These
days it is easier to get the loan from the online finance market and guaranteed loans direct lenders are
also on the list. These loans do not involve any broker or third party in the
deal as the lender and the borrower are in the direct contact. These are the
loans that are raised with the surety and are meant to avail at the time of
short term needs. The short run necessities of the people constrain them to get
the loan but now it is not a big deal as the people can get the loan simply by
online application.
The
online requests for the loan are processed immediately and the applicant is
informed for the submission of the documents. The borrowers can apply for
amount in the rage £80 to £1000 without keeping any security. The loan is
raised at the higher rates of interest. The period to repay the loan lasts for
30 days as in case of the short term loans.
The
following conditions must be fulfilled by the persons wishing to get the guaranteed payday loans direct lenders;
the borrowers must be one of the permanent residents of UK, must be at least 18
years or above, employed with the stable income and also must have a valid and
active bank account on his name can apply for these loans.