of borrowers is saved, they are not required to go through any kind of botheration as they can apply for their respective loan from the very comfort of their own home and these loans approval procedures are very quick due to the absence of the documentation-work. The borrowers have to fill an online application form with some of the personal details and then send it to the lender. The loan amount will be transferred to the borrower’s account within few business hours.