Sometimes you just need small amount of funds for little expenses
. Why apply for big credit amounts when you have so many convenient options. You do not have to go visiting different lending institutes standing in long queues for approval of text loans.
All you need to do is sit wherever you are and just send a message when you need funds. These finances are short term in nature and can be availed within few minutes. Text loans have flexible long term the amount is 100 and the repayment period is of 1 to 30 days. They do not involve any credit check.
Text loans carry high rate of interest. You can also extend the period but with prior notice to the lender. On the due date the lender will debit your account to recover the funds you have borrowed. This finance can be used for all your little expense like paying off electricity bill, educational expenses and so on.
The application procedure is very simple. Firstly you need to register your mobile number with the lending institute. You have to then fill the application form giving all the correct information. The lending institute will then send you a confirmation email which will include your PIN number and the terms and conditions of the deal. However next time you need a loan you just have to send a text to the lending institute. This message must include the amount and the repayment period.
The conditions to be fulfilled for approval of this credit scheme are:
You should be a citizen of U.K
You should be above 18 years of age
Your monthly income should be at least 1000 per month