Anyone can have a temporary financial problem. Many such financial problems can be resolved with a few hundred quid. Some problems require over a grand. A short term loan worth that amount can be the simplest solution. But banks and traditional financial institutions will not lend you such small sums of money. Besides, they have secured loans so you need an asset. Your credit score should be excellent. You must have some association with the bank as well to get fast approval. Many people resort to their credit cards but there may not be sufficient balance all the time. It is also unwise to use credit cards to withdraw cash.
Borrowers often do not have much of a choice. They are after all at the discretion of lenders. There are private lenders that offer short term loans worth hundreds or a few thousand. The terms presented by such lenders are often nonnegotiable. This makes the proposition more of a compulsion for a borrower than something they can actually choose. The freedom of choice is available for borrowers who apply for such loans through FlexRepayUK.
- At FlexRepayUK, you can choose your loan amount. You do not need to worry about how much money is offered by which lender. You simply choose the amount you need and FlexRepayUK will connect you with lenders that have the capacity to offer that sum of money. It is futile to explore dozens of small to medium lenders that might not be able to offer you the money you want. Also, some lenders have specific loan amounts you can apply for. Regardless of such likelihoods, you get to choose the amount you require and apply accordingly.
- FlexRepayUK enables borrowers to choose a convenient repayment term. Traditionally, lenders put forth the repayment term depending on the type of quantum of the loan. FlexRepayUK does not dictate what lenders have to do but as a borrower you can get quotes from lending firms that have the provision of the repayment term you seek.
- FlexRepayUK is an amplifier. It does not limit your options but finds you relevant choices. You can choose a lender that has no processing charge. Many lenders of unsecured short term loans have such charges. Some lenders will obviously have better rates of interest. You have the freedom to compare and choose the finest lender among the relevant ones. You are not compelled or obligated in any way throughout the process.