Bad Credit Tenant Loans
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Bad Credit Tenant Loans

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Bad credit tenant loans provides an instant cash loans solutions for his borrowers.if you are a tenant and looking for a loans then you are at the right place.

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Bad Credit Tenant Loans
It's difficult to get a loan if you don't have a home to place as security, having a bad credit history makes it
even more difficult for a person to avail any kind of loan. Bad credit tenant loans are specially designed
for people who don't own home and are also having bad credit history.
BASIC INFO ON BAD CREDIT TENANT LOANS:
Bad credit tenant loans are specially designed for people who don't own a home and are also having bad
credit history. This includes people having arrears, defaults, bankruptcy and CCJ's . Bad credit tenant
loans can be availed for any of your personal needs like buying a new car, going for a holiday, renovating
your home, debt consolidation and so on. The amount that can be availed ranges from £200 to £25,000
with a repayment duration ranging from 3 -25 years. To avail a bad credit tenant loan you must be more
than or equal to 18 years of age, must have a regular source of income, savings bank account and have
lived at your current address for more than 12 months. As these loans are advanced to people having bad
credit status, they carry slightly higher interest rate that ranges from 7.7% to 18.3%, the average APR
being 10.9 %. The loan amount depends upon all the above-mentioned factors. Bad credit tenant loans
can also be availed through online application.
BAD CREDIT TENANT LOANS: ADVANTAGES
Bad credit tenant loans have many advantages. It is offered to people who don't have any personal
property to place as collateral and having bad credit status. Bad credit tenant loan helps you correct your
mistakes and reestablish yourself. You can avail bad credit tenant loans for purchasing a car, holiday,
medical urgencies, wedding etc. considering the fact that bad credit tenant loans are advanced to people
having bad credit history, the interest rate is very low. Bad can credit tenant loans can be availed through
Internet also.
For more please visit on :
http://www.badcredittenantloans.org.uk
Article Source: http://EzineArticles.com/586606