Are you looking for a big amount loan for longer period to ease down the repayment installment?
Are the regular banks and premium financial institutions are turning down your loan applications because of one reason or the other?
Are you in hurry to get quick cash help?
If the answer to such question is ‘Yes’, you are at perfect place - Post Office Loans, the no. 1 direct lenders in the UK offering the widest variety of 5 year loans at the most competitive rate:
5 years is a long period indeed. Getting unsecured small amount loan that too with bad credit history is a challenge if you approach the mainstream financial institutions or banks. Post Office Loans is conceptualized to help the widest community segments by providing instant decision unsecured bad credit loans. You are free to choose the amount like £ 5000, £ 10000, £ 15000 or £ 20000. Is it tedious to get the funds in your account?
It is simple like counting 1-2-3. We follow an easy to use users’ friendly online process, where you need to serve just your personal details and the required amount. Our loan experts analyze and check your credentials and monthly repaying capability through advanced loan calculator. If everything seems ok, you get the approval within 30 minutes along with transparent quote. The quote explains everything you want to know like monthly installment, interest rate, early repayment terms, transfer process, processing time, direct/indirect expenses etc.
We are trusted for offering the least priced 5-year loans up to £ 20000 and our impressive years’ long presence and growing clientele also certify our excellence in direct lending, yet, our experts help you make the 5-year loans more cost effective. The cost of the loan includes processing fees + principle amount + interest amount. The most flexible element out these three is interest amount. So, you must optimize the loan period and the loan amount according to the importance of requirement. We always encourage our customers to repay the maximum loan amount at the earliest as soon as the funds are available instead of following the fixed schedule. We never charge extra for early repayments.
If you owe other debts from different institutions or banks, applying for more than the required amount is a good idea. The extra amount can be used to clear your debts or to consolidate the debts; it improves your credit score for future borrowing. Better the credit ranking is, better the deal you get.
If you are unsure of your monthly income, never agree to repay the amount earlier beyond your capacity. Stretching the repayment period is always better than failing to repay on the time. Late payments always draw some levies that make the whole affair costlier while the early repayment is free of any charge.
You can convert the unsecured loans into secured loans any time to reduce the interest amount; whenever you get something to pledge during the five years period, convert the balance debt into secured loan at new interest rate. Opting for proper loan category like property loan, payday loan, small business loan is also must to get the cheapest 5 years loan.