Payday loans no credit check – to fill sudden monetary gap!

June 12, 2010 - PRLog -- These loans are quite helpful for individuals who are suffering from bad credit history and need urgent money. The approved money can be used for child’s school fee, pay hospital charges and shopping.

PAYDAY LOANS ( http://www.all-about-online-loans.blogspot.com )  no credit check is the best alternative when your next payday is far away and you need instant money. Sometimes, credit check becomes obstacle in sanctioning of the desired amount but in this credit lender will not consider the credit history. These loans are offered for any purpose and lenders ask no questions over this requirement.

If you have been irregular in payment of loans, or even if your credit score is bad, you can apply for payday loans no credit check. You are not asked to keep any collateral nor required to submit proofs and documents to get this short term loan. You can use the availed amount for 14 to 31 days and suppose to repay it from the next salary.

Eligibility criteria for payday loans no credit check are quite simple. You must be:

• Citizen of UK with age above 18 years
• Employed since last 6 months in the same company
• having an active saving bank account operative for last 6 months
• having regular monthly income of minimum of £1000

Application process and repayment for payday loans no credit check is quite simple. You should apply online giving personal details on above mentioned criteria. Application is processed within few hours after request and approved loan amount is electronically transferred in your account in less than 24 hours.

Maximum loan amount is £1500 which has to be paid back from next payday. It is directly credited to lender’s account on due date. Interest charges are comparatively higher since loan is for short term and easy to get.

With so much of simplicity and fast delivery of funds, you should not miss using this pay loan no credit check facility in emergencies.

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