With the growth of a child education is also said to be very important. So to make your Child's career best, parents strive hard. But, there are times when parents face shortage of cash. In these situations you can take the help loans for students which can help you in your difficulties.
It is true that education plays a very important role in the growth of a child. These finances can be secured as well as unsecured credit. In this secured finance the lender will offer an amount to the borrower ranging from £500 to £100000 and the time period offered will be for 1 to 25 years. The borrower is suppose to pay the amount in the given period of time.
In unsecured finance the amount offered to the borrower will be ranging from £1000 to £ 25000 and the time given will be for 1to 10 years. In this credit the borrower does not have to place property or asset as collateral hence, a high rate of interest is been charged.
A person with bad credit history can also apply for this type of finance.
Since, there is no faxing and less paper work done you can avail the cash easily. In secured loan since the borrower has to place his property or asset as collateral he is been charged a low rate of interest. Similarly if the borrower fails to repay the amount in the given period then his property will be at a risk.
Eligibility criteria:
• A student should be a citizen of UK.
• A student should be above or their guardian should 18 years of age.
• A student should have a correct bank account.
• A student should have a proof that he is a part of university.
The online procedure is very simple and convenient.The borrower just has to fill the application form with the correct information in it and within 24 hours the funds will be transferred to your account.
Kelly Meliss is British writer. She has completed her Masters in English from University of London. She is working as a Financial Advisor with Online Unsecured Loans. Visit for online unsecured loans and bad credit unsecured loans.
Article Source: http://EzineArticles.com/?expert=Kelly_Meliess
No comments:
Post a Comment