Tag Archives: tenants
Tenant Loans – Can Tenants Really Get A Loan?
If you rent your home and you need to borrow money with an unsecured loan, a tenant loan may be easier to get than you think.
In the past, lenders have tended not to cater for tenants because of their concerns about what may happen should their borrowers default. In the vast majority of cases, this fear has not been fully justified.
Property prices have soared in recent years, taking many people further away from their dream of owning their own home, whilst others prefer to rent because it allows them more flexibility over where they live, particularly when their job requires them to move fairly frequently. House prices are constantly in the news and a whole industry has mushroomed with property speculators eager to make a financial killing on the capital asset growth that is sure to follow. Unfortunately, this doesn’t really help if you’re looking to get onto the property ladder and as a result, thousands of would-be first time buyers seem to be being edged further and further away from their dream of owning their own home.
Greater numbers of people looking for tenant loans have made the UK lenders sit up and take more notice, so more and more tenants are now able to get their unsecured loan than ever before. Interest rates are more competitive and there are even flexible payment options on certain plans.
So what can tenant loans be used for?
– buying a new car or motorbike – going on a fantastic holiday – consolidating debts – a fabulous wedding with all the trimmings, or even – when considering buying your own home
In fact, you can use the money for just about any personal use. If you’re looking to use the money on a commercial venture however, you may find more difficulty in securing the funds.
Who can apply?
You can probably think of many more uses for unsecured tenant loans but whatever your loan purpose, you may still find that getting a tenant loan is much easier now than in the past and any type of tenant can apply:-
– council tenants – private tenants – housing association tenants, or even – tenants living with parents
There are a few questions that may need to be asked since the lender has a set of criteria that they will need to meet but it may only take a moment to complete a tenant loan enquiry online, so don’t worry. You should get everything in writing from your provider and when you have completed and signed the credit agreement, provided you have met all of the criteria set by the lender, your tenant loan should complete within a few days. Simple!
If you are in the market for tenant loans, go ahead and give it a try. You never know!
Bad Credit Loans A Great Rescuer in Fiscal Difficulties
Deprived borrowers now can easily arrange funds as per their needs. Instant bad credit loans are the foundation through which you can take financial support in spite of being adverse creditor because these funds are specially curved out for those people who are suffering from bad credit ranks like:
Bankruptcy,
Insolvency,
Country Court Judgments
Individual voluntary arrangements
Late payments,
Defaults,
Arrears,
Skipping of installments etc
Bad credit loans are classified in two forms secured and unsecured. Individual who are in need of large funds, they can apply for the secured loan and derive the amount ranging from £5,000 to £75,000 for elongated time period of 5 to 25 years. But keep in mind that you are required to put your collateral against in lieu of the secured loan. The rate of interest is very low as your collateral is guarantee for this amount.
In contrary, unsecured loans for bad credit people are the ultimate solution. All kinds of tenants like home tenant, private tenants, council tenant or living with parents can easily credit the money ranging from £1,000 to £25,000 without pledging any precious collateral in opposition to the loan. You can repay this amount within the time period of 1 to 10 years. But the rate of interest levied on the amount is a bit high.
With the help of instant loans for bad credit you can meet your various personal needs. You can use these credits in purchasing new car, running new business, going on exotic holidays, paying for higher education, purchasing home, paying off medical or hospital bills, consolidating debts, arranging the wedding expenses and so forth.
Pave the way to derive funds in comfortable manner. Now you can apply for instant bad credit loans by filling out a simple application form that is available on the loan givers websites. In application form you have to fill right entries and submit it. Once your application is accepted to the online expert and he verifies it in no time and youre contacted soon. The required money gets transited into your active checking account within a matter of hours. Via online mode you can save your precious as it is a hurdle free mode.