Tag Archives: information
No verification loans- easy target for the needy
It was few years when the lenders were quite finicky about the detailed information of the borrower. Any confusion or unsatisfactory information used to lead to rejection of the loan application. A FICO score of 550 points of any borrower used to build negativity in the minds of the lender. The lender could not get confidence of lending money to the concerned person. Moreover, the loan was never issued to non property holder. It was a matter of risking huge amount of money. However, any emergency problem can compel any needy or the salaried person succumbs to the whims of the lender. Understanding the growing needs of the salaried class, the lenders are coming out with easy cash solution. As for instance, no verification loans are short term loans would enable any one to pay off the expenses till the next pay check.
Equip yourself with more information for no verification loans while going online. You would be able to track many details on these loans. You would find different quotations for these unsecured loans. The quotations would be at higher rate. No need to pledge any collateral against the loan amount, It is already known that you need not have to worry about your poor credit history. You would not be disapproved for any other bad factor like county court judgments, foreclosures, bankruptcy, missed payments, defaults, etc. The loan amount ranges between £100 and £1500. The repayment period would range between 14 and 31 days. It may be extended as per your convenience.
These loans are also known as no verification payday loans. It is because of the fact that these loans assure to fill up the financial gap till the next pay check. No need to send the unnecessary documents via faxing or go the lender in person to submit them. You would be facilitated with online application form to fill up the relevant information which is as follows:
a) You should be genuine citizen of US.
b) Must work in a reputed organization for not less than 6 months old.
c) It is necessary to disclose the bank account details which should not be less than 3 months old.
Submit the online application form without paying any processing fee. It would in fact go to the lender’s secured server. The loan amount would be deposited in to the bank account. Then you would be able to utilize the money you would want.
What Are The Benefits of Prepaid Credit Cards?
Prepaid credit cards have become all the rage lately as these cards provide a valuable financial transaction service that many people have long since needed. Essentially, prepaid credit cards are not credit cards at all because they do not extend credit. That service is the ability to use a debit card wherever credit cards are accepted. Instead of advancing credit charges one draws from a finite amount of deposited cash. Now, some may consider this a somewhat unnecessary service, but when one examines the benefits of prepaid credit cards it becomes obvious that these cards have a great deal to offer.
For starters, prepaid credit cards are a great way to protect oneself from fraud. While we would all like to assume that the world is made up of honest people, it is not. As such, there have been a great number of instances where people have been defrauded of their credit card funds. This happens often online as a number of less than reputable sellers operating out of seemingly unknown locations in the world rip people off for their credit card information. Considering the following common scenario: a person finds a website selling used books and makes a purchase using credit card information and when the credit card statement arrives it is discovered that the $5 book purchase led to $2,000 of purchases with the provided (and compromised) credit card information. Now, a prepaid credit card would be quite beneficial in this instance or in any instance where one is purchasing from an unknown vendor. For example, one could keep a very minimal amount on the prepaid card (say $20) so that if it is compromised the losses will be minimal and the card can simply be discarded.
Also, these prepaid credit cards are the same as using cash to pay for items without having to carry cash around. This can provide a safety net so to speak if the card is lost or stolen. For example, if you record the account number of the prepaid card and the card ends up being lost you could quickly transfer the balance of the card to another account. This way, no money is lost. Now, if a wallet full of cash was lost then…oh well…it is gone forever. As such, the ability to replace cash with an alternate means of payment is always a huge positive particularly one that also has a threshold limit of spending much lower than a credit card as a lost credit card can prove even more calamitous than lost cash.
Another aspect of prepaid credit cards that is supremely beneficial is the fact that these cards are based on a finite amount of money as opposed to advancing money on a borrowed basis. For some, there is a lack of desire to amass credit card debt, but the need for a credit card in the modern world is generally unavoidable. Additionally, there will be those individuals who would like a credit card but for a number or reasons they are turned down due to bad credit, lack of credit, etc. In regards to these problems, these prepaid credit cards come in handy as they provide a solution to such a dilemma.
As one can see, prepaid credit cards have a host of benefits that speak volumes for the value of these cards. So, if worries about lost or stolen cash or credit cards, overextending oneself on credit or simply wanted to avoid the complexities of applying for a credit card, prepaid credit cards provide a simple, safe and sane solution. What better of an endorsement could one ask for than that?