Representative APR Example
£350 borrowed for 30 days. Total amount payable by one repayment: £434.
Total interest payable by one repayment: £84. Representative APR 1223.6% (Variable)
Loan
£0
Period
0 Day(s)
Interest : £0
Repayment : £0

Cash assistance against optimal terms

13 September 2011

Benefits offered by the Department of social security are only made available to those who are physically incapable or are disabled. But, when these individuals are required to deal with some other needs and demands, they too find the going difficult. Moreover, they are not quite in a position to source regular income source. But then, with loans for people on dss, it is these individuals who do get a chance to acquire the funds, so as to deal with the various needs.

In the case of these loans, it does not really if the applicant is having a good credit history or bad. There is no need to pledge any collateral, considering the fact that these loans are made available for a short term period. Besides, to speed up the processing of the loans, the lenders do not check the credit profile.

 Once the loan amount is made available, it then can be used to deal with the various short term      financial     need or demand.  The terms and conditions of the loans too are very much flexible.

However, you will get to attain these loans, only if you do meet the requirements, as laid down by the lender. In this context:-

  1. You must be a resident of UK
  2. Need to be on benefit for the past 6 months
  3. Age should be more than 18 years
  4. A valid bank account that must have a minimum balance of £500

If in case, you are interested in attaining the funds against optimal terms and that too without having much of any hassle, you can best make use of online facility. By applying online, you will get respite from paperwork and documentation. Just fill in the details and the amount once released will be then deposited in to your bank account. On making a comprehensive research of the loan market, you will then get  to acquire the funds against lucrative terms.

Loans for people on benefits thus provide you the means, with which you can tackle any sudden monetary crisis.

Summary

This article on loans for people on dss attempts to provide a detailed picture on how the loans can assist you in times of need. The loans are released against flexible terms. With the support of these loans, you will be in a position to deal with your various needs and demands.

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in UK. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.

PLEASE READ TERMS & CONDITIONS OF LENDERS OR BROKERS BEFORE PAYING ANY UPFRONT FEES.

Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

Warning: Failure to meet your repayments can have serious financial consequences. For help, go to moneyadviceservice.org.uk