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Text Loans – It’s Really an Amazing Financial Service

By Chris Barry Subscribe to RSS | January 25th 2012 | Views:

Money is always with you it’s true. Text loans are the unfailing financial foundation through which you can procure cash aid just within few minutes by sanding an SMS to the lender. Yes! It’s possible via your cell-phone. You just have to type PIN code and confirmation email-id on your mobile’s text box and send it to the registered lender. Even if you are new customer, you need to register a lender online by filling a simple online application form with your genuine details and submit it. On receiving it to the lender, he sends you a PIN code and confirmation email id.

The prime specification of text loans is that you are not required to involve any time consuming or boring activity of moving around and looking for financial aid. Here, you just need to send a text message to the lender without any formality of pledging collateral or credit checking, cash is directly transferred into your bank account within the least possible time. And hence, by grabbing funds on the hour of applying you can manage your essential expenses on time with ease.

Text loans are naturally very short term loans that arrange the amount up to £100 with one week time period of repayment. For the approved amount you do not need to put any sort of collateral aligned with the lender. Owing to short term nature, this aid carries a bit high interest rate as compare to other loans. However, before availing text loans there are some certain pre-conditions to be followed such as an applicant needs to UK inhabitant above 18 years of age, needs to be employed in reputed firm along with income at least £500 and even has a mobile number & email id and has a current active checking account.

People suffering a lot from bad credit ratings like arrears, CCJ, bankruptcy, IVA, defaults, late payments, missed payments and even foreclosure etc are acceptable to derive benefits from text loans without any obstruction. This is because bad credit history doesn’t matter for the lenders as they also do not miss the opportunity to provide their best. By the help of the mentioned loan you can pay many small bills like home rent, electric bills, telephone bill, credit card dues, traveling expenses and many more.

Chris Barry - About Author:
Chris Barry is an expert in the field of finances has provided plenty of genuine information to the borrowers by Loans by text & text loans. By the help of his authentic information, financial consumers have now the prerogative to derive sms text loans for unemployed with ease.

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