You are tried to hear that your loan request has been rejected because of your poor credit record. And you have to pay an urgent bill. Cash advance loans are approved in just few hours time and hence you can easily pay off your pending bills without waiting for long hours.
They provide you an amount that ranges from 80 which is the minimum amount to 1500 which is the maximum amount that you can avail under these funds. This amount can be used by the borrower for a period of 1 30 days. The period is flexible and if in case you need an additional time to repay this amount you can easily extend the period by giving a prior notice to the lender.
To apply for Cash loans you need not visit the institution in person but just fill in an application with your necessary details no the internet for free. The borrower has to fill in the correct details asked by the lender, as this helps in approving the loan request faster.
The lender than verifies your data and the amount is transferred to the respective borrowers bank account in less than 24 hours duration.
Eligibility conditions for availing these funds include the following:
You should have citizenship of the UK.
Your minimum age should be 18.
You should be an employee for minimum 3-6 months.
Minimum income should be 1000.
You should have an active bank account for further transactions.
Before applying for such funds a good research needs to be done in the market and online for acquiring good rates from the lenders.
Online method is a preferred option for application of such advance as it makes you many different rates from the lender which help you in applying for the best one.