Tenant Loans - Solving Your Tenancy Problems

Written By Wahyu Herdiansyah on Monday, October 28, 2013 | 8:17 PM

New to the city? Do not own a property in the city you are working? Are you a tenant and you need urgent cash to manage your emergency needs? Do not worry, now borrowers and financial institutions in the UK are offering unsecured tenants loans to fulfill their financial need. These loans are unsecured, so that the borrower (who had once hard time getting loans as tenants) can now get loans without pledging collateral.


There is a minimal set of eligibility criteria that applicant must meet to receive the loan that includes, he or she must be a permanent UK citizen with more than 18 years of age. The applicant must have a permanent job or a permanent source of income in the same city and a active valid bank account for at least last three months. Tenant loans can be applied online as well, since there is no credit check, people with bad credit, IVA, defaulters, CCJs can also apply for this. But the only disadvantage with this is that the interest rate is quite high as there is no security and the lender is at a high risk.

While there are variety of deals offered all over the internet a little searching job can land the applicant to a better deal. There is no fuss in applying and sanctioning of the loan which can be from £1000 to £25000, and this can be repaid in a flexible time period of 1 year to 25 years. The amount sanctioned depends upon the need, repayment capacity and income from the job.

Shery John is an expert author and he has more then 7 years of experience in writing finance related topics. To know more about Tenant Loans Visit: Tenant Loans



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2 comments:

  1. If you are looking to borrow cash fast, payday loan is ideal fast lenders that specialize in providing no faxing payday loans. There are generally no credit checks with these loans, so even people with unfortunate credit histories can get instant approval today. There is no waiting or wondering; you get a fast response in no time. You can visit this page to check for more info.

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  2. Hello Everybody,
    My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

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