Thursday 5 December 2013

Bad Credit Loans with No Debit Card- Help Beyond the Limits

People who are having the bad credit records and do not have debit card at their accounts find difficulty in availing the loan from the lenders in the finance market but now there is a solution for such people called as the bad credit loans with no debit card.

These loans are availed without taking the bad credit records into account because these are designed for the people with bad credits as well. The reason of the bad credit does not matter whether it is due to arrears, late payments, credit card bills etc.

People fulfilling the following conditions can avail the loan, the applicant should be the citizen of UK, he should be 18 years or above in age, he must be employed and also should have a functional bank account.

These are the unsecured type of loan provided to the needy people without keeping any security and these loans are the short term loans provided for 30 days at its max. That is these are supposed to be repaid in 30 days only and failing to this the borrower may face the legal proceedings and also some monetary loss.

bad credit loans no debit card are availed between £80 and £1000. The amount that will be granted depends upon the income of the borrower and also on the monthly expenditure. The rates of interest on such loans are higher this is due to the reason that the unsecured money is lent at higher rates of interest and also the money which is lent for short span of time incurs the higher rates of interest to the borrower.

For more information do browse at: http://www.loansprofit.co.uk