(Submit Articles) Urgent and sudden expenses can break your budget and may bother you for instant financial help. But you may avoid taking cash help through loans due to your bad credit history. So in order to solve your problem loan market has designed no teletrack payday loans. No teletrack means that not to keep track of your past credit history.
Salient features
These are short term loans and help you to solve your small needs like household bills, house renovation, car repair, school fee, medical bill etc. one of the good feature of these loans is that people having imperfect credit record can easily apply for these loans. Bad credit history like default, arrears, late payments, insolvency etc. is not barrier at all. Since these loans are short term loans so the rate of interest rates are comparatively high but you can negotiate it by searching for the lower rates on the internet
Application requirements
The procedure for applying these loans is very simple and convenient. You are just required to fill an online application form with some details like name, address, bank account number etc. There is not need to sacrifice your comfort as all the formalities are done through online. The amount gets deposited into your account within 24 hours of approval.
Eligibility condition for these loans
There are certain eligibility conditions for availing these loans ““
Borrower must be of 18 years or above
Borrower must be a citizen of UK
Borrower must have regular income source
Borrower must have active saving account
Summary
No teletrack payday loans furnish you cash ranges from £100 to£ 1500 for the period of 14 to 31 days. The repayment can be made on your coming payday because these are payday loans. These cash advances are unsecured by nature so there is no requirement to arrange for valuable assets for collateral. Moreover, there is no hassle of faxing of documents, bank statement or any extra paper work.
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