People with bad Credit rating can also apply for a no income proof loans. If you have CCJ, mortgage arrears, IVA, repossession or any other credit problem, then also you can avail the loan. The amount you can borrow with no income proof loan is ? loan is available in secured and unsecured option. You can avail the loan without audited accounts. There are no rules regarding the usage of the loan amount. It can be any personal reason.
Unsecured version of these loans have little high rate of interest. Secured loan for no income proof allows you to borrow 90%value of the collateral. The loan amount available is ?5000 to ?75000. The loan term is 5years to 25 years. Some lenders give 100% of the collateral value.
Online single page form is to be filled which needs 2 minutes. Decision is taken within an hour and friendly services await you. There are no upfront fees for such loans.
Online lenders have various plan and schemes. Online forms should be submitted and then they get back to you within few hours. Online calculators will help you to calculate the monthly repayments, rate of interests and other charges. The loan term can be discussed after meeting the lenders.
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