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1500 Pound Loans : Fast Cash for Short Term Needs

By Eddy Marsh Subscribe to RSS | May 18th 2012 | Views:
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For past few years the prices of goods have risen more than that of our salary. It is becoming difficult day by day to manage our monthly resources. This is especially true for salaried class. 1500 Pound Loan is plan with an aim to help job oriented people in need of money till their subsequent payday.

1500 Pound Loans is a short term advance given for a period of 1 to 30 days. The loan can start from 80 pounds and go up to 1500 pounds. The only disadvantage is marginally higher rate of interest. But this is negated when we look at its advantages. One of the many advantages is the fact that loan is sanctioned and transferred very fast, without having to fax any document. Going through online lender to get the cash will not only make the process swift but also a lot easier. An applicant can fill up the application form from the comfort of his or her home. While filling the form, applicant can take advice of his or her spouse.

As soon as loan provider gets the application he verifies the facts. If satisfied, he will immediately release the amount which will come into customer’s bank account within a period of twenty four hours!

Another plus point of this type of payday loan is that credit check is not performed by the lender. Not only this, this loan is just suitable for non homeowners or tenants since these are unsecured loans. There are times when homeowners also take advantage of this loan when they don’t want to risk their property against foreclosure.

There are certain clauses that should be followed to be eligible for the loan. These are as follows:

A candidate should be a UK citizen,

A loan seeker should work under the legally approved company and he should be getting more than 1000 pounds every month,

A candidate should have a checking account, and

A candidate should be above 18 years of age. This clause is kept as according to rules in UK, a minor can not get into a financial contract.

Majority of the individuals ask for 1500 Pound Loans to clear the utility bills such as mobile bill, electricity bill, credit card etc. They may also need this money for medical treatment, for paying fees of their children or minor repairs of home or car.

Eddy Marsh - About Author:
Eddy Marsh is financial advisor of Next Day Payday Loans. Contact me for any next day payday loans, short term installment loans queries. For more information about visit http://www.nextdaypaydayloans.co.uk

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