Monthly Payday Loans - When Your Next Pay Cheque is Far Away
Monthly Payday Loans - When Your Next Pay Cheque is Far Away
So many times when you have an unexpected emergency and you do not have any funds, you sulk. Many expenses crop up and you do not know which one to pay first and which to postpone. You find yourself confused. Monthly payday loans are those advances that grant you finance to fund your expenses.
With the help of these advances you can easily fund your car repair bills, to renovate your home, and to pay off the petty expenses of your daily life. This form of credit offers you an amount ranging from 80 to 1500. The repayment period varies from 1- 30 days. The borrower can also extend the period but with prior notice to the lender. As they are short term advances 1000 payday loans carry a high rate of interest.
Benefits of this credit are that they are available to every borrower. Bad credit holders can also apply for these funds. The application procedure is very simple. It is less time consuming. You just need to fill an application form with the right information. When the lender accepts the application the funds are transferred to your account within 24 hours.
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 should have a valid bank account.
These advances can also be availed through the online medium. It is much quicker than the traditional mode of application. All you need to do is fill an online application form giving all the necessary details. The funds are transferred to your account within 24 hours. You can also compare the different interest rates charged by the different lenders. No need not stand in long queues. It also avoids a lot of documentation.