A helping hand in crisis

24th Dec 2009

DSS refers to the Department of Social Service which allotted benefits to the disabled people either physically or mentally who are unable to earn money. The people living on benefits of DSS also face the requirement of cash for fulfilling their several needs and desires. For such kind of people a special loan service has been introduced named as unsecured loans for people on benefits. The best thing about this loan is that you are not required to pledge collateral against the loan.

These loans are best for those disabled tenants and non-homeowners who do not own any asst to put against the loan as collateral. Loans for people on benefits are meant to provide fabulous financial help to the people on benefit without any obstacle.

Unsecured loans for people on benefits are collateral free loan service. These loans can also be availed by homeowners who don't want to risk their property. The amount that can be availed through these loans comes in the range of 1,000 to 25,000, for the reimbursement period of 1 to 10 years. The rates of interest for these loans are marginally high because of its short term financial nature. But by doing a proper online research the amount will be negotiated and you will be able to select the most appropriate deal. 

Unsecured loans for people on benefits can be availed by both good and bad credit holders. Even if you have bad credit history due to arrears, defaults, CCJ's etc you are eligible to apply for these loans without any restriction. Thus, with these loans all financial problems of the bad credit disabled people can be easily sorted out without any discomfort.

The amount grabbed by the assistance of Loans for people on benefits can be used for a variety of purposes such as debt consolidation, home renovation, wedding expenses, funding education and so on.

Hence, under unsecured loans for people on benefits all financial requirements of the disabled people are treated well without any hindrance.

Summary

Unsecured loans for people on benefits are the great means to overcome the financial hurdles of disabled people without asking for any collateral against the loan.


Representative APR Example:
You Borrow 900 You Pay 1116 Representative APR 1223.6% (Variable)

Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk