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

Worry Free Unsecured Loans for People on Benefits

7 June 2013

Failure to compete with latest technology forced your company to close down, rendering you jobless.

While living on DSS benefits, you are searching for an appropriate job. An unexpected development took you by surprise calling for adequate financial resources.

Though you are willing to take a loan to tackle the additional fiscal demand, you wonder whether lenders are ready to give you loan.

By offering unsecured loans for people on benefits, lenders are more than willing to lend money to those living on DSS benefits.

What is more, the loan comes without collateral restrictions. Since lenders do not impose any restrictions, you are free to utilise the loan amount to manage that unexpected development.

Lenders have no hesitation to provide sufficient funds so that you can take care of your pressing monetary demands properly. They are concerned only with hassle free loan recovery and therefore, base your loan amount on your benefits amount and your ability to pay back the loan on due date.

Though short-term in nature, repayment tenure for unsecured loans for people on benefits will be sufficient to pay back the loan without any problem.

Lenders are aware that in your present jobless condition, it may not be possible for you to provide security for the loan; hence, justifying the loan's name, lenders do not insist that you provide security for the loan.

Not only this, lenders do not even bother to ascertain your credit status before processing your loan. This helps you get the loan even when your credit rating is poor due to issues like IVA, defaults, late payments etc.

If you have computer and internet connection in your house, you need not step out to apply for the loan, because lenders accept loan applications through online mode only.

No need to fax documents allows you to submit application within few minutes. Applying online is free from any commitment on your part; you neither pay any fee nor commit yourself to avail the loan if it is approved.

Summary:-

While you are jobless and maintaining yourself with DSS benefits, if you need additional fiscal help, unsecured loans for people on benefits provide you the required help without even insisting on security.

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