subject: Unsecured loans-Avail easy cash without security [print this page] Unsecured loans-Avail easy cash without security
If you do not have valuable asset or you are a tenant and do not have anything to put as collateral, then you can opt for unsecured loans to accomplish your urgent and unexpected needs. These cash advances can also be availed by the persons who do not want put their property as collateral.
Features
These cash advances do not require you to go for collateral pledging, this is the main feature of these loans. You can acquire the financial assistance through these loans instantly. Under these cash advances you can fetch the loan amount ranging from 100 to 1500 for the short repayment period of 14 to 31 days.
Who can apply?
There are certain eligibilities which should be kept in mind to get the loan money. These are as follows:
1. The borrowers are the permanent resident of UK and an adult with the age of 18 years or more.
2. He should be permanent residential address.
3. He should be regular employed with full employment and earn 1000 monthly.
4. He should be having valid and active checking account for online transactions.
How to apply?
The most easy and convenient way to apply for these loans is online method. You just have to fill an online application form with some personal details like name, address, gender etc. the loans amount is transferred into your account within 24 hours of approval.
Summary
Unsecured loans can be taken for various small purposes like medical bill, household bill, sudden car repair and so on. Rate of interest charged on these loans is a bit higher due to its unsecured and short term nature. Even if you have bad credit record like default, arrears, late payment, CCJs, bankruptcy etc. then also you can apply for these loans. In order to avoid high interest rate you can search on internet for the most suitable deal.