12Loans – Your Most Friendly Lender

12Loans specialises in providing affordable logbook loans to customers who are typically who are unable to access the traditional forms of lending. They are experts in providing 12 month loans. Their product is referred to as “logbook loan” which is loan secured against your vehicle, allowing you to release the cash in your car, van, or motorbike. They treat thousands of customers each month and are committed to treat their customers fairly and to ensure that the loan is suitable for their needs. They are authorised and regulated by Financial Conduct Authority and are members of Consumer Credit Trade Association.

Their loans are designed to provide a short term solution as per the current financial requirements. They aim to match your current budget with the most affordable repayment terms. Logbook loans are an alternative choice to a payday loan. By taking Logbook loan the customer has an option of spreading repayments over a longer and manageable period. Additional y the Logbook loans which they offer has no set up fees and no early settlement penalties. The customers can pay off these loans as early as they wish. Even if you want loans for a longer term, they offer that as well.

How 12Loan works?

The process to obtain a loan from 12Loans website consists of three simple steps. The first is to apply through their website. The process is very simple and quick. A member of their New Business Team will contact you to discuss the requirements. The second step is to arrange an appointment with one of their local branches. Their meetings usually last not more than 60 minutes. The third step is to receive your cash in store which is up to £5,000 which is subject to an assessment of your vehicle and income. They can also arrange a bank transfer.

What are the main benefits of a lone from 12Loan?

There are three major benefits for taking a loan from 12Loans: The first one is fast Application One of the fastest and most convenient ways to apply is through their online application form. Once they receive the enquiry, the response is within minutes (during working hours) they do appreciate the fact that many people require loans during emergencies and during that every minute counts. The second benefit is the flexible loans and repayment options which are offered. There is no requirement to apply for loans in round numbers.

The customers are free to apply for the exact amount they require and subject to eligibility and affordability they will happily assist you. They understand that while many people find making the payment at the beginning or end of the month easiest, this might not be the case with everyone. Some people prefer making weekly payments. At 12Loans they would work with you to suit your budget. And last but not the least the greatest benefit of a loan from 12Loans is that they don’t charge any fees to set up your loan at any point of time.

They know that you have many things to worry about without the additional burden of the fees, which is why they don’t charge any fees to set up your loan. They are direct lenders and not brokers. You can also settle your agreement early without any kind of penalty. However their eligibility requirements differ from traditional loans. If you are above 18 years of age, if you legally own the vehicle against which you seek a Logbook loan , If you can provide your V5 document and if the vehicle is insured only then  you could be eligible for the loan.

1 Year Loan without a Guarantor

Screen Shot 2016-02-12 at 02.47.171 year loans without guarantor are the risk free and most fast loans that can be acquired in the United Kingdom loan market. In such kind of loans, unlike the secured loans no collateral is pledged for getting the loan from the lender. In secured loans people had to give any of his collateral in the custody of the loan lender but in these loans this security is not needed by the lender of the loan. So if he fails to pay off his loan back to the kinder due to any problem, he will not be in risk of losing his collateral. For this purpose these loans are known as risk free loans. People may acquire these loans after the lender has confirmed your credit report. On the basis of the impression your credit report is giving you will be given these loans.

Eligibility and conditions for getting 1year loans without a guarantor in the United Kingdom

Any person can get these loans whether he is a tenant or a homeowner if is available with perfect credit scores and perfect credit report showing good credit records in the past. If the credit reports depict any pending loans and any remaining credits, the lender may not trust the borrower and may refuse to allow the loans. To give loan to these people will be a risky thing to do. Some of the people who have been rejected for different other loans may get these loans if they meet the conditions and are eligible for getting such unsecured loans.

Need of finding 1 year loans without a guarantor

The 1 year loans without a guarantor can be taken for several purposes. A person who wants to renovate his house and wants to make some changes may get these loans. Those parents who are unable to afford the educational fees and expenses of their children may find these loans. People who need some money for meeting their business needs may get them. People can acquire them for debt consolidation. And for several other purposes these loans can be acquired easily.

Advantages and benefits of 1 year loans without a guarantor

These 1 year loans without a guarantor may let you avail a number of benefits and advantages which will help you in your financial lives. These loans are not at all risk as the secured loans are. These will be very much helpful when you are in need of some finances and need to be helped financially. So, the 1 year loans will benefit you in the hour of need.

Easy Access to 1 year loans without a guarantor

At present you need no worries regarding the access to the 1 year loans as you just have to fill the application form available over the website. You just fill the online form that asks some general information about yourself. After submission of application form it takes no more than 10 minutes to transfer loan to your bank account. We would suggest  using a direct lender such as 12loans.co.uk if you intend to apply for a 12 month loan.