. At the same time it carries many unique features, like you can listen to music, use to as a camera to click pictures or take recordings and so on. But did you know that you can apply for a loan through the use of your mobile with just a text? Well, mobile txt loans are an easy option. All you need to do is send an appropriate text to get your credit amount home.
You can borrow funds up to 100. The repayment period extends form 1- 7days. You have to first register your mobile number with the lending institute. Then you have to fill an application form giving all the necessary details. The lender will send you a confirmation email giving you the pin number and the terms and conditions of the deal.
The advantages of this form of credit are that they do not involve any credit checks. You can apply for these advances irrespective of whether you have a good credit rating or a bad one. Tenants and non- homeowners can also apply for these advances. They are a fast means of availing credit. The funds are transferred to your account within few working hours. The disadvantage of this finance is that it carries a high rate of interest as they are short term funds.
Eligibility conditions:
You must be a citizen of UK,
You must be above 18 years of age,
You must be employed with a regular income of at least 1000,
You must have a mobile number,
You must have a bank account in your name that is valid and
You must also have an email id to co-ordinate with the lending institutes.
To save time and energy you can also apply for the through the online mode you just have to make sure you fill in all the relevant details when you fill the online application.