Technology has made lots of things easier for us in terms of communication, food, transport, work etc. Advance technology brought some changes in financial industry as well and text loans are the new example. Can you avail the loan by sending one text from mobile phone? Yes, it is true now. This is the new way lenders are offering money. It provides short term monetary help to meet any unexpected expenses that can destroy your financial or monthly budget. These are small financial help but provide huge help at time of emergency.

With the help of these loans, borrowers can avail the money from any part of UK by sending text through cell phone. Banks or lenders transfer the amount into the account within few minutes after receiving the text. People are free to use the money for any purpose like, education fees, hospital charges, medical bills, car broken payment, rent payment, credit card payment etc. This loan options allow people to borrow the amount up to £100 for the time period of 7 days. People need to fulfill the eligibility criteria in order to obtain the cash like,

-         UK citizenship and individual should be 18 years old or more.

-         Full time job with regular source of money

-         6 months old active bank account

-         Borrower can not avail the option without mobile phone and email address

In order to proceed for text loans, applicants need to fill a free online application form. After submitting the application form, lenders verify the details and send the complete information about the next steps. You just need to follow the same instructions in order to finish the procedure. The biggest advantage of finance is that you can obtain the cash any number of times after becoming the client of bank.