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£100 Text Loans- Small term cash for tiny requirements by sending a text message!

Posted On : Nov-02-2011 | seen (323) times | Article Word Count : 426 |

Borrower can use the £100 text loans amount for various purposes like paying of important bills and meeting sudden financial requirements. He can use the loan amount according to his needs and without any type of interference on lender’s part.
In the advanced world, applying and getting approval for monetary assistance has become quick and hassle free. £100 text loans are an extraordinary case of this advanced technology. Now, people can get desired funds by sending a simple SMS to the lender through one’s cell phone. The Applicant has to get himself registered with a lending company after which he can apply for financial help anytime and any day without any hassles. This fiscal option is really beneficial when a person needs monetary aid in emergency.

People who are seeking for small financial assistance for a short time period can choose £100 text loans. With the help of this financial scheme people can borrow an amount ranging from £100 - £300 and this amount has a repayment period of 7 days. The Borrower should always repay the borrowed amount on time, if he fails to do so lender transfers the amount from the borrower’s bank account once the repayment period has passed. However, the repayment period can be extended when the borrower is unable to pay the loan amount on time. To extend the repayment period the borrower will have to pay some extra interest fee.

In order to enjoy the benefits of £100 text loans the borrower must satisfy the eligibility conditions laid down by the lender. According to these eligibility conditions the borrower must have completed 18 years of age and he must be a citizen of UK. The Borrower must have a valid bank account and most important requirement is a mobile phone number and an email address. Once the borrower meets all these requisites he can easily apply for £100 text loans without any difficulties. The good thing about £100 text loans is that lender does not conduct any credit checks on the borrower. Most lenders do not mind providing this loan facility to people who have poor credit records or people with bad credit history.

Once the registration for £100 text loans is complete the borrower will have to send a text message to the lender stating the amount he requires and settlement term of the respective amount. The lender will then send borrower a PIN number on his cell phone for future transactions. The lender evaluates the loan request and if he is satisfied will approve the loan by electronically transferring the borrowed amount in to the borrower’s bank account right away. £100 text loans are basically helpful to people who have a fixed income as this amount can help them meet their small and urgent needs.

Article Source : http://www.articleseen.com/Article_£100 Text Loans- Small term cash for tiny requirements by sending a text message!_98944.aspx

Author Resource :
Zain Harriot is financial adviser Uk Instant Text Loans. To find more about 100 text loan, instant £100 loan, loans of £100, get 100 loan today and text cash £100.Visit http://www.ukinstanttextloans.co.uk

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Category : Finance : Loans

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