subject: Text Loans – A Fantastic Option for a Borrower [print this page] Text Loans A Fantastic Option for a Borrower
Text loans are an instant medium to avail cash. The borrower can get this credit by just sending a text message. The credit gets instantly approved and the borrower does not have to follow any lengthy procedure.
The amount offered in text loans ranges from 100 and the repayment period is of 1 to 7 days. The borrower has to pay the refund on time or he will be liable for a penalty fee. The amount can be used for various purposes like for paying your various bills, renovation of house and so on. All can avail this credit there is no need to get worried about the past record.
The borrower has to just text a message to the lending institute. After all the details are verified the lending institutes verifies the credit and the amount gets sanctioned to the borrower account. The borrower does not have to follow lengthy procedure for availing this advance. This is the most convenient way to avail a credit without any stress. The borrower is not required to fill in any documentation or visit any institutions for availing this credit.
The borrower has to fulfill the following criteria that are:
The borrower should be a citizen of U.K.
The borrower should be above 18 years of age.
The borrower should be employed with a reputed company.
The borrower should have regular income.
The borrower must have an active bank account.
The online way is the best option the borrowers do not have to follow lots of procedure. The applicant is required to just fill in an online appliance and once the credit gets approved within few hours. The amount gets transferred to the borrowers depository account. There are many lenders that will try to attract you but the you should be careful while dealing with a lender.
