If you are in an urgent need of money and you cannot go for the lengthy procedures of loan applications. Add to that, you do not have a check book to sign post-dated checks. What to do? For these situations, there are small cash loans with no check book.
To pay a medical bill or the payment for a bounced check, you do want urgent cash. These loans fulfill that basic purpose. These are basically small cash loans, which are not huge, but are equally important as huge loans as they are sufficient and quick for your emergency needs.
Lenders ask for high rate of interest in absence of collateral, and for the reason the loans are sanctioned immediately. The amount may be up to £2000. Small cash loans with no check book are normally short term loans. You have to pay the money back within short duration of time that is between 10 to 30 days. You should pay the money back in time because in case of any default in repayment, lender will charge you with extra high penalty. These loans are unsecured means of financing.
Every UK citizen meeting a certain criterion is eligible to apply for small cash loans with no check book. You must be an adult of age 18 or above. You must be residing in UK for the last 1 year at least. You should have a regular source of income which will give a sense of security to the lender. These loans can be secured through any financial organization in UK. Going online will bring you an opportunity to select the best deal.