When should you borrow 1 year loans?

Like all other borrowers, you are also facing a cash shortage and want to borrow loan. But you want such a loan that has easy repayment terms such as long repayment duration, facility to repay in installment and so on.

If this is your need, then you should borrow 1 year loans.

These are perfectly designed money solutions when you are in need of urgent cash assistance with easy repayments. Moreover online facility has made the borrowing extremely simple, fast and convenient.

The repayment tenure offered through 1 year same day loans is sufficient for paying back your borrowed amount at your own pace. With no hesitation, you can seek these funds and obtain finance help immediately within hours of submitting your application. Lenders will decide the amount that you will expect to receive depending upon your needs and repayment capacity. You can use the borrowed cash for meeting any of your diversified needs.

However to borrow these loans, you need to meet the basic conditions prescribed by lenders. These include conditions regarding the minimum age, employment status, bank account etc.

The characteristic feature of this innovatively designed loan service is that you need not undergo any credit checking procedure. Faxing of unwanted documents is eliminated and there is also no need to place any valuable asset against the borrowed money. Other benefits include fast and easy approval, and free online application.

Fill a hassle free simple online application form with relevant details and submit it. Application for these loans is free and therefore you don’t need to pay any up front charges or any other application related fee.

Get your cash approved soon for meeting your needs with lengthy repayment tenure of 12 months.

Get a same day loans, repay it next … 1 year.

George had a job at the local golf club. He earned £200 a month. He wanted a loan of £200. He also wanted to be able to repay the loan in installments, over a year. George had never heard of any institution that gave such small loans. Even if they gave him a loan, would they give him a loan for 1 year?

Yes, there are lenders in the UK who give small loans of £100.00-£1000.00 without asking for any collateral or security deposits. While in the past, these loans were given only for short periods of 14-21 days, now they are given for periods as long as 1 year. In fact, the product was called Payday loan because the loan that was taken was repaid when the borrower gets his or her next Payday cheque. Now that the period is stretched to 12 month, the new product is called 1 year same day loans.

The financiers of these credits do not ask for any collateral or security deposit and they do not refuse you a loan if you have bad credit ratings. So if you have debts, arrears, unpaid dues, CCJs or IVAs, etc. do not hesitate to apply for a loan. Your application will still be accepted and processed.

How do you submit your application? Application forms are available online at many different websites. You can get online in the comfort and privacy of your home, fill up your application form and submit it. Being an online application, it will reach the lender instantly.

They will hurry to get back in touch with you to discuss details and finalize your loan. The form itself is so simple, it only asks for very basic details. You are asked your age (thee loans are only given to adults); your permanent residential address; and if you have a bank account, the money you asked for is transferred into your account. Alternatively, the funds are delivered to you by cheque or cash.

You need not send any documents by fax when you send your application form.

After you receive your loan, you get a full 1 year to repay.