No debit card payday loans are getting very popular these days as these are one of the loans which help you in your critical times. In case, at some point in time you fall short of money and you have list of necessary bills to be paid or other daily life expenses need to be paid-off urgently. In such situations debit card loans come into role play wherein the borrower can lend his credit card to the lender and borrow the required amount from him. With the help of the borrowed amount the borrower can pay-off his necessary bills like credit card bills, electricity bill, medical or hospital bills, debt consolidation, renovation of the home, wedding, traveling, car repair cost, and education fee, etc. It is known as debit card loan because the borrower uses his card as a guarantee to the lender that he has a bank account and gets paid regularly into his account.
Features-
debit card payday loans are instant loans and grant you monetary help for emergency needs which may arise any time in the mid of the month. These cash advances do not require any kind of collateral pledging, so you are not bound to possess expensive or valuable assets. The main important feature of these loans is that they approved with few hours of applying.
Who can avail these loans?
In order to avail these loans one has to qualify certain eligibility conditions such as-
One must be a UK citizen who have attained the mature age of 18 years and above
The applicant should have an active checking account which is 3 months old in which the loan amount will be wired to.
One should be a permanent UK resident, should be employed and have a monthly income of £1000 or more.
How to apply?
One can apply for these loans through online mode. You just have to fill an online application form with details like name, address, bank account number etc. the loan amount get deposited in your account within 24 hours of approval.
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