If you are suffering from bad financial condition and need money for surviving before you get your salary you can apply for 12 month credits with no credit check. It is short term loan taken for the purpose of house maintenance, house improvement and basic needs and to buy many other furniture products for your home. This is the loan which includes the amount from £500 to £10000 which is used for fulfilling the day to day requirements of a person. These loans are also helpful for payment of utility bills and fee of your children. Mostly these loans are interest free or with low amount of interest and a person getting this loan might pay less amount of interest or no amount of interest on its settlement. You can settle these loans within 3 months or 6 months or 12 months. There are many other facilities you can get by applying for getting loans and repayment of that loan. Some of the types of loans for short term period are provided for UK residents are as under
- 12 months loan: This is the loan which must be settled with in duration of 12 months and the amount which can be taken is £10000 from 12loans.co.uk.
- 6 months loan: This is the loan which must be settled with in duration of 6 months and the amount which can be taken is £5000.
- 3 months loan: This is the type of loan which must be settled with in duration of 3 months and the amount which can be taken is £1000.