Welcome To 100 Text Loans

Representative example:Borrow £100 for 30 days. Total repayment: Amount payable: £124. Interest £24.Interest rate: 292% p.a.(fixed). Representative APR: 1269.7%(variable).

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

Apply here for short-term monetary help that is designed as per your needs

If you are in a situation where you need quick cash advance then try us. We can connect you with direct lenders who provide quick short term loans in UK. You can get an approval for cash advance between£100 and £1000 on the basis of your regular income, previous loan track records, current financial situation and present debts.

These text loans might be slightly expensive in comparison to conventional personal loan that are sanctioned for relatively longer tenure. However, the advantages you get from these loans justify the interest rates that you have to shell out. Thousands of households in United Kingdom apply for these quick loans every month for fulfilling their needs.

Traditionally, quick loans are for those consumers who have urgent and unavoidable expenseslined-up or have run out of cash in the middle or at the end of the month. A small text loans help them in dealing with such expenses until the arrival of the next payday. There are many people for whom quick and small text loans are a lifeline. While planning monthly budget, they make sure that they are able to make loan repayment while managing day to day expenses.

However, people who are already struggling to manage daily living expenses should not consider applying for these loans. Instead, seek financial advice to make the right decision. There is no denying that these short-term loans can be acquired quickly and seem like a perfect remedy for urgent requirements, however the real expenses can be extremely complex. If you have appropriate budget to make repayment of leaned amount only then you should apply for these payday loans. Otherwise chances are that you might fall under much bigger debt problem.

Apply for a Text Loan today – Fill the online application form

Unlike overdrafts or credit cards which have pile of documentation and lengthy verification procedures, a text loan can get an approval much faster without any need to fax any documents. All you need to do is spend just five minutes if filling the online application form which is available on this website. Soon you will get to know about the lending decision via email or SMS, in case it is approved. The entire process is swift and hassle-free.

Consequences of non-payment

All the implications of non-payment of loan are mentioned in the loan agreement. Thus, before signing this agreement, make sure that you read this agreements and clauses with great care. In case of doubt or query, make sure that you ask your broker or lenders for clarification to have proper understanding of these clauses and conditions. Usually, the instant consequences of non-payment of online loans are – a miss payment penalty, involvement of collection agencies for recovering the loan amount, inability to get an approval for new loan in near future and a loan default remark being mentioned in your credit record or register.

Important Information:

Collection Practices

Once you have received your payday loan amount, if for any reason you think you will be unable to meet any arranged repayments, or if you think there will be any difficulty repaying any part of your loan, then you must contact the provider of your loan directly as soon as you become

Contacting your lender will provide you with the best opportunity to perhaps reschedule your loan repayments or discuss further options in more detail to avoid adverse action. Changing repayments of your loan amount could incur further charges or interest, the details of which can only be discussed directly with the lender of your instalment loan. If no attempt is made to contact your lender and update them on any circumstantial changes or make the lender aware of any difficulty in paying back what you owe; they reserve the right to pass on your details to third party debt collections agencies or organisations that will attempt to recover the debt.

Lenders usually reserve the right to utilise the Continuous Payment Authority to continue to attempt to take payment from your card up to 90 days past your due date. This is only done if it is in line with the terms of your agreement. Please check your own Terms and Conditions on your signed loan agreement for details.


Non-Payment Implications

The implications of non-payment of your loan could include adverse details being included within your credit report. This could adversely affect future attempts at securing credit or finance, in addition to further charges potentially being added by the lender. Where you miss a payment entirely, you will often incur a charge/fee that will be added on to the total amount that you owe. Upon a missed payment, lenders will often try to contact you by telephone or letter in order to recover the funds and they may be able to arrange a new re-payment date with you. If you are struggling, or think there is a possibility that you will not be able to meet repayments, 100-textloans.co.uk strongly recommends that you contact the lender in the first instance.


Important things to remember:

- Don't borrow money if you know you will struggle to pay it back

- Don't ignore the situation, contact your lender as your first port of call

Please be aware that if do not repay your loan at the agreed date between yourself and your lender, this will result in your lender reporting your case to the Credit Reference Agencies; which may have a negative effect on your credit score. This may negatively impact your ability to obtain credit in the future for services such as car finance, mobile phone contracts or satellite TV subscriptions. If you default, you may be charged a collection fee (which varies from one lender to another), plus interest on the balance outstanding at the interest rate payable under the agreement. You must pay your lender any reasonable expenses and costs that may be incurred in taking steps to enforce (for example, via County Court Judgments), or attempt to enforce, the lenders rights against you under your agreement.

Payday loan renewal policy

Your lender may be willing to renew your loan. If you wish to do this you should contact them as soon as you know. Our lenders generally charge the same or better rates for loans if you have successfully repaid a loan to them in the past. Remember our lenders have to check that you can afford any loan. Any decision you make regarding the renewal of a loan should be made with full consideration of all the costs and your situation at that time.

Late or non-payment could lead to further interest and/or charges being added to your account.

Representative example:Borrow £100 for 30 days. Total repayment: Amount payable: £124. Interest £24.Interest rate: 292% p.a.(fixed). Representative APR: 1269.7%(variable).

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