Single Parent Loans-get Loans Customized For Single Parents
The role of a single parent is not an easy or trouble-free phase in your life
. As a single parent you will definitely have multiple roles including that of being a sole breadwinner in the house. This can be a situation if your ex-spouse is not paying any alimony or is deceased. Tough finances are not an uncommon scenario these days. Running the house, paying all the bills and taking care of your children's education can take a big bite out of your salary or savings. When finances were pooled in by your spouse and you, the pinch would not have been felt. Now that it is just you, there will be instances when your funds are not going to be sufficient enough to cover all grounds.Single parent loans have been created keeping such requirements and situations in mind. To cater to your financial needs and to ease all money related anxiety. These loans can be used by you for various requirements like school fees, medical bills, paint jobs, carpool etc.
Once you know how much loan you require, you can approach a lender who offers single parent loans. The lender will require you to fulfill certain rudimentary requirements. If you are a British national with a United Kingdom citizenship, are aged 18 and above, have a legitimate and existing bank account and are salaried for some time now, then you are eligible for the loan. Approval for the loan will be given once you have filled up a form with some basic details on the lenders website. The lack of paperwork and non-requirement for you to visit the lenders office, cuts down two additional and not much appreciated steps in loan applications.
If you are worried about organizing collateral or a credit check being done, you do not have to worry. Lenders do not need any security from you nor will they look into your credit history. They are happy to give you the loan as per your needs and therefore the amount of loan is enough to meet your needs.
by: jennifer katz