Welcome To Text 4 Loans UK

Representative example:Borrow £100 for 30 days. Total repayment: Amount payable: £124. Interest £24.Interest rate: 292% p.a.(fixed). Representative APR: 1269.7%(variable).

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

Life can be extremely difficult at times. Just imagine the days that arise between the gaps of two paydays. These are the most difficult and intricate times for people who are hailing from working class. With no or little money in pocket, tackling expenses is no less than a challenge. To help you in times of financial distraught, Text4LoanUK.co.uk has come up with easy to acquire funds. When you apply for money through us, we match application 40+ lenders and you can be assured to get hold of finances in the easiest possible way. It is simply a matter of a few clicks to apply for additional funds

Applying for Text Loans

it is important for you know that text loans are easily available to people who are more than 18 years of age, is a citizen of United Kingdom or has the legal right to live in the country. In addition, an applicant would need a UK based bank account for text loans as the sanctioned money is deposited electronically and the repayment of the leaned amount would be detected from the same account. It is important for applicants to ensure that the loan you are opting for is affordable. Having a regular source of income is also one of the pre-requisites to apply for text loans. This could be either payment from benefits or employment income.

Wondering how text loans can come to your rescue?

Text loans have gained popularity as they are very simple and fast to apply for and since there are several reasons why they make for great support during financial crisis:

Quick access to funds

Given that the entire procedure of applying for text loans is electronic, it will not take much time of the applicant to complete it. You have to visit no one when choosing this loan. You do not have to get involved in hours of paperwork and other formalities. As a matter of fact, it is a simple and easy online application procedure.

Monetary support during emergency

There are different reasons why financial crisis arise in the life of a person. From medical emergency to car repair, payment of pending bills and household needs, requirement for urgent cash can strike at any given point of time. These loans make for an ideal and perfect remedy to deal with problems.

Positive rate of approval

People who do not have a great credit score often find it difficult to get access to a bank loan, however, text loans are that of relatively much smaller amount and are borrowed for relatively short span, and this in turn, results in much higher rate of approval. If an applicant has serious credit history issues then chances are that you might need a guarantor for getting a loan – yet another option for bad creditors.

Data security

Now this is one of the primary concerns for most borrowers. Your personal details that you share online while filling the online application form should be legally safe and secure with the lenders. This, in turn, decreases the chances of your details being used elsewhere or stolen.

Flexible borrowing

When it comes to applying for loan, one thing which maximum people think of is the amount that can be obtained. When you choose to apply for text loans then you can borrow cash between £100 and £1000. The amount which is sanctioned depends on the basis of your circumstances and requirements. Also, the rate of interest charged varies from one lender to the other. However, text loans are relatively cheaper in comparison to long-term loans because you are charged for a short-term. Once loan amount is sanctioned, it is transferred into your bank account with a repayment plan that is best for you.

Customers who are dealing with bad credit history can also apply for Text Loans through us. No fuss credit check means there is no delay in approval but make sure that you meet the conditions that are set up by lenders. You can expect an approval only if you clear the procedure of verification. Those who will be getting an approval can gain money varying from 100 pounds to 1000 pounds.

Just spare out a few minutes and fill up the online application form accessible on the website and be prepared to fetch funds immediately. As these are short term loans, you have to make the repayment between seven to ten days.

Consequences of non-payment

All the implications of non-payment of loan are mentioned in the loan agreement. Thus, before signing this agreement, make sure that you read this agreements and clauses with great care. In case of doubt or query, make sure that you ask your broker or lenders for clarification to have proper understanding of these clauses and conditions. Usually, the instant consequences of non-payment of online loans are – a miss payment penalty, involvement of collection agencies for recovering the loan amount, inability to get an approval for new loan in near future and a loan default remark being mentioned in your credit record or register.

Important Information:

Collection Practices

Once you have received your payday loan amount, if for any reason you think you will be unable to meet any arranged repayments, or if you think there will be any difficulty repaying any part of your loan, then you must contact the provider of your loan directly as soon as you become

Contacting your lender will provide you with the best opportunity to perhaps reschedule your loan repayments or discuss further options in more detail to avoid adverse action. Changing repayments of your loan amount could incur further charges or interest, the details of which can only be discussed directly with the lender of your instalment loan. If no attempt is made to contact your lender and update them on any circumstantial changes or make the lender aware of any difficulty in paying back what you owe; they reserve the right to pass on your details to third party debt collections agencies or organisations that will attempt to recover the debt.

Lenders usually reserve the right to utilise the Continuous Payment Authority to continue to attempt to take payment from your card up to 90 days past your due date. This is only done if it is in line with the terms of your agreement. Please check your own Terms and Conditions on your signed loan agreement for details.


Non-Payment Implications

The implications of non-payment of your loan could include adverse details being included within your credit report. This could adversely affect future attempts at securing credit or finance, in addition to further charges potentially being added by the lender. Where you miss a payment entirely, you will often incur a charge/fee that will be added on to the total amount that you owe. Upon a missed payment, lenders will often try to contact you by telephone or letter in order to recover the funds and they may be able to arrange a new re-payment date with you. If you are struggling, or think there is a possibility that you will not be able to meet repayments, www.Text4LoanUK.co.uk strongly recommends that you contact the lender in the first instance.


Important things to remember:

- Don't borrow money if you know you will struggle to pay it back

- Don't ignore the situation, contact your lender as your first port of call

Please be aware that if do not repay your loan at the agreed date between yourself and your lender, this will result in your lender reporting your case to the Credit Reference Agencies; which may have a negative effect on your credit score. This may negatively impact your ability to obtain credit in the future for services such as car finance, mobile phone contracts or satellite TV subscriptions. If you default, you may be charged a collection fee (which varies from one lender to another), plus interest on the balance outstanding at the interest rate payable under the agreement. You must pay your lender any reasonable expenses and costs that may be incurred in taking steps to enforce (for example, via County Court Judgments), or attempt to enforce, the lenders rights against you under your agreement.

Payday loan renewal policy

Your lender may be willing to renew your loan. If you wish to do this you should contact them as soon as you know. Our lenders generally charge the same or better rates for loans if you have successfully repaid a loan to them in the past. Remember our lenders have to check that you can afford any loan. Any decision you make regarding the renewal of a loan should be made with full consideration of all the costs and your situation at that time.

Late or non-payment could lead to further interest and/or charges being added to your account.

Representative example:Borrow £100 for 30 days. Total repayment: Amount payable: £124. Interest £24.Interest rate: 292% p.a.(fixed). Representative APR: 1269.7%(variable).

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk