subject: Text loans Grab Funds with your Cell Phones [print this page] Text loans Grab Funds with your Cell Phones
When you are in times of financial problems and you do not find any source from where you can take financial help you find it difficult to face the situation. In this case, you can avail fiscal assistance from the financial institution by way of applying for Text loans from anywhere and at anytime.
The amount advanced by these loans is limited up to 100 pounds. This amount can be used for your domestic purpose, for debts reimbursement, educational requirements, and also in emergency needs and the repayment period is of 1to7 days. The borrower should repay the credit amount on time or he will be liable for a penalty fee.
This is possible if you have a mobile phone. For availing for this loan you are required to register your mobile number with the financial company or bank from which you want to avail the loans and fill the requisites from online means needed by the company. Then the institution will provide you with your confidential code. This code is used for your identification purpose when you apply for the loans.
Text loans are provided for a short period and so the borrowers are charged slightly high rate of interest for obtaining these loans. You can even avail this credit online this mode helps the borrower to get instant cash. The borrower has to just fill an online application and after the credit gets approved within few hours the cash gets deposited in your bank account.
The conditions to be followed for approval for this credit are:
You should be a citizen of UK.
You should be 18 years of age.
You must have a active bank account
You should also have a stable job with a regular income