Cheap Unsecured Personal Loans: Solution For All Financial Problems


by Christian Phelps - Date: 2007-11-03 - Word Count: 326 Share This!

You are planning to buy a new home or renovate the old one or going to buy a new vehicle or want to go out for a holiday trip but are pulled back because of money shortage. Then here is a solution for all financial problems –Cheap unsecured personal loans.
Brief Review
Cheap unsecured loans help you to get loan between £1,000 and £25,000. The applicant should not keep any collateral to achieve the loan. The APR will be decided by the lender by checking the credit history of the applicant. Cheap unsecured personal loans are also applicable to people with bad credit, CCJs etc.
Requirement of the applicant

• HeShe should be above the age of 18 and should be a UK resident.
• Be permanently employed and obtaining a regular income and document showing last three months pay slip or last two years audited tax assessments.

Rate of interest and repayments

The rate of interest charged for cheap unsecured personal loans are less .Cheap unsecured personal loans can also be applied by persons having bad credit history only they have to pay a little higher rate of interest. Persons applying for loans over £10,000 will have to provide the lender with their income proof. By informing to the lender the applicant will get a relaxation for first three months i.e. heshe can start the repayment of loan after that period. Even if the applicant fails to pay back the amount borrowed in time the rate of interest will not be increased.
Advantage

• Fast sanctioning of loan
• One can apply through online too.
• Express service facility also given where the money will be transferred directly to the applicant’s bank account on the same day when the lender gets the full documents. The charge is just £35.
• No hidden cost
• The rate of interest is fixed.

Cheap unsecured personal loans play a role of savior in our lives. You can easily achieve all those things you have dreamt for and make them come true by applying for cheap unsecured personal loans.

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Christian Phelps is a Masters in Accounting and Financial Management from Lancaster University Management School. He has been working with unsecured cash loan since his academics got over. To find Cash loans, Payday loans, Bad credit cash loans, Urgent loans, No paper work loans visit www.unsecuredcashloans.org.uk

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