subject: Bad Credit Signature Loans - Cash Against Your Signature! [print this page] Our wants are unlimited and the funds to satisfy them are limited. Why worry when you have an option? Bad credit signature loans are of great help. These finances are for people with stained credit record. The lenders issuing this credit undertake a lot of risk. Hence you should be able to prove your repaying ability to assure the lender of your credit worthiness.
In case of this form of credit only the signature of the borrower is required. You do not have to pledge any security against the credit amount. The borrowed amount can be used for various purposes such as; for payment of routine bills, all your pending bills, medical emergencies, educational purposes, to arrange for a holiday and so on.
Bad credit signature loans offer credit ranging from 1000 - 25,000 for a period of 1- 10years. You do not have to place any collateral against the credit amount except for the papers on which you deliver your signature.
In order to be eligible you need to fulfill the following criteria;
- The borrower has to be over 18years of age.
- He should have a stable source of income.
- He should earn over 1000 a month.
- He should be a citizen of the UK.
- He should have an active bank account.
The application process is simple. The form can be filled online in a matter of minutes. After receiving the application, the lender would review all the documents in the process of verification. The credit will go directly into your bank account. Therefore, you do not need to pay any extra fee to the lender. No pre-payment penalty is required with bad credit signature loans. This is extremely useful for individuals who want to save some money in the form of interest rates.
Bad Credit Signature Loans - Cash Against Your Signature!
By: Parker John
welcome to Insurances.net (https://www.insurances.net)
