Payday Text Loan Service In The Uk

By Author: Harendra Kumar
Total Articles: 19
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In this high tech world of information and communication technology, technical advancements have achieved so many new heights that now even through mobile text we can easily avail loans sitting from our homes. Yes, don’t be so surprised! It is now your turn to get mobile text loans for your urgent and unexpected fiscal needs when you have little money in your wallet.
It is one of the most popular and recent trends in financial industry to get loans through mobile texts. It is true that you can acquire mobile text loans of small loan amount just by sending a SMS to your loan lender from anywhere anytime. Within minutes of sending the text you will get a confirmation message that the desired amount has been directly transferred in your bank account. Now, one can use the borrowed loan amount to pay for any of his/her personal needs and purpose without any headache or issue. This is a short term loan service that offer small amount of money for your urgent and unexpected needs.

The features of mobile text loan are: ...
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A borrower can get the requisite amount of loan instantly without any long or tiresome procedure. Also zero paperwork is an unique selling point of this service
With this mobile text loan service, a borrower can get a loan amount up to £100. The repayment period for this loan assistance is generally 7 days.
The repayment facility is also very easy where the borrowed amount is automatically transferred from borrowers account to lender’s account after the conclusion of repayment deadline.
On these loans, lenders charge very high interest rates unlike the normal rate because the loan is granted for short term nature. It is therefore, advisable to conduct some research work before applying for the mobile phone text loans.

Eligibility criteria for availing mobile phone text loans:
To qualify for availing the loans borrower must have following criteria
The borrower must be above 18 years of age and must possess a citizenship of United Kingdom (UK)
The borrower must be a regular employed with minimum standard and good salary
A borrower must have a valid and active bank account
Mobile phone and a valid email id is also required for transactions
As a borrower, you just need to fill only an online application format available at lender service provider’s website and bury all your financial worries.