subject: 1 Hour Payday Loans By Phone – All Your Solutions Just A Call Away [print this page] 1 Hour Payday Loans By Phone All Your Solutions Just A Call Away
Financing all your needs on phone may look odd, but it has become a reality. Today lenders are offering loans that are very fast. A borrower may apply for such loans on phone also. It not only saves time but also efforts.
These are basically small loans given for a very short span of time. The amount of loan may vary as per the creditability of the borrower and the terms of the loan. Usually the amount is around $1500. This amount may appear small but is highly useful in the need of hour. It helps a person to come out of financial crises instantly.
The most important feature of 1 hour payday loans by phone is that the borrower need not fill in any application form. If a person wants such loan, he/she has to just call a lender and tell him all the details on phone only. Rest of the legal formalities will be completed by the lender.
Presently such loans are being offered only to the persons living in US. An applicant must be a permanent citizen of US. He/she must be at least 18 years old at the time of loan application. He/she should be employed somewhere earning not less than $1000 per month.
Though these loans are very useful, but these are having a higher rate of interest as compared to other bank loans. So, it is recommended that a borrower should read all the terms and conditions of the loan agreement before applying for such loans. It would surely help him/her in understanding the loan. A borrower should also compare the rates and charges of different lenders before selecting any one. A proper market survey would surely help you in cracking the best deal.
