Money is the spinning force behind the spinning wheel of the world. Each and every activity you do is directed to earn money or preparing you to earn money in near future. Hence when every activity is directed towards generating money. It is very likely that at one or the other moment you may require money urgently. The need could be so urgent that delay could cause more problem for you You can have quick loans no guarantor. As finding a guarantor may cost you a day which is beyond your affordability as you need the money same day of applying for the loan.
Eligibility criteria for the quick loan
There are certain norms which you have to fulfill in order to be eligible to apply for the loan. These norms are as follows:
- You have to be a resident of U.K.
- You should be 18 years of age.
- You should be employed and your salary should not be less than 750 pounds a year after tax deduction if any.
- Your credit rating is also checked.
- Your affordability check is made to ensure that whether you are in a position to afford this loan or not.
How to apply for a loan?
It is advisable to apply for the loan directly from the lender as the agent may take time delaying your loan application and it may cost you extra money. You can apply for the loan on the website of the lender. You are expected to fill up few details which are asked in the form. Once you submit the application. You will receive the status of your application within next 30 minutes on your email. You will receive an email stating the terms and conditions of the company, your EMI, your tenure for the loan and rate of interest you are going to be charged. You are under no obligation to accept the loan. You may deny. It is advisable to compare the various terms and conditions with other companies before finally signing the loan agreement. Once you sign the loan agreement the sanctioned loan amount will be transferred to your account directly with few hours of signing the agreement.
You can get the loan as early as within a day of applying for the loan provided you meet out the norms mentioned above. If you fail to meet any of the above conditions you can go for the other financial products available in the market.