subject: Poor Credit Instant Loans - Overcome your Financial Hardship Easily [print this page] Poor Credit Instant Loans - Overcome your Financial Hardship Easily
Introduction:
Bad creditors are those individuals who are facing bad credit score and are unable to prove their financial status. When ever they are in need of finance they apply for a loan but could not avail because of their past history. But now no need to worry as poor credit instant loans has come for your help.
Amount of advance and repayment term:
Here the borrower offers an amount to the applicant that ranges from 80 to 1500. Thus, the applicant can fulfill only small requirements through this finance. On the other hand, the borrower must keep in mind that the amount he borrows is required to be repaid within a period of 1 to 30 days. However, the borrower can also repay this amount as soon as he receives his salary cheque.
Interest rates charged:
Basically these finances carry a higher rate of interest as compared to other form of finances. The interest must be repaid along with the borrowed amount on the due date. If there is a delay in repayment the borrower may charge an extra fee.
Uses:
You can also use these finances to fulfill your urgent needs such as paying medical bills, electricity bills, car repair expenses and other such necessities. They are usually availed by people who have a low credit rating. They can be availed within 24 hours and thus prove to be extremely beneficial to many.
The eligibility criteria for availing the finance:
He/she should be a citizen of UK.
He/she should be above 18 years of age.
He/she should have a current bank account.
He/she should be employed with an income of 1000.
The online mode is also easy and suitable. Here the only thing the applicant has to do is just sit on the computer and fill up the application form with the correct details with your name, permanent address, contact number; you correct bank account number and so on.
Within 24 hour time the cash can be in your bank account. The online process is free of cost. Here you can choose the lender of your choice.