subject: Door To Door Loans : Timely Help To Counter Urgency [print this page] Salaried people are often in need of monetary help as they spend most of their paycheque by the end of a month. Door to door loans are an option for them to borrow money without any delay and hurdles. But these are ideal loans only when some emergency monetary need is to be fulfilled. An attractive and useful feature is that the loan application is approved quickly and the loan amount gets transferred in your bank checking account within 24 hours.
You should be drawing a monthly salary for past six months at leas and there should also be a valid bank checking account to your name. You should also be prepared to borrow an amount against a post-dated cheque. The cheque contains lenders fee charges along with the principal amount.
Door to door loans can provide you 100 to 1500 quickly within hours in your bank checking account for its any purpose like timely payment of expensive credit card bills and repairing a car. You will be approved an amount for two weeks, until your next payday. This means that you can easily repay the borrowed amount on the due date through your next paycheque.
Another feature of the loan is its easy approval for bad credit borrowers. No lender makes credit checks on the applicants, meaning that even if you carry cases of late payments, defaults and CCJs in your name; still the loan is instantly available for your circumstances.
However, a disadvantage is that door to door loans are expensive for salaried people. Due to short repayment term, the lenders tend to charge exorbitant interest rates on smaller amount. Because of high APR, you may fall into debt-trap as well.
Hence, we advise that try to locate some affordable offers of door to door loans online in order to borrow the money at comparatively lower rates. Such an affordable loan can make your repayment burden a little more bearable.