Payday Loans in the UK Offer you Several Benefitsby Cleta Lawhorn Internet Marketing
The economic recession in the world, and the UK has severely hurt personal finances. All major high street banks, such as Barclays, HSBC, Natwest, Lloyds, now have much tighter restrictions on who they would approve for loans. All those who fail to qualify due to their poor credit score have no choice but to turn to payday loan providers who do not carry out any credit checks.
Payday Lenders not brokers, are leading providers of payday loans in the UK, and have successfully provided payday loans in a hassle free way to thousands of UK residents. You just have to visit their website and provide your name, and email id to take the matter further. They will get in touch with you within hours and provide you further instructions. You can get any amount between £100 and £1000 within hours.
The best thing about payday loans is that all those who have a bad credit score, and need quick cash can get specific amount of money within hours. They can return the money on their coming payday. This is beneficial to many as unexpected expenses can come up anytime, and money can be accessed within minutes.
However, in case you are interested in getting a payday loan, you will have to prove that you have full time employment, and show proof that you are really earning. That means, you need to provide P45 wage slip. This wage slip is used by the lender to determine the amount of money that can be offered to you. It means that every person can access only limited amount of money depending upon his or her monthly pay.
Eligibility for securing a payday loan in the UK:
* Applicant should have a UK bank account that can easily receive or send debits
* Borrower should be at least 18 years of age
* Should be a UK resident, and should also be eligible for employment
* Should be employed in a job that provides at least £750 every month
* Should be enrolled in a program where paychecks are deposited directly in their bank account
High credit score or history is not necessary for getting a payday loan. Therefore, if you have a poor credit score, you can still get approved for this loan. If you cannot pay back the loan amount on your next payday, you can get extension by paying a nominal fee to the lender.
You won't have to fax any documents to the lenders office, as entire process is online. Once you submit your details, a representative will get in touch with you within hours, and once your details are verified, the loan amount will be transferred to your bank account. You can use the loan amount as per your needs and return it on your next payday.
Although you may have to pay slightly higher interest rate, but it won't matter much, as you are borrowing the loan only for the period of one month. With payday lenders not brokers, you can not only get the best deal on payday loans, but get a speedy service to enable you to meet your financial emergencies with ease.
If you are looking for Payday Loan Lenders not brokers, you can Go here. They offer Payday Loans from £100 up to £1000. Apply online in 2 minutes and get your loan into your bank account within 2 hours.
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Created on Aug 18th 2012 14:07. Viewed 79 times.