To put it quite simply, tenant loans offered by Chance For Loans are, on the whole, unsecured loans for which you don’t need to place any asset of yours against the loan amount as collateral. Also, these loans are short term loans and are generally availed for quite a limited period of time. In addition to all this, it should also be kept in mind that these loans have a specific period by which the repayment needs to be done, unless the borrower wants to bear the cost of various overheads as well.

Here’s a brief lowdown into how exactly these loans work…

• The moment you decide to avail our services, all that needs to be done from your end is filling out a short online application located at our website
• When your application is processed and approved for, you will be visited by an agent of ours who will finalise your deal after a comprehensive discussion over the various aspects of your application.
• The loan amount sanctioned for you will be transferred electronically from your currently active checking account on the exact date on which your loan repayment is due.       

The loan amount that can be availed with these loans ranges from £100 – £1500 and depends upon various factors like credit status and repayment ability of the borrower. The repayment duration of such loans ranges from 14 days to 6 months at maximum. In spite of the high risk factor involved with such loans, we offer tenant loans at extremely competitive rates.