You might need money to serve your petty expenses. There is no need to apply for big loans when the amount you need is small. Hence, when you need money and you cannot afford to wait for long, apply for mini text loans. These advances provide you with great financial assistance to help you in your journey of life. These finances are short term in nature and can be availed within a few minutes.
You can borrow funds up to £100 for a period of 1- 7 days. You can also extend the period but with prior notice to the lender. On the due date the lender will debit your account to recover the funds you have borrowed. This form of credit may be used to pay off your petty expenses. There are no restrictions on the usage of this finance

The application procedure is very simple. You need to first register your mobile number with the lending institute. Fill the application form giving all the correct information. The lending institute will then send you a confirmation email which will include your PIN number and the terms and conditions of the deal. Next time you need loan you just have to specify the amount you need and the repayment period.

The eligibility criterion is as follows:

* You should be a citizen of U.K.
* You must be above 18 years of age.
* You must be employed with a regular income.
* You must have a mobile phone.
* You also need to have an email id to co-ordinate with the lending institution.
* You must have a valid bank account.

Loans by text do not involve any credit checks; hence the procedure is much faster. The borrower should keep in mind that they are short term funds, so they carry a high rate of interest as well. It involves less documentation. Thus, they are advantageous to a number of people