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

Helping hand in critical times

15 Oct 2009

People on benefit generally faces problem while some or other important financial requirement occurs, as the amount received from government help might be not enough to meet such demands. Thus, to deal with them disabled people may opt for a loan. But the clause of placing collateral against it increases their tension. Now, with the advent of unsecured loans for people on benefit such people can easily sort out their financial discrepancies appropriately. These loans are provided without any obligation of placing collateral against the loan. In this way people on benefit can easily tackle all their financial commitments without any hurdle.

The amounts acquired through these kinds of Loans for People on Benefits allow you to execute your number of needs such as:

1. Debt consolidation
2. Education
3. Wedding
4. Paying off household expenses
5.Car repairing and so on.

Unsecured loans for people on benefit allow you to apply for a loan amount ranging from £1,000 to £25,000. The loan amount depends upon your repaying ability and needs. The loan amount has to pay back within the period of 1 to 10 years. The interest charges on these loans a bit higher because of its collateral free nature. But the high interest rates can be minimized with a careful research of the competitive loan market.

Even if you have bad credit history due to arrears, insolvency, defaults, CCJ, IVA and bankruptcy still you are eligible for Loans for People on Benefit. Therefore, all bad credit can freely apply and enjoy the benefits of these loans.

Summary

Unsecured loans for people on benefit are an outstanding fiscal option to entail finance without placing any collateral against the borrowed amount. With this loan service people on DSS benefits can suitably fulfill their financial needs and get rid of their financial worries effectively.

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