By financen | November 27, 2012 - 4:25 pm - Posted in Loan

Most people have heard of the idea of borrowing money via the Internet these days, but borrowing money over text messages is something that many have not yet heard of.

loan-by-phone

loan-by-phone

The company seeks to provide all customers with the chance to borrow up to £500 at any time that they need to. This is a great thing for those who need to borrow money sometimes for emergency needs. After all, there are plenty of us who are living from one paycheck to the next, and having a little extra help now and then never hurt anyone.

TxtLoan only requires that you sign up for an account on their website once. This process usually only takes about 5 minutes and you are good to go. After you have established an account, you are able to text the company for a loan anytime.

One of the very best things about this particular way of borrowing is that you can get the money that you need in your bank account in 15 minutes or less. That is incredibly fast processing time for loans in general.

The whole purpose of borrowing a small amount of money is to pay off things that need to be paid immediately. In many cases it is better to borrow a small amount of money rather than pay the late fees that come with paying bills late. Depending on the circumstances, there are certain situations when paying late could have even worse results than just having to pay a late fee. Thus, having a text lender is key to helping you avoid these situations.

The ability to receive money via text is important to a lot of people who want to maintain their financial privacy. They do not want other people seeing them in the offices of a small time lender, and this means that they would prefer to be able to get their money over the phone. It is a much more private way of doing things. Besides this, it is a lot easier to receive money in this manner. Anyone can just pull out their phone and have the money almost instantly. That is a lot better than wasting gasoline going down to the lender’s office to borrow money.

This entry was posted on Tuesday, November 27th, 2012 at 4:25 pm and is filed under Loan. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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