With the multitude of options that are available in the market, choosing the right loan suited to your personal requirements is essential. Additionally, it can become even more difficult to get the loan of your choice with a not-so-good credit score.
NowLoan (the trading name for PJG Financial Limited), is a company based out of the UK that helps you in such cases where it can be difficult to obtain a loan traditionally. Read on to know more about how you can benefit from their services.
How Does it Work?
NowLoan uses special software to provide its customers with a list of lenders that are willing to provide their desired loans. This process helps you to select the cheapest loan that is available to you. In addition, NowLoan facilitates you to receive a completely free quote with no obligations attached. It is up to you whether you want to go with any of the lenders suggested to you. And the best part is that this process of getting a free quote does not affect your credit score in any way.
The application process itself is fast so that you do not have to wait for an indeterminate period of time to hear back on your loan status. While most lenders give an answer back within 24 hours, there are cases where the loan approval happens as fast as in 15 minutes. The process is simple and you will need to sign a loan agreement and other related documents with the lender only when your loan is sanctioned.
In case you have an unfavourable credit score, then you can opt for the bad credit payday loan option. NowLoan is authorized by the Financial Conduct Authority (FCA) as a direct payday loan broker.
Eligibility and Limits on Borrowing
The eligibility criteria for availing this service is simple and is as follows-
18 years of age A resident of the UK With a proper address Employed. If self- employed then some additional documents will be required.
As for the maximum amount that can be borrowed, loans of up to £25,000 are usually approved by the NowLoan. For the bad credit payday loans, the maximum amount usually sanctioned is £5,000.
NowLoan works in an ethical manner to guarantee that you can get the best loan for your needs. Moreover, it provides you with a free quote that does not have any impact on your credit score. This means as a customer, you undergo a very smooth and efficient loan approval process.
Visit the website (www.NowLoan.co.uk) to get your free quote today and find your cheapest loan option.