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Quick Mini Loans- Now anybody can avail mini credit with quick mini loans

Posted On : Oct-19-2011 | seen (1360) times | Article Word Count : 425 |

Quick mini loans are designed to help people fulfill their immediate needs. Quick mini loans can be used for paying the installments of your credit card, getting small house renovations done, repairing your car etc.
There are circumstances when a person is jobless and not able to meet his basic needs due to no savings at all. Taking a loan in such a situation can help you solve your financial problems. But applying for loans in such times can be difficult. Quick mini loans can be of great help during such situations, as it helps to solve your fiscal issues. Quick mini loans are a financial alternative which provides mini credit for unemployed people within 24 hours.

Quick mini loans are a short-term loan and it is only for a short period of time and is meant for those people who are in need of instant cash. The borrower can select an amount from the range of £100 to £ 300 for a time period of 1 to 7 days within which the borrower has to repay the amount in full and not part settlement. If he fails to repay the amount in the given time then, the borrower must inform the lender in advance and extend the time period. One should think twice before applying for this loan because quick mini loans have a slightly higher rate of interest. Also extension leads to shelling out a few extra pounds. It is also essential to remember that late repayment can cause you a penalty. The best thing about quick mini loans is there is no credit check process so even people with bad credit scores such as late payment, payment overdue, CCJs, IVA, arrears, insolvency, foreclosures, bankruptcy can apply for such loans.

Applying for quick mini loans is very easy and simple, as there is no paperwork and documentation. The medium of transaction of money is online. Borrower can apply for this loan online by filling an application form with genuine details that has been provided on lender’s website, which usually ask for your name, permanent address, contact number, your proper bank account number and so on.

The online method of application and evaluation is very simple and quick. The borrower within no time will get an approval as the process of verification is over and in a day’s time, he will get the loan amount in his bank account.

To be eligible for quick mini loans borrower must fulfill certain conditions like the borrower must be a citizen of UK and completed 18 years of age with a valid bank account and a regular income. Quick mini loans can be utilized for paying your medical bills, telephone bills, electricity charges, house rents, educational fees etc.

Article Source : Mini Loans- Now anybody can avail mini credit with quick mini loans_93845.aspx

Author Resource :
Jake Matthew is financial adviser for Quick Mini Loans.To find more about quick mini loans,text loans and text loan. visit

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Category : Finance : Leasing

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