It is easy to have cash for the borrowers who can pledge collateral. But what about those borrowers who can not pledge collateral but assure lender to make the timely payment? For such borrowers UK lenders have crafted flexible loans. With these loans you will get the funds according to your own needs. Your financial condition will decide everything like loan amount and repayment duration. To have the approval it is necessary for you to have an income of above 1000.

To stand eligible for flexible loans you need to have some qualities. These qualities are like this:

1.Borrower must have the nationality of UK.
2.He/She must hold an active and valid bank account.
3.He/She must be working from last 3 months.
4.He/She must be 18 years old or above.

There are various online lenders that can help you to get instant money. But you need to bit wise while selecting a lender. Different lenders have different schemes for you. A little search work can help you to have the loan with affordable interest rate. Usually a lender will borrow you fund in the range of 100-1500 with the repayment term of 14-31 Days. But you can have the cash in the range 5000-75000 and can make settlement in 1 to 25 years. But for this you need to pledge collateral. The market value of collateral must be equal to the borrowed amount.

The best thing about this scheme is that you can have the cash without faxing any document. This scheme is beneficial for bad credit holders. There is no credit checking formalities. You will get the approval even with a bad credit profile. For having hassle free cash online mode is best to go for. Most of the lenders give approval in 24 hours and you can receive the loan amount from your bank account.