Text Loans - Your Cash Is Just a Text Away

Mobiles are used for varied purposes. People send texts to pass on different messages. Did you know that you can apply for text loans through just a text? Technology has introduced this new means of providing financial assistance. You can now get easy cash to fulfill your needs. This form of credit has been introduced to make funds available in an easier and convenient manner for borrowers who are in urgent need of cash.

The funds borrowed may be used for different reasons. There are no restrictions on the usage of these funds. It may be used to pay off pending bills like telephone bills, electricity bills, medical emergencies, routine expenses and so on.

You are offered an amount up to £100 for a period of 1- 7 days. You can also extend the repayment period of such credit. On the date of repayment the lender will debit your account with the amount of the funds. You can also extend the period. However you must give the lender prior notice.

The Application procedure is very simple. You need to first register your mobile number with the lending institute. You have to then fill an application form giving all the necessary information. You must give the right information. The lender verifies your data and sends you a confirmation e-mail. This mail will also include the various terms and conditions and your personal PIN number applicable in the deal.
However next time you need money, you just have to text the lending institute. You have to specify the amount you need and the repayment period. The funds will get transferred to your account within few hours.

Eligibility criterion:

•    You need to be a citizen of U.K,
•    You should have a mobile number,
•    You should be above 18 years of age,
•    You should be employed with a regular income,
•    You should have a minimum salary of atleast £1000,
•    You need to have an email id to co-ordinate with the lender.

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About the author

Peter Parker is a financial adviser for Text Loan UK. click on the links to know more about text loans, instant text loans, payday text loans and £100 text loans.

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