Loans For Women-loans For Those Individuals Having A Poor Credit
Now a days women is walking hand in hand with men
. There are many problems in life which a women has to face like to pay child educational fees ,electricity bills, to look after the house and so on .in these situations there is difficulty of cash .So in these circumstances you can think of loans for women which can help you with your difficulties .
Loans for women can be secured as well as unsecured in nature .In secured finance the borrower will be given an amount from 500 to 100000 and the time period given will be for 1 to 25 years . The borrower will have to pay the amount in the given period of time.
Basically, in unsecured credit the amount given to the borrower will be from 1000 to 25000 and the time period offered will be for 1 to 10 years .In this borrower does not have to place any property or asset as collateral .So there is no risk for the borrower and hence, a high rate of interest is charged.
In secured finance the borrower has to place his property and asset as collateral .hence, the borrower will be charged a lower rate of interest .If they fail to repay the amount in the given time then his property will be at a risk.
Eligibility criteria:
You should be a citizen of UK.
You should be above 18 years of age.
You should well employ with an income of 1000.
You should have a current bank account.
You can apply for the online procedure since, it is very easy and convenient .The borrower is suppose to fill the application form with the correct information in it .you need not worry within 24 hours the funds will be transferred to your account .