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

Funds that let you tackle your monetary woes

22 August 2011

Well, if you are not having the funds to tackle your needs and demands, then you get to source the funds through other viable means. Well, what if you are relying more on benefit to avail the cash needed? Under these circumstances, how are you supposed to avail funds in the form of loans? There is nothing much to be worried, as you can acquire the funds in the form of personal loans.

When you do acquire these loans, you get the flexibility to choose the funds, as per your need and requirement. With the support of these loans, you will be in a position to deal with your various needs and demands.

However, to get hold of the loans, it is important that you do meet the requirements, as asked for by the lender. In this context:-

  1. You must be a resident of UK and must have attained the age of 18 years
  2. Bank account with a minimum balance of £500
  3. Need to be on DSS benefits for the past 6 months

The loans are classified in to secured and unsecured form, so as to let you derive the funds, on the basis of your requirement. Secured form of the loans can be utilized to source a bigger amount, for which you do need to pledge an asset as collateral. On the other hand, the unsecured form of the loans can be derived, without the need of involving any collateral. This option of the loans is ideal for tenants as well as non homeowners. A limited amount can be sourced for a short term period, through this option of the loans.

One of the most preferred ways to source the funds, without much of any confusion, the ideal option would be to make use of the online mode. Online application is rather simple, as all the details needed has to be filled in a simple form based on the lenders website. Once everything is sorted out, you get to avail the funds in the best possible way.

Loans for people on benefits enable you to tackle all your needs, without letting you face too many hassles.

Summary

Personal loans are easy to derive and can be acquired in secured and unsecured form. The terms and conditions of the loans too are quite viable. These loans are designed especially to assist those, who rely more on DSS benefits. For easy and instant availability, the ideal way would be to apply through lenders based online.

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