Total interest payable by one repayment: £84. Representative APR 1223.6% (Variable)
5 March 2013
During this period of economic meltdown, you have to struggle with ever rising prices. Living life on the edge of bare necessities is quite difficult. A simple necessity like buying groceries for your household can shoot up your expenses to sky-high limits. With your regular income, you can only manage to pay up for your house rent and pending bills. But any extra expense in your household lends you deep troubles.
Payday loans for people on benefits aim to provide immediate monetary support to all those individuals who are living on benefits. Because lenders realize that living merely on benefits provided by governmental social institutions can often lend you into financially troubled times. So, to take care of your short term loan requirement these loans become your best choice. With the help of these loans, you can get anywhere from £100 to £1500 as the loan amount. You are not restricted to utilize the loan amount only for specific purposes. You can utilize the loan amount as you may wish to and repay it within a time period of 14 to 31 days.
The criteria for applying for these loans are quite simple. You must be a minimum of 18 years of age or above and a permanent national of the U.K. You should have a regular checking bank account. You should be an employed individual with sufficient regular income.
Payday loans for people on benefits offer unique benefits to its users. Not only they get an assurance of getting an easy loan, but they are also free from the hassle of faxing endless number of documents to anyone. Since these are a paperless way of getting a loan, you can anytime apply for this through secured online websites of the lender. The lenders do not charge you with any further charges like application or processing fee. People who are facing issues like poor credit ratings or insolvency can also easily apply for these loans.
To apply these loans, all you need to do is to log on to the webpage of the lender and fill an easy application form within minutes. Once you submit the application, the lender receives your request and further evaluates your requirement and approves it accordingly. Be assured to take delivery of your loan amount within a maximum of 24 hours once your loan is approved. Your loan amount in a straight line gets deposited into your bank account.
Payday loans for people on benefits help all those individuals who are living on benefits as provided by governmental institutions. Because these people can also face cash crunch times, so these loans allow them to get an easy access to loans according to their requirement. With flexible options of repayment, you can pay off the loan amount conveniently within the specified time period.
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