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Suitable for tenants and other non property holders

24 Feb 2011

It is quite true that it is difficult to manage the regular costs and the irregular costs with the limited source of income for not more than £1000 per month. The regular costs are groceries, payment of bills like electricity, water, gas, payment of house rent, travelling expenses, etc. You need extra money to mange the emergency expenses like untimely medical aid, car repairs and debt consolidation, etc. But life is not only about clearing the backdated dues you need money to build your dreams. Every person would like to make life cosy and would prefer to buy assets like a house, a car, jewellery, etc. Procuring unsecured loans is a dream come true act for tenants and non property holders who wishes to rise high in life.

If you have a computer at home or at office with an internet connection, you would be able to verify different lenders online who would assure you to offer unsecured loans at competitive rates of interest. You need to read the terms and conditions in the print properly, otherwise you might end up paying unnecessary dues because of the lack of understanding the hidden costs given in the guidelines. The word “unsecured “suggests that you need not have to put any collateral against the loan amount. You would be even pardoned for maintaining bad credit history as this is not one of the basic criterion to determine your repayment ability.

If you sign up online with Same Day Payout Loans for these loan schemes, you would be able to negotiate the loan amount ranging between £1000 and £25000 with a repayment capacity between 1 and 10 years. If you share a good rapport with them, the rate of interest would also be lowered down. You need to fill up the basic details in the online application form free of cost. These basic details are as follows:

  1. You need to be citizen of UK.
  2. You need to have a stable job with income not more than £1000 per month. It should be for last 6 months consistency.
  3. You need to mention the bank account details which should not be more than 3 months old.

Once the details are filled up online, it would go to the lender’s site for further verification and approval. Within 24 hours, the loan amount would be transferred to the bank account.


If you need extra cash to clear your backdated dues and also to fulfil your dreams without putting any collateral, then you would be able to apply for unsecured loans. You would not be even verified for maintaining bad credit history. You would be able to bargain for higher loan amount with lower rate of interest. Applying online would be free of cost and it would save your time and energy.