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Doorstep cash loans function the same way as payday loans do. These finances have to be repaid with the next pay check that the borrower receives.
These advances solve the immediate monetary crisis of the borrower. Lenders offer credit ranging from ￡50- ￡500 for a period ranging from 1- 30days.
Before lending [link widoczny dla zalogowanych], the lender must be convinced that the borrower can repay the loan granted to him.
You have to fulfill simple criteria to be relevant for these finances:
1. You must be a UK civilian with a stable job.
2. You must have a legal bank account against your name.
3. Your monthly income must be at least ￡1000.
4. You should convince the lender that you could repay the borrowed amount.
5. You must be above 18 years of age that shows that you are an adult.
To avail these finances you at present need to fill in an online application with your true details. The lender may ask you details like your bank account number, contact number [link widoczny dla zalogowanych], resident proof, and ID proof and so on. There is no credit verification required.
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