1 Month Loan – fast access to urgent cash
Sometimes, the need for cash is such urgent that you want to have it in hands quickly. At the same time, you wish to repay easily due to your smaller paycheque. In such a circumstance, 1 month loan can be a solution for your typical situation. Your loan application is immediately approved and the loan amount is electronically deposited in your bank checking account within 24 hours.
Through these loans, you can borrow an amount only after proof that you are earning a monthly salary cheque from the current job for past six months at least. You should also hold a bank checking account in your name. The lenders may ask you to fax the documents of your employment, salary and residential address along with the loan application.
1 month loan is a solution when you need cash ranging from £100 to £1500 for a short period of two weeks, ahead of your next payday. So, you can repay on next payday. However, you are also allowed to repay in a month. You can rollover the loan amount for a month in weekly installments.
Multiple cases of late payments, defaults and CCJs of the borrowers do not matter to the lenders. Even with such cases and low credit rating, you can always borrow the cash from the lenders without any credit checks on you.
At the same time, you should also be aware of high APR on 1 month loan. Such high interest payment puts next paycheque under stress as you need the cheque for other personal purposes also.
So, compare several online 1 month loan offers from the lenders. Settle for the deal that allows you to repay at competitive rates and with no additional and hidden payments. Ensure that you repay the loan amount on the due date without any delay to avoid penalties.
Summary
1 month loan is source of cash for urgency in the same day without any credit checks. You can repay on next payday or in a month as is your convenience
Jaken Smeth has completed his masters in Business Administration. Writing articles is just a way to extend this to consumers and provide empowerment through information. To find 3 month loans , 3 month payday loans visit http://www.3monthloans.me.uk
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