The increase in technology has introduced many forms of lending to make life simpler for all types of borrowers. Fast text loans are one such example. These advances are very convenient. You do not have to wait for your next payday. Avail these funds to you're your life easy and stress free.
The amount can be used for various purposes that suites the borrower such as to pay off medical bills, telephone bills, car bills, home renovation and so on. You are offered an amount upto 100 for a period of 1- 7 days. They carry high interest rates as they are offered for a very short period of time and are provided instantly. They have a flexible repayment period. The lender debits your bank account with the amount of finance on the date of repayment. Incase you are not able to pay off the credit amount borrowed you can also extend the repayment period. The borrower will however charge you a penalty fee.
In order to be eligible for instant text loans you need to fulfill the following conditions:
* You should be a citizen of UK.
* You must be above 18 years of age.
* You should be employed with a regular income.
* You should have a minimum salary of atleast 1000.
* A mobile number.
* An e-mail address to co-ordinate with the company.
You first need to register your mobile number with the institute from whom you will borrow your funds. The application procedure is very simple and involves very less time. You just need to fill an application form giving all the necessary details. The lender verifies the details. Once the application is accepted the lender will send you a confirmation e-mail. The mail will also include all the terms and conditions and your personal PIN number. However next time if you are in need of money you just have to send a text to the lender stating the amount required and the repayment period. After few minutes the amount gets transferred to your account.