subject: Unsecured Cash Loan- Avail Small Cash Without Mortgage Evaluation [print this page] Finance companies have designed new schemes called unsecured cash loan. This loan is valid for short duration i.e., 1-30 days and helps the individuals to manage their multiple expenses such as shopping bills, examination fee of their children, telephone rentals etc.
Nowadays, these plans are considered as the first choice among the salaried class individuals, who are looking for the finance to meet their urgent demands instantly. Moreover, this facility avails cash to the individuals in a hassle free manner.
The cash loan is offered with simple online procedure with no paperwork, credit assessment and collateral. This facility is available to all categories of individuals.
Persons with tainted credit profiles such as CCJs, loan defaults, arrears etc. can submit their applications for this cash without any fear of disapproval. Persons, who desire to get cash benefit with instant cash advance, should submit their applications by visiting websites of lenders. The borrowers can fetch a sum between 50 and 1500 for the period of 1-30 days with instant cash borrowing. Borrowers can use the short term advance as per their own needs, time and convenience. A quick fund borrower can spend the money on purchase of new music system, ipod, glassware, dinner set, fancy dress etc.
There are certain qualifications for a short term loan. A borrower must possess all these qualifications:
1.Borrower is doing a regular job for previous 6 months,
2.He or she gets a monthly salary of 1000 or exceeding,
3.He or she is an UK resident and over 18 years age &
4.Borrower possesses a valid bank account for past 3 month.
Before, applying for this advance, you must also be prepared to pay higher interest, as these schemes consist of high APR (Annual Percentage Rate). You can minimize the cost of payday advance if you make comparative evaluation of various plans on the internet or other sources.
