Need a Loan Today with Bad Credit - An Ideal Solution
Financial problems always arrive without any prior intimation
. Do you need a loan today with bad credit for personal reasons or for some other reason? Since you have a poor credit history you cannot find a suitable lender as each of them look at you with an eye of suspicion. You need a loan today with bad credit. This is a perfect solution to solve your financial problems. You can consolidate your debts, pay for home improvements, marriage expenses, educational purposes, car purchase and so on.
This form of financial assistance offers you an amount ranging from 200 to 25000 for a period of 1 to 10 yrs. Since the lenders risk in dealing with you is more you need to prove your repaying ability to assure the lender of your credit worthiness.
This form of credit comes in the secured and the unsecured category. In case of secured credit you have to submit collateral against the funds borrowed. This form of an advance carries a lower rate of interest as compared to the unsecured form. If you are not able to repay the amount by the due date the lender will take charge of your collateral to recover the amount of the funds.
In the unsecured form of finance you do not have to place any collateral against the loan amount borrowed. This however increases the lenders risk in dealing with you. Thus it carries a slightly higher rate of interest. They are offered for a shorter period.
Eligibility:
1. You must be a citizen of UK.
2. You must complete 18 years of age.
3. You should be employed with regular income.
4. You should have a bank account.
5. You must have a minimum salary of atleast 1000.
The online procedure is very simple and quick. All you need to do is fill an online application form giving all the necessary details. This medium is much more convenient than the traditional mode. You do not have to stand in long queues. It also avoids paper work.
Need a Loan Today with Bad Credit - An Ideal Solution