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100 Pound Text Loan Direct Lenders
Without a doubt, most of our time is spent on our phones and it’s no wonder anymore as it can do almost everything. From calling a long distant friend to watching a film – name it, today’s mobile phone can almost do it. Even getting finance is possible with the help of this device and if you’ve never heard of it, this article is for you.
Introducing Text Loans
Your mobile phone is a device that can do amazing things, and now, it can be used to acquire money. If before, you’re struggling to get up, dressed, and drive your way to the lender, all you need to do now is type a few keywords, enter a Personal Identification Number (PIN), and send the message to 100 Pound text loan direct lenders. There’s no need to go online. No need to turn on a desktop. Just simply send a text message containing the amount you want to borrow. It’s that easy! The best part is – it is free of charge. Well, of course, you need to have sufficient balance from your network provider. It works and costs like regular text so there’s no need to get confused.
Depending on your credit rating and affordability, you can borrow from £100 to £1,000, and existing clients may ask for a bigger amount. In just a few seconds, you’ll know whether you’re approved or not and once granted, the money will be sent to your own bank account.
Applying For Text Loans
Like other types of loan, lenders will require the applicant to be at least 18 years old. This way, the borrower might have enough experience with borrowing a loan and may have enough credit history. Applicants must also be a UK resident and employed, otherwise, he must be a recipient of an alternative fund, such as pension, benefits, or alimonies. Usually, no credit check is required; therefore, the lender must ensure that the applicant is able to repay the loan back on time. Having a bank account is also necessary because this is where the money will be transferred electronically. The borrower may also use his bank account to repay the loan on its maturity date.
How Text Loans Help
For some obvious reasons, text loans are beneficial because it is fast and easy to procure. There’s no need to fall in long lines nor fill out an application form. Here are some of the advantages of text loans:
For Emergency Purposes
Emergencies happen all the time and it can’t wait any longer. For instance, you need to rush a family member to a hospital but you have no money. Applying for a traditional loan is not an option; instead, you may opt for text loans as you can have your money in a few minutes.
100% Approval Rates
Text loans are often referred as “next loans”, thus, you need to have a loan which has been settled prior to the text loan application as you’ve provided all your details beforehand, qualifying for the loan is simple.
Borrowers don’t have to wait for days or even hours. With text loans, you can have the money you need immediately.