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12 Month Loans- Obtain finances to solve long term financial difficulties!

Posted On : Sep-17-2011 | seen (781) times | Article Word Count : 414 |

When a person faces cash shortage and has sudden financial requirements he should apply for 12 month loans. This financial plan does not involve any time consuming and annoying formalities.
12 month loans are a low risk, hassle free option designed for all kind of customers. People can use the amount for whatever purpose they want to use it as there are no restrictions on the way the money is used. If a person is not satisfied with his monthly salary and he thinks it is not enough to fulfill his financial requirements, he can opt for 12 month loans. One can opt for secured as well as unsecured loans as 12 month loans are available in both the forms. A person can choose any of these forms depending on the amount and his needs.

12 month loans are available in two forms secured and unsecured form. The cash one can borrow in the secured from falls within a range of £5000-£100000. These finances have to be returned within 3 years to 25 years. People can also apply for the unsecured form through which borrower can acquire cash within the range of £1000 to £25000. The repayment period for the secured form is 6 months to 10 years. Borrower can utilize the amount obtained from 12 month loans to pay bills like credit card dues, school fees, grocery expenses etc. Adverse credit scores such as missed payment, late payment, payment overdue, IVA, CCJs, insolvency, bankruptcy, insolvency are not a matter of concern in case of 12 month loans. Thus, any kind of borrower can get these loans.

The amount which borrower borrows depends on his present financial status and repayment capability. There is no need for arranging any document in order to avail 12 month loans because the application and evaluation process is conducted online. The application process of these loans is very simple because it is conducted online and does not require any documentation or faxing of any papers. Borrower is required to fill an online form mentioning his personal information like age, name, home address, monthly income. Once the verification process is over, lender approves the loan and the amount is transferred into borrower’s bank account within 24 hours. In order to borrow 12 month loans applicant need to satisfy certain eligibility conditions. According to these eligibility norms, applicant must be 18 years of age or more and a citizen of UK. Applicant must have a valid and active bank account. A permanent job is mandatory and should earn at least £1000 per month. If applicant fulfills all the above mentioned conditions, he can be approved for 12 month loans.

Article Source : http://www.articleseen.com/Article_12 Month Loans- Obtain finances to solve long term financial difficulties!_82815.aspx

Author Resource :
Johns Smith is a prolific author who has penned several articles on finance and has quite a few years of experience as the chief consultant to financial consultancies. To find 12 month loans, 12 month cash loans, 12 months loans and cash loans 12 month that best site's you need visit http://www.cashloans12month.co.uk

Keywords : 12 month loans, 12 month cash loans, 12 months loans, cash loans 12 month,

Category : Finance : Loans

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