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3 Month Payday Loans – Timely Cash for Timely Help

Very often salaried class people find their purses empty in the middle of the month. At times some monetary crisis comes up, perhaps tuition fee of your son or your house needs an urgent renovation. It could even be repair of the car! For all these financial demands British citizens turn to 3 month payday loans, since payment of the loan amount is made very quickly. The loan-seekers get the loan amount in their bank account within 24 hrs after the application has been approved by the lender!

A prospective customer can obtain £100 to £1500 as the loan amount. Repayment of the loan amount can be made in several weekly installments. You have a time period of three months to reimburse the debt. This cuts down the repayment burden on your pay cheque when you require it for other exigency. The interest rate charged is comparatively higher because of its short term nature.

One of the finest points in 3 month payday loan is that the finance provider does not check your credit history. Hence, people with bad credit score like late payments, payment defaults and CCJs too can apply for loan without any hesitation. Further, a debtor need not fax the documents which save a lot of time and effort. Applying for the loan is also not very difficult. A loan seeker can apply for it online. Another major plus point is that a collateral is not required. Applicant’s pay cheque acts as collateral.

Online submission of application form makes the whole process of getting a loan very convenient and fast. You can get the cash in your bank account within 24 hrs. An applicant can negotiate terms and conditions to get the best deal after a careful online research.

To avail a loan an applicant has to qualify following precondition:

* should be a citizen of Great Britain,
* should be over 18 years of age,
* monthly salary must be £1000 or more,
* should have a valid and active bank account,
* should be legally employed for at least previous 6 months.

Adria Marsh is author of 3 month payday loans.For more information about payday loans visit http://www.3threemonthloans.co.uk