Required Funds with Repayment Tenure of 12 Months

12 month payday loans have been devised for all kinds of borrowers so that he can put a full stop on all kinds of wants. You can easily apply with an online application form. The paperwork needed is not much.

Each and every person needs a certain amount of money all time. If this amount falls short it would mean that, he would not be able to meet the expenditures of the requirement of his family members. This kind of a situation would bring about dissatisfaction into their lives. Are you also facing such kind of a situation? If yes then you can apply for payday loans over 12 months without thinking much. In the case of this monetary situation, the borrower would obtain required funds with repayment tenure of 12 months.

One would not face the troublesome situation of paperwork in this process of money lending. There is no need for you to worry at all, your precious time, efforts and energy would not be wasted in undesirable filling and faxing of documents.

By going with 12 month payday loans, you would get an approval for an amount that would be as per his financial situation as well as his settlement condition. The span of the repayment of the borrowed amount is quite comfortable here that is 12 month and with this money, you would be able to do things that are important for you. You can pay the credit card installments, can pay the fees of the kids, can pay the household and utility bills, can go on a vacation with the family and so on.

In order to apply, the free of cost and no obligation online application form on the website of the money lenders has to be put into use by filling personal details. You can do it while being at office or home. As and when the process of verification would come to an end, you would get an approval easily. Within the least possible duration, the credit aid would get transferred into your bank account that would be 3 months old.

In addition to his, there is no need for you to worry at all if your have an imperfect credit score to take care off as such kinds of people would get an approval without any wait. Your application form would be given a sanction by the money lenders and you would not face a rejection.

You get risk-free finances as there is no process of asset check. This makes the rate of interest a little high. Entire priced possessions such as house, stock papers, car and so on are not needed to be kept as a security.
About the Author

Jon Davies the author of this article publishes informative articles on various kinds of loans. He writers useful articles on 12 month payday loans, guaranteed payday loans bad credit, payday loans for bad credit and many other topics.

Article source: http://goarticles.com/article/Required-Funds-with-Repayment-Tenure-of-12-Months/5713287/

Save Valuable Time by Applying Online for Payday Loans

Payday loans online have been devised to provide small cash help to salaried class people for day to day needs. One can simply apply by using an online application form.

In the earlier times when a person from the salary class required additional cash help to put into use for either an emergency or a daily task, he had to go to the office of the money lender to apply for it. All this leads to a lot of wastage of time, energy as well as efforts. Understanding this, the financial experts have come up with payday loans online for the salaried class individual. By going with this monetary capacity, the borrower can save is valuable time by applying online.

The process of application is very simple with a free of cost as well as no obligation online application form. This form has to be filled with personal information that is real. Such forms that are provide on the website of the money lenders can be filled from the comfort of the home or office. Once the process of verification would come to an end, you would get an approval instantly. In just 24 hours, the cash advance would get transferred into your checking account of the back that should be at least 3 months old at any cost.

The borrower on opting easy payday loans and no credit check payday loans would get an approval for a sum of money that can go up to £1000 and comes as per his repayment capacity as well as fiscal capability. The tenure of the settlement of this cash can go up to 31 days. With the help of the borrowed credit aid, he can meet the expenditure of all sorts of remaining tasks. He can pay the household and utility bills, can pay the debts, can make the payment of the debts, can pay the installments of the credit card, can send the car to the garage to get it repaired, can make the required house repairs done, can pay the school or the tuition fees of the children and so on.

It is important that one should be careful before he takes up this option as the rate of interest is slightly high since he gets an instant approval. In this process of money lending, the documentation required is very little. You would not get intertwined into any time-taking filling and faxing of papers. In addition to this as there is no process of credit check, on would not be required to give a confirmation of the less than perfect credit status. You would get an approval easily.

Payday loans online have been devised to provide small cash help to salaried class people for day to day needs. One can simply apply by using an online application form.

Article source - http://bizcovering.com/business/save-valuable-time-by-applying-online-for-payday-loans/

John Werner the author of this article publishes informative articles on various kinds of payday loans. John writers useful articles on payday loans online, 12 month loans no guarantor, 24 month loans bad credit and more.

No Credit Disclosure Required For Asset-free Cash | PRLog

No Credit Disclosure Required For Asset-free Cash | PRLog

Door To Door Loans: Grab Cash Right at Your Doorstep

Among all the types of funds in the UK the door to door loans are the fastest that are provided to people who apply for urgent cash. They are also easy to obtain compared to other advance. These funds are short term unsecured loans. The loans provided to people at their door are called door to door loans. The USP of such types of loans is that they are provided immediately. Therefore if you are in urgent need of some hard cash for unwanted financial crisis you can apply for instant cash.

If you have bad credit and find it difficult to get loans easily, you can apply online. Lenders provide these loans to borrowers without much difficulty. These loans are designed to meet the needs of people who are in need of small amount of money and do not have enough time to wait for the loan amount. The repayments are usually made in installments according to the convenience of the borrower.

How to Avail Quick Money?

If you are pondering over the issue how to avail cash advance, lenders can help you get one. The process of application for door to door loans is very easy. You just need to fill an online application form and submit it. This much is required on your.art to do. The rest is lenders job to process your loan application, approve the loan and deliver it at your door step.

Because these are unsecured loans you do not have to put any asset at stake for the loan borrowed. The loan amount is delivered to your doorstep within few hours of application without any question of collateral. There are many loan providers who do not bother to waste time on paper works and other formalities. To avail the fund you do not have to send fax or any documentation. Just providing us your address, name, phone number, email id and the amount of money you need is enough to get the loan approved. Your unemployed status has nothing to do with the approval of the loan.

Credit history is also negligible in case of advance cash. The credit history is not considered an important factor for approval of loans. People with bad credit history too can get loans without worrying about the defaults and other factors that led to bad credit score.

Interest Rates and Repayment Terms

The cash loans to your door being unsecured loans tend to have a high interest rate. But providers offer reasonable interest rates on fund to people who are looking for some immediate money before payday. The flexible repayment terms in installments help one pay the loan amount without any hassle.

Article Source: http://EzineArticles.com/6398705

12 Month Loans - Monetary Option With Easy Repayment

There are various categories of people who face inadequacy of funds. One such bracket is of the salaried class individuals. Are you also such a kind of person? If yes then opt for 12 month loans no guarantor. With the help of this monetary service, the borrower can get hold of monetary option with easy repayment. This short-term facility carries rate of interest that is considerably quite high. Therefore, you should take note of your ease while applying.

The process of application is quite simple with no obligation and free of cost online application form. Such a form would be given on the website of the money lenders. You are required to fill the form with your genuine personal information. As and when the process of verification is over, you would get a quick approval. The sum would get transferred into your bank account, within just a day's time.

12 month loans no credit check lenders provide an amount that falls in the tiny range of £80 to £1500 that you can easily repay in the suitable settlement time duration of 12 months. You would get an approval for the money that is as per your financial ability and repayment ability. The borrower can make the payment of his household and utility bills, can pay the installments of the credit card, can meet educational and medical bills and so on.

There is no need for you get into any paperwork. In this process of money lending, the money lenders have a bendable approach as far as any kind of filling and faxing of documents are concerned. Moreover, there is no need for you to give any credit confirmation. The process of credit check is not followed. Imperfect credit scores such as missed payment, late payment, payment overdue, IVA, CCJs, insolvency, bankruptcy, insolvency and so on would not be paid any heed.

Article Source: http://EzineArticles.com/5871540

Payday loans now cover a whole year – at 278% interest

Payday lenders, famed for offering short-term loans at sky-high interest rates, are moving into the medium-term loan market offering 12-month loans with three-digit interest rates.

FlexCredit, Pounds to Pocket and 12monthloans.co.uk all offer loans designed to be repaid over a year at an extortionate APR of 278 per cent. That means if you borrowed £500 for a year you would pay back £79.09 a month, a total of £949.01 which includes an interest bill of £449.01. If you borrowed £2,000 you'd end up repaying £3,796.32 over 12 months.

The 12-month loans appear to work on the same premise as payday loans – a quick online application process, limited credit checks and the money in your account within 24 hours. All you need to be eligible is a bank account, a job and to be aged 18 or over.

Payday loans sprang up in the UK when the credit crunch hit. An import from the US, they generally charge about £25 for every £100 borrowed with the money repaid within 28 days, ie on your next payday. However, charges can spiral if repayments aren't made on time and payday loans have typical APRs of 1,300 per cent upwards. Payday firms typically advertise on daytime TV, a strategy which some critics suggest targets the unemployed.

A Which? investigation uncovered widespread poor practice in the payday loans market, including potential breaches of the Consumer Credit Act, poor privacy provisions and inflated APRs. Labour MP for Walthamstow, Stella Creasy, has campaigned for a crackdown on payday firms and has called – to no avail so far – for a cap on the interest they charge.

Payday firms extending their reach into the 12-month loan market is a worrying move. The firms typically defend their sky-high interest rates on 28-day loans by saying that the loans are designed to be repaid in a month and therefore the APR doesn't offer a fair comparison of the costs with other forms of credit over the same short time period.

But, obviously, this argument does not stand up when it comes to 12-month loans. The APR or annual percentage rate offers a clear comparison of the costs.

If you miss a payment with Pounds to Pocket you'll be charged a penalty fee of £12. According to the website, "if you miss a certain amount of consecutive payments, we may accelerate the full balance of your obligations to us and the entire outstanding balance plus all accrued and unpaid interest that is owed will be declared due and payable".

Una Farrell, a spokeswoman for the Consumer Credit Counselling Service, says this type of high-cost credit can lead to serious debt problems.

"Unfortunately, the economic downturn has seen a mushrooming of this type of loans as many families struggle to make ends meet," she says, "Advertising on daytime television is a cynical way to market an expensive product towards those who aren't working and likely to be short of cash. I would urge anyone considering taking out one of these loans to shop around for cheaper forms of credit."

If you compare the cost of Pounds to Pocket, FlexCredit and 12monthloans.co.uk with the high street, the difference is quite staggering as the table shows. A £2,000 loan with the Post Office at 14.9 per cent repaid over 12 months would cost £154 in interest over a year, whereas you would pay almost that much a month with less scrupulous lenders. Monthly payments would be £179.55 with the Post Office and £316.36 with one of the online lenders.

"With high street banks adopting a more cautious lending approach there will be more people tempted to borrow from these loan companies charging extortionate rates of interest," says Andrew Hagger of Moneynet. "The problem for borrowers with minor credit issues is that there's no half way house. If you can't borrow from the bank at 18 to 20 per cent APR, then you are looking at having to pay over 270 per cent. There doesn't seem to be anything in between. These lenders are taking advantage."

Both Ms Farrell and Mr Hagger agree that financial exclusion is at the heart of the issue, where people feel unable to, or are unable to, seek credit from the mainstream banking system. "It is important that people open bank accounts and do what they can to improve their credit rating such as putting their name on the electoral register," says Ms Farrell. "They shouldn't be afraid of seeking credit from a bank just because they haven't before."

FlexCredit and 12-monthloans.co.uk are trading names for PDB UK Ltd. PDB stands for Pay Day Bank, which also has operations in Australia, Canada and the US. Pounds to Pocket is part of Chicago-based Enova Financial Ltd which in turn is part of the Cash America International Inc. None of the firms responded to The Independent on Sunday's questions about their lending practices.

Source: http://www.independent.co.uk/money/spend-save/payday-loans-now-cover-a-whole-year--at-278-interest-6261300.html

Top 10 Payday Loan Lenders In The UK

There are many factors to consider when searching for a top payday loan lender. Each lender has features that differentiate it from others; And knowing which one to choose is not always simple.

The top 10 payday loan lenders in the UK have many compelling features. And as online reviews show, they've surpassed other lenders by providing an excellent service for their customers.

You may be familiar with some or all of these lenders. If not, we've carried out this quick review to show you a few of their essential features and terms.

So here's our brief guide to the top 10 payday loan lenders in the UK

1. PaydayUK

PaydayUK is one of the best lenders in the UK. They have favourable terms and one of their best features is that they deposit funds in your account within an hour. They don't require you to fax any documents and they charge £25 for every £100 you borrow.

2. Quick Quid

Quick Quid allows you to borrow up to £1500 and this is a lot more than you'll get from other lenders. But they won't approve you for that amount on your first application. There are no hidden fees involved with your loan and funds are deposited in your account quickly

3. Payday Express

Payday Express is a good alternative to other payday loan lenders. They provide a top-notch service and lend you up to £800. They charge 25% on every £100 borrowed and the funds are transferred to your account the same day.

4. Wonga

Wonga offers one of the easiest application processes. And they provide a loan slider on their website that allows you to see how much you'll repay. They also charge based on how long you borrow and this is reflected on the loan slider too.

5. Txt Loan

Txt Loan is different from other lenders and usually lends about £100 over a one week period. It is one of the best because of simplicity and quick application process. And you can apply for a loan wherever you are via SMS - which is as simple as sending a text.

6. Lending Stream

Lending Stream offers a variety of loans and you can repay in installments of 4, 5 or 6. They allow you to pay off your loan early to save on charges. And they don't carry out any credit checks on your application and you won't have to fax anything.

7. Speed-e-loans

Speed-e-loans is a good lender and provides other services like prepaid credit cards for people with bad credit. They are a relatively new entrant but have a growing reputation. They charge 1% per £100 borrowed per day, which can save you a lot if you repay early.

8. Mr Lender

Mr Lender is another new payday loan lender. They offer complete transparency over charges and their model is similar to Wonga's. They also include a loan slider which offers a complete breakdown of what you repay on your next payday. Their charges are £25 on every £100 borrowed, irrespective of the loan duration.

9. Wage Day Advance

Wage Day Advance is one of the most reputable lenders in the UK. They offer loans of up to £1000 and complete a same day transfer. Like many other lenders, they charge £25 for every £100 you borrow, but they have a £15 same day transfer charge which is higher than what other lenders charge.

10. CashGenie

You can borrow up to £750 from CashGenie and easily repay it from your bank account on your next payday. Their charge for every £100 borrowed is £30, which is higher than many other lenders in the industry. They have received many positive online reviews for their excellent service.

Summary:
There are many other good lenders in the UK and we recommend you search around before applying. We also recommend you apply through a reputable broker who will send your application to all the top lenders.

Article Source: http://EzineArticles.com/6683381

Unsecured Loan Approval Not Ruled Out By Bad Credit Ratings

Looking for unsecured loans is an uncertain business for all of us. Generally, success with an application rests on our credit history and our stated salary, but there are no guarantees at all, and at times it might seem like a complete lottery.

It seems only logical then that getting approval for unsecured financing of any kind is an impossibility for those of us with poor credit rating. After all, the confidence that a history of meeting monthly payment obligations and repaying a loan is gone, so there is nothing that a lender can rely on.

But the fact is that approval for loans that are unsecured is possible, even for those with a poor credit history. However, a few steps made on behalf of the applicant and some extra conditions imposed by the lender, can both be expected.

Approval Requirements

Getting approval for any kind of loan e.g. payday loans, cash loans and unsecured loans is a challenge, but it is generally accepted that having collateral makes the whole process much easier. Getting approval for unsecured loans should be a nerve jangling experience, but in some cases it can actually be less troublesome. However, the surprising fact is that credit history is not always a requirement for unsecured loans, especially when the loan is being offered online.

This is because the only concern for the lender is that the applicant has a proof of income and a bank account from which the monthly payment can be withdrawn automatically on a set date. With the responsibility for making the payment taken out of the hands of the borrower, approval for loans that are unsecured is effectively guaranteed.

Still, not every lender is so generous. Tougher terms typically exist, such as lower limits and a higher interest rate, with the lack of collateral meaning that a credit rating is a central factor in gaining approval for unsecured financing. Of course, there are a number of things that can be done to bypass this too.

Getting a Co Signer

Probably the easiest route around the problem of unsecured loan approval is to get someone with a good credit rating to become a co signer on the loan. This means that should the applicant fail to make payments, the co signer will pay on their behalf.

Getting approval for loans that are unsecured is certainly made easier with that kind of backup. For many people that means approaching a family member who trusts them and knows that the unsecured loan will be paid, but are willing to foot the bill if necessary.

Improving Credit Rating

A second step towards approval for unsecured financing is to actually improve your own credit rating. This is certainly not simple, and will take time to accomplish. A recent track record of making payments on time is needed, with a period of 6 months the normal duration. That effectively means waiting for 6 months before seeking approval for unsecured loans again.

There may be some effort required, but bad credit history is not the end to loan approval that everyone seems to think it is. In fact, unsecured loan approval is still very much possible, provided the applicant has either time on their side, a trusting co signer or a lender that is willing to turn a blind eye to credit history and insist on automatic unsecured loan repayments direct from their bank account.

Article Source: http://EzineArticles.com/6674554

How to Get Approved for 12 Month Loans Regardless of Your Credit

It is only by making use of the required sum of money that we fulfill our own and our family's needs. So, this makes it quite clear that when a person is facing the problem of scarcity of finances, he would not be able to do tasks that are essential for him. If a person is facing such kind of a problem then he can opt for 12 month loans. In this process of money lending, the borrower would not be getting into asset check for funds.

The lengthy process of asset check is not followed, thus, there would be no need for you to place any of your priced assets such as house, stock papers, car and so on to keep as a security for the needed sum of money. The cash that you would get would be risk but would come at high rate of interest.

Apply for 12 month payday loans, with free of cost and no obligation online application form that would be given on the website of the money lenders. Fill in your personal details. Once the process of verification would be over, you would get an approval. In the least possible duration, the finances would get transferred into your bank account.

12 month cash loans come to you with least amount of paperwork. Because of the electronic mode of the transaction of the approved amount of credit aid, no loads of filling and faxing of documents would be required from you in this process of money lending.

You would get an approval for the credit that would be as per your monetary ability as well as repayment capacity. The span of repayment as mentioned is 12 months that is a year. You can make the payment of all kinds of unfulfilled tasks such as paying the household and utility bills, paying the kid's fees, going on a holiday and so on.

Moreover, the imperfect credit score of the borrower would not pose any trouble for him in gaining an approval. The money lenders accept the forms of such kind of people without much of delay. Due to all above described benefits these monetary assistance are quite popular among UK people these days.

Article Source: http://www.articlesbase.com/loans-articles/how-to-get-approved-for-12-month-loans-regardless-of-your-credit-5364000.html

About the Author

John Werner the author of this article publishes informative articles on various kinds of payday loans. Get useful information about payday loans online, fast payday loans, loans over 6 months and more.