If you are in need of cash now and can’t wait a couple of weeks or days to apply for a loan and then wait to be approved you will be happy to know that you can apply online and receive your loan on the same day. With this option you can apply today get the cash you need in 24 hours without having to pass any test.
These instant loans today can be very advantageous as they work to provide persons with the funds they need in a short period of time. These loans can be used to cover urgent needs like school fees, medical bills, home repairs and even the purchase of a car among other things.
Eligibility for Instant Loans
Basically, these loans are available to anyone who receive a regular salary, is over the age of 18 and has a valid bank account. In order to receive the loan you will need to provide the lender with your name, permanent address, source of income and bank account.
With loans of this nature you will be able to source loans amounting to anywhere between £90 – £1500. Do bear in mind that the loan is short term and repayment of the loan is expected by your payday.
Convenience of Same Day Loans
You will be happy to know that this type of loan is made available both to persons with and without a good credit history. When you apply for this type of loan, formalities like credit checks and the need to fax information are normally avoided.
Hence even persons with a poor credit score can use this medium to meet their various urgent needs.
In addition, because of same day loans online persons can apply and be approved for their loans from the comfort of their own homes making the process very convenient.The important thing however is to remember to repay the loan on time and in full.