Press Release Summary: Without the support of such schemes earlier, people with bad credit had no option but to take secured loans at exceptionally high rates.
Press Release Body: People with bad or no credit can now take a sigh of relief. People at nocreditcheckloans.org.uk are now offering loans without any credit checks. This means anyone is eligible for these loans as long as he is above 18 years of age and has a regular income. This scheme is valid only for the residents of the UK. Focusing on the requirements of people with bad credit, this online money lending company has introduced the scheme to offer them financial relief in times of need. Without the support of such schemes earlier, people with bad credit had no option but to take secured loans at exceptionally high rates. As there are no credit checks when a person applies for loan at nocreditcheckloans.org.uk, the process is faster too. There is no extra interest in the name of bad credit. The interest rate is same as any other loan. These loans can also be availed by people facing Ccjs, bankruptcy, and other arrears. For people with bad credit, loans from nocreditcheckloans.org.uk also offer a chance to regain their credit score. The repayment period of such loans is generally three years or less. The amount granted as loan depends on the income in case of unsecured loans. In case of secured bad credit loans, the amount that can be taken as loan depends on the value of the collateral placed.