(Submit Articles) Now your debit card can help you to get financial aid when you find yourself without funds and sudden expenses crop up. Payday debit card loans provide you instant money by just placing your debit card to the lenders. It means that you can avail money help against your debit card. It an easy and instant way to cover all your urgent and sudden needs.
Features
These loans come under secured loans as you have to keep your debit card as a security with the lender. These are short term loans and grant you monetary help for small purposes like school fee, telephone bill, medical bill, sudden car repair, electricity bill etc. these cash advances charges higher rate of interest due to its short term nature. You can avoid this by searching for the suitable deal.
Eligibility conditions
In order to grab cash from these loans you have to fulfill certain conditions. These are as follows-
1. Age of the borrower should be 18 years or above
2. The borrower should be a resident of UK.
3. He/she should have a regular Employment with minimum salary of £1000
4. He/she should have a valid and active bank account.
How to apply?
The easy and simplest way to apply for these loans is online mode. You just have to fill an online form with some details like name, address, bank account number etc. the loan amount is deposited to your account within 24 hours of approval.
Summary
Under these loans you can fetch the amount ranging from £100 to£1500 for the short term period of 14 to 30 days. You can easily avail these loans without any hassle of credit check, faxing of documents, lengthy paper work etc. it means that bad credit record like defaults, CCJs, arrears, bankruptcy etc. are not hurdle for these loans. Thus these loans are simple and quick to get financial assistance at the time of need.
Visit the Author's website: http://www.paydaydebitcardloans.co.uk/