Loans For Disabled People-for The People On Benefit From Dss
The ones who are disabled cannot go with the speed of the other people living in a society
. Sometimes, this thing brings inferiority complex among the disabled people. As these people cannot do work on their own, they usually face financial problems. The society sees disabled ones as a burden on Earth and never helps them. To provide them with full financial support especially in critical situations of life, loans for disabled people have been introduced. The borrowed money can be used for day to day expenses. Those expenses can be car repairing bills, electricity bills or even if you are planning a party.An amount ranging from 100 to 1500 can be availed with the help of loans for disabled people . You do not need to worry about the repayments as you get a sufficient time of 14 to 31 days to repay the amount in small installments. To get loans for disabled people, you need to fulfill some criterion. Conditions are as mentioned below:
You need to be a permanent citizen of UK
You should be at least 18 years of age
You should have a valid bank account with a saving of at least 500
You should be getting benefit from DSS for the last six months
Do not worry if you are running on bad credits. Your bad credit history will not become hurdle to get you this loan. Lenders do not keep in view your credit history before granting you the loan. Your regularity with payments would definitely help you make your credit record better. Another advantage of these loans is that you are not supposed to place any collateral against the borrowed amount. Because of no collateral, interest rate can be a bit higher than other loans. But this advantage can be useful for the ones who cannot afford to pledge collateral.
by: Jeckle Levi