Birmingham, U United Kingdom (PressExposure) October 18, 2011 -- Today availing a loan is not a big problem but getting it at affordable interest rate with comfortable repayment process is important. If you have to repay the loan soon, you don't feel comfortable and so, people like to avail 12 month payday loans that come with a perfect repayment time period. So, you don't need to look for any other way to gain money as these loans will support in the best way.
12 month payday loans are the urgent solution of any small problem and you can't use it for long term purposes but for your day to day need with ease. As arranged loan sum through these also ranges from 100 pounds to 1500 pounds and you have to clear it through 12 easy monthly installments. The loan can be used for any purpose including paying off school fees, electricity bills, water bills, medical bills and even any other urgent issue. Though the loan sum is really small, it can be increased or decreased as per your monthly income and repayment capability as well.
No problem in getting your loan application approved as 12 month loans come with no credit check feature. People with arrears, bankruptcy, defaults, CCJs and even insolvency can happily borrow these loans anytime. If you want to enjoy these loans in a faxless form, you will need to have a domicile of UK and then, you can enjoy it. Apart from this, you also need to meet some other conditions in order to borrow these loans and they include a minimum monthly income up to 1000 pounds per month, a valid bank account, an age up to 18 years and even a regular employment. Terms to Put your Small Term Needs to An End!
For any more detail about 12 month payday loans, you can visit at [http://www.bestpaydayloansuk.co.uk/12-month-loans.html]