For those living in the UK who are in need of an emergency loan, White Loans can offer you a loan instantly. We all know having an emergency fund is the idea choice when something goes wrong, but if have not had the time to build up your fund, a payday loan is an option.
A payday loan can offer a short term cash advance to help you take care of an emergency medical issue or car repair. The loans are fast, easy, and often can be done online with no human interaction. They are based on employment and not credit, making the loans accessible to those with a poor credit rating. A payday loan may not be ideal, but it is a better option than a bank account overdraft which will spiral into even bigger financial problems.
The important thing is to have a plan going forward. Understand the interest rate is high and have a plan to repay the loan as fast as possible. Not only will paying the loan off quickly keep you from further financial issues, it will help rebuild your credit.
Before applying for a payday loan keep in mind you should meet the general guidelines for approval:
-You must be 18 or older
-You must be employed (usually full-time is required)
-Length of employment is often considered
-Own a bank account
-Minimum earnings required
-A guarantor (Someone you can name to be responsible for the loan if you fail to repay it.)
If you are in the UK and in need of an emergency loan, www.whiteloans.co.uk is ready to loan you up to £1,000 in as little as ten minutes. There are no hidden fees, no phone calls, and they are open 24/7 all year round. Best of all, your transaction will be private and confidential.
*This post brought to you by White Loans (UK).