subject: Bad Credit Short Term Loans-for A Convenient Service [print this page] Are you a poor creditor in need of short-term loans? If yes, here is the best option for you. You can opt for bad credit short term loans. These loans are specially designed for the people holding bad credit scores like bankruptcy, defaults or arrears. There is no credit check and no verification of credit history. These loans provide you quick monetary help at the time of financial crisis. You can get all our purposes fulfilled through these loans like renovation of home, paying off previous debts, medical bills, credit card dues, electricity bills, etc.
Bad credit short term loans are available on internet. You are just required filling an online application form that contains basic details about the borrower like name, age, income, employment, contact information and checking account number. The lender will verify the information provided by you and grant you the loan after approval. He will wire the amount into your checking account within 24 hours. This is a fast and convenient way for the application of loan. No need filling numerous forms.
With these short-term loans, you can avail the amount ranging from $80 to $1500. The repayment tenure of such loans is of 1 to 30 days. This means, you have the option to payback the loan amount on your next payday. But, make sure to repay on time to avoid penalty in the form of extra charges.
There are some conditions that must be fulfilled by the borrower to avail these funds easily, which are:
The borrower must be a permanent citizen of US.
The borrower must be at least 18 years of age or above.
The borrower must be permanently employed with a steady income of $1000 per month.
The borrower must posses a valid and active bank account in his name.