subject: Tenant Loans - Avail Easy Finance Inspite of Bad Credit [print this page] Tenant Loans - Avail Easy Finance Inspite of Bad Credit
Are you looking for a residence? If you do not have a residence of your own then you can think of taking a loan. When ever you find your self in such crises then, in these situations you can take the help of loans for tenants. Here, loans for tenants can give a solution to your troubles.
Generally, tenant loans are an unsecured credit. In these credit the lender will offer the borrower an amount from 1000 to 25000 and so, the time period given will be for 1 to 10 years, the borrower will have to pay the given amount in a specific period of time.
You can also make use these advances for paying your electricity bills, residence rents, paying your celebration expenses, clearing your debts and all the expenses which are yet to be paid.
In unsecured credit the borrower does not have to place any property or asset as collateral and due to this there is no risk for the borrower. A person with bad credit history can also apply for this type of finance. You can get quick cash since there is no faxing and less paperwork done.
Since the applicant does not have to place any assets or property as guarantee a high rate of interest is been charged.
To avail such finance the borrower has to fulfill some criteria like the borrower should be a citizen of UK. He/she should have a valid bank account. You should be completed 18 years of age. He/she should have a regular job with a steady income.
You can also apply for the online process as well. In this the borrower will just has to fill up all the correct information like your name, permanent address, proper bank account number and so on.
