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Loans Over 3 Months- Settle the loan amount as per your convenience!

Posted On : Sep-22-2011 | seen (220) times | Article Word Count : 419 |

Loans over 3 months are payday loan products and are designed to give people more time to repay as per their convenience. These loans help people to reduce stress on their next payday.
People who are in quick want of finances during financial crisis can apply for loans over 3 months. These loans provide people cash instantaneously after they submit their application form. These loans are meant to fulfill short term need of people. Almost every person has to face unexpected financial situations and these loans can help them overcome such unforeseen situations. Loans over 3 months are a good financial assistance for situations when a person’s salary is spent and he has to pay important bills. People can meet their everyday expenses such as home repair, medical expenses, purchasing home appliances, paying off previous debts, with the help of these loans.

As the name suggests, loans over 3 months are availed to people with a repayment period of 3 months. Through this financial scheme, borrower can borrow cash ranging up to 1500 pounds. Lenders charge slightly high rate of interest on these loans but negotiations and comparisons can help borrower get an affordable deal with flexible terms and conditions and low interest rates. People having history of poor credit do not have to fear about the rejection of application form because loans over 3 months are also available to people holding bad credit scores such as arrears, CCJs, IVA, bankruptcy, foreclosures or bankruptcy as these loans are free from credit checks. Another benefit of loans over 3 months is that lenders do not ask borrower to pledge any collateral as security to get loan money. Therefore, people like non homeowners and tenants prefer getting financial aid by applying for these loans as they do not have assets like home or property to pledge as security.

Some conditions are required to be fulfilled in order to obtain loans over 3 months. As per these conditions, applicant must be residing in UK for last 6 months. Applicant must have attained the age of 18 years. A permanent job and a salary of at least 1000 pounds per month are important to get approval for these loans. Also, applicant must own a valid and bank account in his name as this is required for transfer of loan amount. Loans over 3 months are widely available over the internet. Borrower just needs to fill an online application form with basic details like his name, age, permanent address, bank account number and so on. Once this is done lender verifies the form and approval is given within few minutes of verification. The loan amount is electronically deposited in to borrower’s account in 24 hours.

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Author Resource :
David 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 loans Over 3 months, 3 month payday loans, payday loans over 3 month, 3 month loans and payday uk loans that best site's you need visit http://www.paydayukloans.co.uk

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Category : Finance : Loans

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