123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

Loans For Unemployed - A Friend In Time Of Need

Profile Picture
By Author: Jim Kerry
Total Articles: 5
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

In the present day, there is no need to get worried if you don’t have a job and are in need of money. ‘Loans for unemployed’ will give you a loan for a time period and in the mean time you can find a job that suits you. Most of the banks and financial institutions will turn down your application if you are unemployed. Yet there are lenders in the market who offer economic help to unemployed people in dire need of money. This way non- working people too can fulfill their desires.

You can avail Loans for unemployed in two different forms, secured and unsecured loans. For secured loans you will have to provide collateral which can be your house or your car. This form has the advantage of lower rate of interest. But you have to be very careful as there are chances of losing your asset in case you don’t repay the loan on time. With the aid of secured form of loan, you can get an amount varying from £5000 to £75000. You have the flexibility to pay back loan within 5-25 years.

For a loan seeker who doesn’t want to pledge collateral, he can ask for unsecured loan. The interest rate will be slightly higher though. ...
... Under this loan, you can acquire cash ranging from £500 to £25000 for repayment option of 1 to 10 years.

A borrower has to qualify certain terms and conditions to get to get the benefit of this finance scheme. He should be a genuine citizen of UK, he should have completed 18 years of age and he should have a valid checking account.

Loan lending companies ask an applicant to submit an online application form after filling up a simple online form with personal information like name, address, telephone number, current account number, occupation etc. After the details are verified, cash gets transferred into applicant bank account within few hours.

Leander will lend out finance to borrowers with poor credit history without any discrimination. They also provide with easy repayment installments since the creditor knows that an applicant is unemployed.

Jim Kerry is author of Bad Credit Loans.For more information about Unsecured Loans for Unemployed, Payday Loans Unemployed visit http://www.loansunemployed.co.uk/

Total Views: 178Word Count: 369See All articles From Author

Add Comment

Investing / Finance Articles

1. The Investor Co - Trade With Confidence
Author: Taramalhotra

2. A Deep Dive Into The Leading Investment Banking Firms In Hyderabad
Author: Verity knowladge solutions

3. Can Foreigners Buy Property In Ajman?
Author: tarek

4. When Will Same Day Loans Online Be Paid Into My Bank Account?
Author: Jockey Ferguson is a financial adviser of Fast Pay

5. The Role Of Exclusive Solar Appointments In Accelerating The Solar Revolution
Author: Shan Tait

6. Wills Vs. Trusts: Key Insights For Effective Estate Planning
Author: Daniel Stewart

7. The Impact Of Financial Institutions Groups On Global Markets
Author: Verity knowladge solutions

8. How Property Investment Professionals Drive Long-term Wealth Creation
Author: Rick Lopez

9. Private Company Registration Bangalore | Company Incorporation
Author: mwseo

10. Ecommerce Loan With Overdraft Facility For Your Business
Author: Tarun

11. Does The Online Application Process For A Short Term Loans Require A Credit Check?
Author: Jockey Ferguson is a financial adviser of Fast Pay

12. The Impact Of Customer Reviews On Solar Appointment Leads
Author: Shan Tait

13. What Happens If You Don’t Use Insurance Money For Repairs?
Author: john

14. How To Earn Money Online Without Investment In Mobile?
Author: john

15. Is It A Good Idea To Give Money To Beggars?
Author: john

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: