400 Loans over 12 months- A Unique Solution for All

by Anne Frank CEO

Now-a-days, the lending market of U.K. is flooded with various types of loans. Different loans are available for different requirements and needs of the borrowers. 400 Loans over 12 months are formed to meet sudden and avoidable needs of the borrowers which can’t be postponed longer. These needs could be anything like as: your home improvement or your car broke down on the way or you want to buy a new electronic item or you want to pay your children’s school fees etc. Such kind of crisis are common to every job person and can be a major hurdle in the absence of funds. But with these finances, you can deal them in an intelligent and organised way.

To start with, 400 Loans over 12 months loan schemes are designed such a way that they can put full stop to all your worries within a short span of time. These cash plans offer a decent amount which usually ranges from £100 to £1500 for a short repayment term of two to three weeks. As the reimbursement term is short, borrowers have to pay back these finances on their next pay cheque which is just few days far. Unable to pay back o decided date, the loan term can be extended as per your convenience. But, you will have to be ready to face the penalty charges imposed by the lender which could make these loan deals expensive for you. Moreover, these loan plans are a great option for bad creditors. Whether, they have defaults, arrears, CCJs, IVAs, in their account even then, they can easily fetch these funds without any hassle. This is possible just because of no credit check process which is no more valid in these loans.

Applying these cash plans is not a hard nut to crack. The lender has made it easy and affordable according the needs of the customers. Now, there is no need to stand in queues for hours. Also, there is no need to send or fax the documents. No documentation or credit verification is the beauty of this loan. You just have to fill an online application form and the amount will be transferred to you within 24 hours. The process is hassle-free and quick for the borrowers.

Further, one can apply these loans undoubtedly if he has capability to meet the eligibility grounds decided by the lenders. In order to be eligible, you must have U.K. citizenship. You also must have a valid bank account working for the last three months. Along with these, you must have an age of 18 years and last but not the least, you must earn a minimum of £1000 per month. You must hold a good job in a reputed organisation which is vital for the approval of the loan.

What is more, most of the lenders approve 99% applications which fulfil the eligibility criteria. In addition, faxing, sending the documents to lender’s office are meaningless now. Heavy documentation and paper-work which were the major cause of delay in past, are not more important. What is important is borrower’s comfort and convenience. Finally, 400 Loans over 12 months can be a matchless option for you if you repay them timely. This will help you to avoid extra charges and inconvenience and help you to maintain your positive credit score.