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Instant 12 Month Loans - Get quick financial assistance without any delays and time consuming formal

Posted On : Sep-29-2011 | seen (253) times | Article Word Count : 423 |

Instant 12 month loans have many benefits and that’s why this financial facility is highly popular with people. They are available in two forms, secured and unsecured.
When faced with an urgent expense, traditional loans usually do not completely resolve the issue. By traditional loan it means exchange of large amounts, which makes credit checks necessary. Such credit checks are time consuming, thus delaying the process of approval. Instant 12 month loans solve the problem of delays. This financial facility is available without conducting any credit checks within 24 hours or even less. Therefore, instant 12 month loans are the best option when it comes to paying urgent expenses.

While a bad credit the borrower would have faced difficulties in qualifying for traditional loans; in case of instant 12 month loans he is eligible even with bad credit records. However, there are a certain prerequisites, which loan providers expect borrower to fulfill. First, the borrower must be employed and be over 18 years of age. Second, borrowers must have a checking account. The loan proceeds will be deposited directly into the checking account. Moreover, loan provider can retrieve the loan amount from this checking account. Third, the borrower must be a UK citizen. If these conditions are met by applicant, his application will be instantly approved.

Instant 12 month loans are available in both secured and unsecured form. In case of secured form the borrower can grab an amount which falls in the range of 5000-100000 pounds and the repayment period for the unsecured form is 3 years to 25 years. Whereas in case of unsecured form, the borrower can obtain an amount ranging from 1000-25,000 pounds and this amount carries a repayment period of 6 months to 10 years. The Borrower can select an amount depending on his financial and repayment ability. One can utilize the amount gained from instant 12 month loans to fulfill several expenses like credit card dues, school fees, grocery expenses etc.

The money lenders have a flexible approach in case of as instant 12 month loans as far as filling and faxing of documents are concerned. There are two ways to apply for this financial facility, online and offline mode but online method is safer and faster as the money is transferred immediately in the online method of application. The process of application for instant 12 month loans is very simple because it is a complete online procedure. The Applicant is required to fill an online form with his personal information like age, name, home address, monthly income. Once the verification process is over, applicant’s loan gets approved and the loan amount is transferred into his bank account, within 24 hours.

Article Source : http://www.articleseen.com/Article_Instant 12 Month Loans - Get quick financial assistance without any delays and time consuming formal_87265.aspx

Author Resource :
Jacklin Hense 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 instant 12 month loans, instant approval loans 12 month and 12 month loans instant decision that best site's you need visit http://www.12monthinstantloans.co.uk

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Category : Finance : Loans

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