Are You Aware Of Loans For People On DSS Benefits?

Are you facing a tough time in life due to shortage of money? When you are living on benefits it is not easy to get through your days as you will find your finance pulling you down at several occasions.

So this can affect you mentally and really depress you and make you wonder as to how to get out of this.

While you are looking out for a job you can have some funds with you by going in for loans for people on DSS benefits. This will immediately give you some financial help, make you settle a few things and thereby will provide a certain amount of solution.

Now these are short term loans so you have to be aware how these loans functions and make sure you only borrow what is needed.

The loan should right now take care of only your immediate needs till you land of on a job or till you have settled your financial issues.

Make your application online once you have calculated as to how much money you want to borrow. The form is available on the site and you just have to key in your details. These facts that you provide to the lender are safe because he has taken high security measures to protect the information that you provide.

There is no credit check done on the applicants nor any kind of assets are collected as collateral. When you apply for the loans, your request will be looked in by the lender who will immediately approve the amount and it will be sent to your bank account. There is no additional fee or processing charges for this service.

You have to only take care about the repayment as these are loans with heavy interest rate and also late payments are charged with penalty. So do not take a loan without being aware of how you are going to pay back the amount.

You can apply for loans for people on DSS benefits whenever you want to as this loan facility is available 24/7.

There is also very less procedures that the loan follows so there will not be any kind of documentation, verifications and also meeting up with lender.

Know The Real Facts About Personal Loans Before Obtaining!

Improved life standard also increases the expenses of the family. This is the major reason that more and more individuals are turning towards personal loans to fulfill their personal needs and desires. Moreover, if you are experiencing any unexpected financial agony and need quick cash support, applying with these finances would prove as a favorable option. These financial services basically offer small cash for short duration without any hectic and tough traditional lending formalities. Enjoying this tempting financial product will let you enjoy the multiple benefits too.

However, before applying with Personal Loans, read the guide below that explains some of the real facts to let you take the rightful decision.

Real Facts To Know About Personal Loans Are As Follows:

• These Finances Offer Small Money For Urgent Expenses And Desires:

Personal Loans are basically a short term financial product that offers the finances for meeting the urgent and unavoidable financial expenses and desires. However, it is advisable for the borrower to use the finances for short term purpose only and not for long term expenses to avoid creating further financial problems in the future. Lender does not restrict the borrowers in spending the money at all.

• Repayment Of Loan Is To Be Made In Single Lump Sum Payment:

It is essential to note down that due to its short duration, the loan money is needed to be pad off in single lump sum payment when the applicant get his/her next paycheck in account. So, it is better to check your repayment affordability in advance to make sure that you can timely handle the service.

• Interest Rates Are High Due To Its Small Tenure:

Due to its collateral free nature and short tenure, the interest rates charged on these finances are quite high. So, making a clever and smart research is required that help you to select the most pocket friendly and suitable financial deal of all.

• Huge Penalties For Late Payment And Loan Defaults:

It is important to note down that the applicant who make any delays in the payment or make loan defaults have to pay high penalties and late fees. This makes the financial deal extremely expensive to handle. So, check your pocket in advance and try to make the payments on time to avoid the chances of delaying or making loan defaults.

Conclusion:

On thing you should know about personal loans is that these loans are tempting and advantageous financial deal that helps to solve your financial emergencies on time. However, knowing the real facts about the service will let you avoid the troubles that may arise in future.

Easy Loans Available for People Having Disability!

Every individual struggles so hard to live in this competitive world. There are many hurdles that prevent people from attaining their goals.

Unfortunately there are people with different kinds of disabilities who can not get employed or under-employed due to their disabilities. Do you require cash to cope up with your expenditures and unable to find a suitable way out?

Here is a good tiding for you! There are lenders to help you in your distress. They provide loans for disabled to pay your pending bills on time.

Trouble free-processing:

These lenders are borrowers-centered and their aim is to render financial service to less privileged people. They never insist on a prior credit check and though you have a not-so-worth credit records, your application never faces a denial.

There is absolutely no necessity for pledging of collateral or faxing of credentials for the sanctioning of the loan. Hence this can be the best borrowing option for you to set right your financial conditions.

Easy and convenient:

These loans for disabled are short term loans meant exclusively for people with disability. These are provided with very simple and comfortable norms. Here the loan amount and the repayment tenure is decided by the lenders.

They work out these aspects on the basis of your requirement and your source of income to refund the cash. You get the privilege to spend the amount as you desire and the lenders do not hinder you in this area.
Ever available:

All these lenders are tech-based and they are available for contact on online mode day in and day out. So you can contact them any time to get their assistance.

You just fill in a simple online application form and forward it by a mere click. It hardly takes a few hours to find you money in your checking account.

Cash crunches might mess up your peaceful life badly. Yet you can set it right by availing loans from authentic lenders. Pay your bills without delay by opting for loans for disabled. A timely gesture of care and comfort!

More from Lendwithcare in the Philippines | The impact of Typhoon Haiyan

Day 12 and Tracey retells the stories of the Lendwithcare entrepreneurs she has met whilst in the Philippines ...

I had to accept that we were not going to get to Leyte or any of the other worst affected islands due to the bad weather. There has been an area of low pressure over the Philippines for the last couple of weeks which has been causing constant rain and high winds and severe flooding in some areas. 

CARE/Peter Caton

Instead we decided to travel four hours north of Cebu city to meet with one of Lendwithcare’s partners, a Co-operative called FCCT. FCCT have many branches, including two in the north of Cebu which was affected by typhoon Yolanda, as it is known here (if you say typhoon Haiyan people look at you blankly). 

Tracey's original route

First I met with the staff of FCCT who explained all the services they offer to their members, including loans. You can tell from their motto “only having savings breaks the bonds of poverty” that they strongly believe in encouraging their members to save. In fact, they even have a “kiddies savings plan” where children, from the moment they start school to when they finish year six, can save a third of any allowance they get from their parents. When these mini-savers graduate junior school they can withdraw their savings to spend on a graduation dress or new shoes. The interest rate they receive is 5% - I could only dream of finding a savings account that pays that much to my own son in a children’s account in the UK. FFCT also offer a good rate of savings to adults which they pay from the interest they charge on loans. 

Loan repayments are collected by staff every week – they go and visit the borrower to avoid them having to interrupt their business to travel to the office to make their loan repayments. Any profit FCCT makes is returned to their members at the end of the year. As well as savings and loans, FCCT offer mobile money transfer services. 

By the time I finished hearing about FCCT’s services it was the end of a very long day. We had dinner with the FCCT staff and they told me how terrifying it was to be in the middle of such a “super typhoon”. Luckily typhoon Yolanda hit during the day which meant that a lot of people had time to get to an evacuation centre (which in practice are schools or churches). They all said it was the most terrifying experience of their lives and most of the staff had experienced around 70% damage to their own homes. They told me this in a very matter of fact way. Apparently the Philippines experiences an average of 20 typhoons a year so they hadn’t realised quite how bad this one was going to be. After a night in a simple guest house, we breakfasted on the tastiest fried eggs on toast I have ever had – I wish I knew how the chef, who was a member of FCCT, had made them so delicious. We then left the FCCT office to meet some of their members who had been affected by the typhoon. 

First I met Melbina Tuico who has four children. She runs a food stall and as a side line rents DVDs to provide an additional source of income for her family. Both her business and home were completely destroyed during the typhoon. But she needs to feed her family and send kids to school so Melbina immediately moved her business next door to an area outside her sister in law’s house, which is manageable in the short-term. She said that business has been OK since the typhoon since people still come to eat. She provides breakfast lunch and dinner, her customers are neighbours but also people from other villages since she prepares such delicious BBQ food. 

When I asked her about the future she replied “only god knows my future”. She is hoping and praying that someone will help her rebuild her house and restaurant area again. Shelter is her main problem as they are now all sharing her sister in law’s house. The children keep asking when they can go back to their own home. Melbina and her family received some relief goods from humanitarian organisations working in Cebu but she has not been able to get any construction materials. She said she can’t focus on her business properly while she is worrying about whether her house will be rebuilt. I wished her good luck, not knowing quite what could be done for her in the short term. CARE and other relief agencies, who have specialised expertise in emergency shelter relief, are rightly focusing on the most vulnerable who don’t have anywhere else to go. 

However it is very likely that FCCT will offer her what they call a “rehabilitation loan”, which will be on a deferred repayment basis and at a very low interest rate. I asked them to send me details as soon as possible so that we can put it on the lendwithcare as I know our lenders will want to help. 

Stay tuned for more stories from the Philippines here and on our Facebook and Twitter pages.

Make a loan to an entrepreneur trying to build a stable future for themselves and their families today by visiting lendwithcare.org 

We did it! £3m of lendwithcare loans to entrepreneurs in developing countries!

The past year has seen phenomenal growth at lendwithcare.org. At that stage we were celebrating £1m of loans made. In March this year we commemorated the doubling of that monumental amount! And I am thrilled to tell you that last week, on 30^thAugust 2013, we smashed through that and our 3 millionth pound was lent by Sharon from Suffolk to Mrs Essowouna Simbama from Togo! Thus far, lendwithcare lenders have:

•        Made over 80,000 loans
•         To fully fund over 5,000 entrepreneurs
•         From seven different developing countries

Supporting more and more entrepreneurs to improve their lives and create a better future for them and for their families.

Astounding, isn’t it?  This achievement is the work of our fantastic lenders – congratulations and thank you for your support!

By Teresa Hall, Lendwithcare Volunteer

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