Payday may seem too far away when you are in dire need for a sum of money to meet your unexpected expenses. This is where a payday loan may offer a convenient and quick solution to your problem. These loans are very easy to avail, provided you meet the eligibility criteria and unlike traditional loans, do not take forever to be received. In as little as just thirty minutes, you may be able to avail upto seven hundred pounds which can conveniently tide you over your pressing financial needs.
How this works
If you are permanently employed and have a monthly salary that is in the specified range for the loan, you may be eligible for a payday loan. The other determining conditions include your age, employment history and affordability for the amount you require as loan. The loan is available to employees who are over 18 years of age and work for at least 16 hours a week. The borrower should also be a citizen of the country where the loan is being applied for. The lender may require that you have been in your present employment for a specific period of time to ensure that you have a regular monthly income to repay the loan.
The other requirements are that you possess a valid bank account in your own name into which the loan money would be remitted and the repayment taken from the same account on the due date. It is also necessary for the lender to be convinced that you do not pose a threat of not repaying the money on time, and so they would check whether you are bankrupt or have filed for bankruptcy in the last twelve months.
The only other conditions are that you possess an email address for communication, have a permanent address and also provide your phone number and work phone number. Visit http://www.fullpocket.co.uk for more insight.
Application process and availing the money
If the above mentioned eligibility criteria is met, the loan can be applied for very easily and the application can be made online. You would have to register yourself with the lender by creating a user account where you submit all the necessary personal information required. Once the user account has been activated, you can select the amount of money that you wish to loan. You can get up to seven hundred pounds on a single loan at once. Once you submit your application, the lender will check your details and your financial information, and depending on your circumstances, this process can be completed in as little as thirty minutes and the money sent to you!
Once your eligibility is confirmed, the money is immediately transferred to your account and is available to you to use instantly. Hence, this is very convenient and quick. Your responsibility is only to ensure that you repay your debt on the due date without fail. You have to ensure that sufficient funds are available in your bank account, so that the lender may redeem the loan amount and interest automatically by drawing it from your bank account on the date in the agreement. Visit the website http://www.fullpocket.co.uk.
Article publié pour la première fois le 27/02/2014